INTERNATIONAL TAXATION OF INDIVIDUALS (TAX 150) (2 CREDITS)

Professor Richard Beck

Examines tax issues related to cross border employment, business, and investment activities of individuals. Problems of potential double taxation by two or more countries will be examined, including the definition and effects of U.S. residence, relevant source of income rules, U.S. taxation of business and investment income of nonresident aliens, the foreign tax credit, and the exclusion of foreign earned income for U.S. citizens and residents. The effect of tax treaties will also be studied. Many of these issues are important in the practice of immigration law, family law, and estate planning as well as for tax and general business law students.