Earn CPE Credits!
Earn CPE Credits!
This program builds practical knowledge of foreign loss rules, foreign currency taxation, and international tax compliance. It covers dual consolidated losses (DCLs), currency regulations, and reporting requirements for cross-border operations. Participants explore DCL computation and recapture, functional currency determination, and qualified business units (QBUs), developing a strong understanding of global tax complexities.
Understand dual consolidated loss (DCL) rules and recapture events
Analyze foreign currency transaction rules and interactions
Learn functional currency determination and QBU concepts
Identify international tax reporting and compliance requirements
Develop awareness of outbound transactions and filing obligations
Program focuses on core international taxation concepts related to foreign losses, currency rules, and compliance. Participants explore DCLs, foreign currency regimes, and reporting requirements.
Understand how DCLs are calculated and the rules governing their use.
Identify events that trigger recapture and their tax implications.
Analyze how foreign currency transactions are treated under U.S. tax law.
Learn how QBUs are defined and their role in currency determination.
Understand how to determine the functional currency for foreign entities.
Identify required forms, filing obligations, and consequences of non-compliance.
Get a preview of your achievement with Demo Certificate - a glimpse of the credential you’ll earn after successfully completing the program.
This course is developed by experienced subject matter experts, including Sam Edvalson, Pamela Whitehead, Maria Chiarino, Eric Johnson, and Brandon Joseph, combining practical insights with current international tax regulations.
What Skills Will I Gain?
You will gain practical knowledge of DCL rules, foreign currency taxation, functional currency determination, and international tax reporting requirements.
How Is the Program Delivered?
The program is delivered online in a self-paced format with practical examples and real-world applications.
Who Should Enroll?
This course is ideal for tax professionals, finance teams, and individuals working with foreign transactions and compliance requirements.
What Topics Are Covered?
How Many CPE Credits Are Offered?
The program offers 4.5 CPE credits upon successful completion.
What Is the Program Level and Field of Study?
The program is designed at an Intermediate level and falls under the Taxation field of study.
