Taxes  |  Format: Flash

Taxation of International Transactions - Part 1 (Updated)

Course Overview
Part 1 of Taxation of International Transactions discusses foreign sources of income, taxable income of U.S. citizens or residents abroad. This material reflects updated information as of November 1, 2018.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Identify the fundamentals of the foreign tax credit.
  • Recognize the importance of income sourcing rules in international tax planning and compliance work.
  • Recognize special source rules that apply to different kinds of income.
  • Recognize the importance of both citizenship and residence in determining tax liabilities of individuals.

    Catalog Number: 99NPT05-v2
    CPE Credits: 1 Registry / 1 QAS
    Author: Don Paul Cochran, JD, CPA
    Advanced Preparation:
    Course Level: Basic
    Field of Study: Taxes
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Windows or Mac OS
    Release/Expiration Dates: May 06, 2019 / May 06, 2021