Taxation implications for controlled foreign corporations

$49.00

Field of Study:
Taxes
Instructor(s):
Tara Fisher
Credit(s):
2.00
Course Format:
On Demand
Qualifies For:
IRS
Prerequisites:

5+ years of Corporate Tax experience

Course ID:
12827/14005
Knowledge Level:
Advanced
Advanced Preparation:

None

Publication Date:
04/28/2020
Planned Expiration:
04/29/2021
IRS Approved:
Yes
Provider:
Becker Professional Education
IRS Approved Program
Learning Objectives:

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

  • Recognize when a U.S. shareholder is required to include income from a controlled foreign corporation in gross income for income tax purposes
  • Define and recognize the characteristics of a controlled foreign corporation
  • Recognize how a controlled foreign corporation's shareholders are taxed
  • Calculate Subpart F income
  • Define and recognize the characteristics of previously taxed income including calculating the amount currently taxable, basis adjustments, foreign tax credit, blocked income, and reporting

Taxation implications for controlled foreign corporations

$49.00

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823