This self-study online course is part of the U.S. International Tax Certificate, a comprehensive learning program geared to help global finance and accounting professionals navigate the highly complex world of international taxation. This course can be purchased individually or as part of the U.S. International Tax: Core Concepts bundle. You must purchase the bundle to earn the digital badge.

This course covers U.S. international tax fundamentals, beginning with defining tax systems employed around the world. Featuring an introduction of the concepts of inbound and outbound taxation, this course provides you with a baseline of residency concepts, foreign tax credits, entity classifications, and different types of income. Also covered are such key fundamental concepts as income sourcing, withholding taxes, tax treaties, and transfer pricing.

Key Topics

• Tax Systems
• Inbound/Outbound Taxation
• Residency
• Foreign Tax Credits
• Entity Classification
• Subpart F Income
• Income Sourcing in U.S.
• Withholding taxes in U.S.
• Tax Treaties
• Transfer pricing

Learning Outcomes

• Distinguish the differences between various types of global tax systems and certain characteristics of each
• Recall how the U.S. tax system works
• Recall entity classification and hybrids
• Recognize the different forms of operating a business in a foreign country
• Recall the concept of a permanent establishment / taxable presence in the United States and globally
• Recall U.S. income sourcing rules
• Identify general U.S. withholding tax rules
• Recognize the general function and benefits of most income tax treaties
• Recall the basics of transfer pricing rules for controlled transactions in the U.S. and globally
• Identify the key actions under the OECD Base erosion and profit shifting (BEPS) initiative