Corporate Tax Series

Taxation of International Transactions - Part 2 (Updated)

Course Overview
Part 2 of Taxation of International Transactions discusses the tax implications of U.S. persons owning certain foreign corporations, controlled foreign corporations, transfer pricing, and U.S. persons owning foreign deposit accounts and other foreign financial assets. This material reflects updated information as of November 1, 2018.

Learning Objectives:

After completing this course, the course participant should be able to:

  • Identify key characteristics of a passive foreign investment company.
  • Identify the general purpose of Subpart F.
  • Recognize the characteristics of a controlled foreign corporation.
  • Identify the key differences between retained earnings and "earnings and profits".
  • Recognize circumstances in which IRC Section 482 must be considered.
  • Differentiate between assets or accounts that are and are not required to be reported on FinCEN Form 144.

Prerequisites/Advanced Preparation:


Speaker / Author:

Don Paul Cochran, JD, CPA, is a solo practitioner in Apple Valley, Minnesota. His 36 years of practice has been focused primarily in the areas of small business legal and tax consulting, and individual tax, estate, and financial planning. Don has practiced law in both Iowa and Minnesota. He is a member of the Minnesota and Iowa State Bar Associations and the Minnesota Society of CPAs.

As a program instructor with Nichols Patrick CPE, Inc., Don is much sought after as a presenter of CPE seminars sponsored by state societies of CPAs, CPA firms, and associations of CPAs. Don is also a featured speaker at several national tax conferences.


Price (USD)

Standard: $49.90


Course Code : 99NPT06-v2

Release Date : 05/06/2019
Expire Date : 08/31/2021
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Basic
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Taxes

Theme : Corporate Tax Series

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