INTERNATIONAL TAXATION OF BUSINESS AND ENTITIES (TAX 450) (2 CREDITS)

Professor Richard Beck

Surveys the U.S. tax rules applicable to multinational businesses, including an introduction to source of income rules, transfer pricing, the foreign tax credit system, controlled foreign corporations, and international joint ventures. The impact of bi-lateral tax treaties between the U.S. and its trading partners and the impact of other international tax agreements such as the EU tax harmonization efforts will be discussed.