Product Description: Practical Guide to U.S. Taxation of International Transactions provides readers with a practical command of the basic concepts and issues surrounding U.S. taxation of international transactions, with an emphasis on essential areas that businesses and their financial advisors need to understand. The Fifth Edition is substantially a new book because it is completely revised and reorganized to reflect the current state of U.S. international tax law after passage of the American Jobs Creation Act of 2004. It covers the repeal of the extra-territorial income (ETI) regime and its replacement by the domestic production deduction, the new temporary dividends-received deduction, modifications to the foreign tax credit, changes to the anti-deferral regimes, the tightening of tax rules on expatriation of individuals, and a number of other important changes. Even with increased coverage and substantial reorganization, the book maintains its initial mission of providing a well-written and concise explanation of this increasingly important subject that is accessible to all those who toil over U.S. international tax issues. This classic text was developed to shed light on the U.S. rules in a way that all practitioners and students of U.S. international tax can understand and apply. It's the one book that can be found in the libraries of both sophisticated U.S. international tax experts, as well as small firm general practitioners working with a clients who are just getting involved in doing business beyond U.S. borders.
Great Resource As someone who deals with variety of International tax issues on daily basis, I often refer to this book as a refresher on the basics. The book is not very deep technically, but the examples used and materials covered makes it a must-have on my desk at all times. I'm about the upgrade it to the next edition.
Very good book Easy to follow. It doesn't get into extremely technical tax planning, but it explains high-level transactions at a level non-international tax professionals should be able to follow.
An indispensabel guide for practitioners The authors deliver an indispensable and valuable guide for international transactional and tax professionals. The analytics, coupled with the use of text and graphics will appeal to a wide range of readers!
Anything Goes Trivia
Megaton Man
Trevor
