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Almanza CPA Firm, LLC

International Tax advisory and Compliance

Contact Us (210) 272-9793

Taxation of US Person’s Foreign Activities(Individuals or US entities)

  • Foreign Tax Credits 
  • Subpart F inclusions 
  • Passive Foreign Investment Companies 
  • High Tax Exemption vs Participation Exemption 
  • Source of income rules guidance 
  • Planning for foreign operations 
  • Determinants of foreign country taxation 
  • Structuring the foreign operation 
  • Operations in high-tax foreign countries 
  • Operations inlow-taxforeigncountries 
  • Common Issues to Outbound and Inbound activities 
  • Transfer pricing 
  • Income tax treaties 

Taxation of Foreign Person’s US Activities:Foreign Persons investing in the U.S. (FDAP income)

  • Overview of U.S. system for taxing foreign persons 
  • Withholding on the income of foreign persons in the U.S. 
  • Procedures on the FATCA and FDAP regimes 
  • Taxation and withholding on the sale of U.S. real property- FIRPTA 
  • Definition and applicability of US tax residentrules 
  • Source of income rules guidance 
  • Tax treaties and limitations on benefits 
  • Sec. 367 – Outbound, Inbound, and Foreign-to-Foreign Transfers of Property 

Taxation of Foreign Person’s US Activities:Foreign Persons doing business in the US (ECI Income)

  • Overview of U.S. system for taxing foreign persons 
  • Withholding on the income of foreign persons in the U.S. 
  • Definition and applicability of US taxresidentrules 
  • Source of income rules guidance 
  • Taxation of effectively connected income with U.S. trade or business 
  • Branch taxes (applies toforeigncorporations only) 
  • Anti-earnings stripping provisions 
  • Tax treaties and limitations on benefits 
  • Sec. 367 – Outbound, Inbound, and Foreign-to-Foreign Transfers of Property