Description
We will discuss typical situations in which a cross-border transaction arises, and how a taxpayer can utilize the rules to potentially decrease an entities effective tax rate. Other issues, such as documentation and IRS audit risk will also be covered. These rules will be illustrated by a hypothetical US- Canada transaction.
Learning Objectives
Identify a cross border transaction and be able to discuss potential implications.
2. Determine potential audit risks involved with cross border transactions.
3. Explain the role of competent authority, advanced pricing agreements and other alternative methods in reducing audit risk.
4. Understand the types of contemporaneous documentation needed.
5. Apply these principles in order to decrease and entity’s effective tax rate.
To complete this course participants need to: Answer polling questions to meet NASBA / IRS / State Board of Accountancies requirements for attendance verification.
A course evaluation form is provided for your feedback. Participants have 1 year from the date of purchase/enrollment to complete this course.
Our Refund policy can be found at: https://cpeprime.com/cancellation-and-refund/
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