Analyze two changes to CFCs and advise your client on the actions necessary to reduce current and future tax liability as a result of these charges. Create a scenario reflecting the taxation under the prior tax and current law to support your recommendations.
International Taxation The United States uses the U.S. Model Income Tax Convention as a starting point for treaty negotiations, and European countries and trading partners employ the Organization for Economic Co-operation and Development (OECD) Model Tax Convention. The United Nations tax committee has also produced a UN Model Tax Convention. Compare the U.S. model, OECD model, and […]