Outbound International Tax Compliance

General Description:

The participant will learn the fundamental reporting requirements for a U.S. person forming a foreign entity (outbound).

Learning Objective:

After completing this course the participant will be able to:

• Prepare the following types of generally individual returns:
  Form 1116, Foreign Tax Credit;
  Form 8938, Specified Foreign Financial Assets.
• Prepare the following types of foreign flow-through entity returns:
  Form 8832, Entity Classification Election;
  Form 8858, Information Return on Foreign Disregarded Entities;
  Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships.
• Prepare the following types of foreign corporate returns:
  Form 926, U.S. Transferor of Foreign Property to a Foreign Corporation;
  Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations.

Instructors:

Mark Merric is a CPA and an attorney and holds a master of taxation degree. He is an adjunct professor at the University of Denver Graduate Tax Program and the University of Colorado Denver MS in Taxation program, and a lecturer for Fudan University’s Master of Taxation program (second ranked in China). He manages his own law firm where he concentrates on domestic and international business transactions, international taxation, and estate planning. He has spoken nationally and internationally more than 600 times, authored and co-authored more than 80 articles nationally, and is quoted in the Wall Street Journal, Forbes, and the Boston Herald.

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