A two-day introduction and update session with live group instruction on the practical U.S. tax issues in documenting and reporting the
tax and accounting results of foreign entities and operations

• Find out how companies obtain foreign tax data from affiliates overseas for preparing Forms 5471
• Discover how to report the results of check-the-box and other foreign disregarded entities on new Form 8858
• Ascertain how to satisfy the tax reporting requirements under Secs. 367 and 1248 for foreign mergers and reorganizations
• Learn how to compute the amount of tainted Subpart F earnings and file an election to exclude Subpart F amounts
• Review the preparation of Form 1118 and how to prepare worksheets for computing earnings and profits (E&P) and the amount of indirect credit (Sec. 78) gross-up
• Understand how the expense apportionment rules under Reg. Sec. 1.861-8 affect foreign tax credit benefits
• Find out recent trends in transfer pricing planning and managing cross-border audits in multiple tax jurisdictions
• All paid attendees receive a copy of the BNA Portfolio (#947) - Reporting Requirements under the Code for International Transactions

CITE is registered with the National Association of the State Boards of Accountancy 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. Complaints regarding registered sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. CITE has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York for the period of August 27, 1999 - August 27, 2002. For additional information regarding CLE credit please call (914)328-5656. Financial hardship granted on a per request basis.

Continuing Education certificates will be distributed at the end of each meeting. This certificate must be retained. Should a replacement certificate be needed,
the following fees apply.

Cancellations received more than 72 business hours prior to the meeting will be issued a credit. A $350 fee will apply to cancellations received within 72 business hours of the event. No credit card or cash refunds will be issued at any time. For more information regarding administrative policies, such as complaints and refunds, please contact us at 1-914-328-5656, or e-mail info@citeusa.org. Credits will not be issued for “no shows."

Continuing Education Certificates

Continuing Education certificates will be distributed at the end of each meeting. This certificate must be retained. Should a replacement certificate be needed, the following fees apply.