CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

2022 International Tax Update: Build Back Better Act/Foreign Tax Credit/OECD/Transfer Pricing/Treaty Planning

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
2 Credits: Taxes

Course Description

This course will prepare you for the 2022 filing season by updating you on the new legislation, rulings and IRS pronouncements that impact US international tax reporting. New in this series of updates is a look at the changes to the 2021 international tax forms and potential changes to the 2022 forms.

In this portion David Jarmusz, CPE, JD, LLM, will be covering the Build Back Better Act, the Foreign Tax Credit on the corporate side as of May 2022.

Learning Objectives

Upon completing this course, participants will know:

  • Build Back Better Act proposals
  • Updates to Foreign Tax Credit – Corporate
    • Who can take the FTC
    • What taxes qualify for the FTC
    • §904 Qualified Taxes
    • Final Regs on Creditable Foreign Taxes
    • Carryback and Carryforward
    • Foreign Tax Credit limitations
    • Final FTC Disregarded Payment Rules
    • Income Sourcing Rules
    • Allocation and Apportionment Regulations (A&A)
  • The Organization for Economic Co-Operation and Development (OECD)
    • BEPS 2.0
    • Transfer Pricing
    • Form 8975, Schedule A
    • Treaty Planning

Course Specifics

Course ID
WC1822286363
Revision Date
June 6, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02020-22-O
IRS Federal Tax Update Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1756
CTEC Federal Tax Update Credits: 2

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.

Course Instructor

David F. Jarmusz Headshot
David F. Jarmusz, CPA, JD, LLM

David F. Jarmusz, CPA, JD, LLM, is a partner at Jarmusz & Associates Tax, LLC. He is also a veteran of the international tax departments of the ‘Big 4’ accounting firms of Coopers & Lybrand (Washington, D.C. and London, UK) and Ernst & Young LLP (Chicago). As a lifelong international tax practitioner, he has assisted hundreds of clients around the world. He earned a BS in accounting from the Canisius College of Buffalo, NY, a Juris Doctorate from the University of Detroit Law School, and Master of Laws in Taxation from the Georgetown University Law Center. David F. Jarmusz resides …

David F. Jarmusz, CPA, JD, LLM Read More »

2022 International Tax Update: Build Back Better Act/Foreign Tax Credit/OECD/Transfer Pricing/Treaty Planning

Expert Instructors
CPE CREDITS
2 Credits: Taxes

$98.00


Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.

Icon_Webcast
Webcast
Icon_Level
Update
Credits
CPE Credits
2 Credits: Taxes

Course Description

This course will prepare you for the 2022 filing season by updating you on the new legislation, rulings and IRS pronouncements that impact US international tax reporting. New in this series of updates is a look at the changes to the 2021 international tax forms and potential changes to the 2022 forms.

In this portion David Jarmusz, CPE, JD, LLM, will be covering the Build Back Better Act, the Foreign Tax Credit on the corporate side as of May 2022.

Learning Objectives

Upon completing this course, participants will know:

  • Build Back Better Act proposals
  • Updates to Foreign Tax Credit – Corporate
    • Who can take the FTC
    • What taxes qualify for the FTC
    • §904 Qualified Taxes
    • Final Regs on Creditable Foreign Taxes
    • Carryback and Carryforward
    • Foreign Tax Credit limitations
    • Final FTC Disregarded Payment Rules
    • Income Sourcing Rules
    • Allocation and Apportionment Regulations (A&A)
  • The Organization for Economic Co-Operation and Development (OECD)
    • BEPS 2.0
    • Transfer Pricing
    • Form 8975, Schedule A
    • Treaty Planning

Course Specifics

Course ID
WC1822286363
Revision Date
June 6, 2022
Prerequisites

None

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02020-22-O
IRS Federal Tax Update Credits: 2
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1756
CTEC Federal Tax Update Credits: 2

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registeration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board.

Course Instructor

David F. Jarmusz Headshot
David F. Jarmusz, CPA, JD, LLM

David F. Jarmusz, CPA, JD, LLM, is a partner at Jarmusz & Associates Tax, LLC. He is also a veteran of the international tax departments of the ‘Big 4’ accounting firms of Coopers & Lybrand (Washington, D.C. and London, UK) and Ernst & Young LLP (Chicago). As a lifelong international tax practitioner, he has assisted hundreds of clients around the world. He earned a BS in accounting from the Canisius College of Buffalo, NY, a Juris Doctorate from the University of Detroit Law School, and Master of Laws in Taxation from the Georgetown University Law Center. David F. Jarmusz resides …

David F. Jarmusz, CPA, JD, LLM Read More »

2022 International Tax Update: Build Back Better Act/Foreign Tax Credit/OECD/Transfer Pricing/Treaty Planning

Expert Instructors
CPE CREDITS
2 Credits: Taxes

Webcasts are available for viewing Monday - Saturday, 8am - 8pm ET and Sunday 12pm - 4pm ET.

$98.00