21WA-3571: Treaties and Other International Agreements: Basic Overview (Webinar)
Thursday, December 9, 2021
Taxes - Technical (2.0)
Standard Member Fee
Standard Nonmember Fee
This course presents an overview of tax treaties and how they are used in structuring transactions and determining the tax impact of cross-border transactions. It discusses the ordering rules for local laws versus treaty laws, and the purpose of the tax treaties in avoiding and eliminating double taxation to promote trade and investment. The participant will learn about planning opportunities to contemplate when structuring foreign operations.
Who should take this program?
Corporate tax and finance executive, directos, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have cross-border operations and issues.
What is a Treaty?
Basis of Taxation
Relationship between treaties and domestic law
Competent Authority Agreements
Acquire a better understanding of the international tax environment.
Describe the purpose of income tax treaties in the tax regimes of countries.
Recognize qualifications for a permanent establishment.
Be able to discuss common treaty provisions in the US Model Treaty.
Understand typical reduced withholding rates on dividends, interest and royalties.
Describe the rules by which a taxpayer must disclose a tax position to the IRS for claimed treaty benefits that is in conflict with the IRC.
Ascertain mutual agreement procedures between the taxing authorities of two treaty countries in cases of double taxation.
Recognize when a company/citizen would need to file Form W8-BEN with the IRS in order to claim treaty benefits for US tax withholding.
NASBA ID#: 107810
Group Internet Based