Tax Cuts and Jobs Act: International Tax Provisions 2020

  • Credits: 8
  • Format: Self-Study eBook
  • Field of Study: Federal Tax Law
  • Author/ Speaker: Tax CE Publishing

Course ID: Advanced Preparation: Experience Level:
EWTFM-T-01617-20-S / 6233-CE-0344 None Overview
Published Date: Program Prerequisites: Other Course Formats:
© April 2020 General Understanding of Taxes eBook | Self-Study

COURSE DESCRIPTION

The Tax Cuts and Jobs Act of 2018 was a significant change to the US tax code. The Tax Cuts and Jobs Act is organized into four primary sections of: Individual Tax Reform, Business Tax Reform, Exempt Organizations, and International provisions. This is an updated course for 2020 that will provide a thorough review of the International Tax Provisions portion of the Tax Cuts and Jobs Act Bill (H.R.1.) and it also includes the provisions that have changed for 2020 for International Tax Provisions. Part 1 of this course will provide a summary description of all provisions referenced in the Tax Cuts and Jobs Act for the International Tax Provisions section. It will identify which sections changed for 2018 and which were updated for 2020. Each provision will reference a more detailed description of the provision in Part 2 of this course. The detailed description will review the pre-2018 law, provide a detailed description of the changes for 2018, and identify the effective date that the provision became effective.

Learning Objectives:

After reading the course material, you will be able to:

  • Review the International Tax Provisions section of the Tax Cuts and Jobs Act and identify which sections changed for 2018 and which were updated for 2020.
  • Recognize the tax rate changes associated with Subpart F.
  • Identify the changes to foreign income tax that were implemented with the Tax Cuts and Jobs Act.
  • Recognize where to find more information about each provision in part 2 of this course.
  • Identify the effective dates for the International Tax Provisions portion of the Tax Cuts and Jobs Act.

Who Should Attend:

  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

Qualifies and approved with all state boards of accountancy and the following sponsorships:

NASBA
IRS
CTEC