Program Objective

• Provide the basic knowledge and fundamental processes required of tax professionals to accurately prepare Forms 5471, 8865, 8858 and 1118 using Best Practice approach.
• Offer Best Practices processes for the computation, documentation, and maintenance of historical tax attributes while providing complete transparency.
• Present the basic concepts of international tax compliance rules with an understanding of its interactions.
• Provide firm understanding of how the international tax calculations impact U.S, tax liability.
• Give hands-on experience in how to produce management level reports.
• Provide control sheets that can be used in any company as review/control tools.
• Promote interactive and open participation among instructors and participants.
• Offers hands-on experience in using tax compliance software.

Registration Dates

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Date	Location	Title	Click to register
No more International Compliance Basics classes are scheduled for this year. Check back soon for updates and next year’s schedule.

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No advance preparations or prerequisites are required.

Laptop Computers

In order to best experience this hands-on training, bring your own laptop

Attire

Business Casual is appropriate dress for the training course. Since it is sometimes difficult to adjust the temperature in the classroom to everyone's liking, we suggest you dress in "layers."

Fee

Course fees are payable at the time of registration and include tuition; training materials; and continental breakfast and lunch each day. Travel, hotel, and dinner expenses are the responsibility of each participant. However, hotel information will be provided upon registration.

• one individual - $1,300
• two to four individuals - $1,200 per person
• five or more individuals - $1,100 per person

Payment

Payments may be made by check (payable to Tax Technologies, Inc., Federal Tax ID# 22-36840-49), Visa or MasterCard. We apologize but our instructors cannot accept payment during the scheduled class time. Questions regarding your training class payment can be directed to Tax Technologies, Inc. at (678) 574-2160, extension 1708

Cancellation/Refund Policy

Once registered, refunds will not be granted. If you are unable to attend, you may choose a substitute to attend in your place or, for a $200 change fee, you may attend a future Tax Technologies, Inc. training course of equal value

For comments concerning this class, please contact us

Each of these scheduled courses will be taught by individuals who are involved in the design and use of the provision software package on a day-to-day basis. These instructors also have a strong FAS 109 background and can address real-life issues faced by tax departments as well as provide the most effective solutions for these issues provided by Tax Series to help users visualize the efficiencies gained using a tax software package.

Agenda

Day 1			Day 2
8:30AM	Registration and light breakfast		8:30AM	Registration and light breakfast
9:20AM	Controlled Foreign Corporation computing earnings and profit Characterizing earnngs and profits Understanding earnings and profits pools		9:00AM	Form 5471 Preparation Review and Diagnostic points Elections and statements eFiling status Management\Planner reports 5471 exercise
10:10AM	Eanings and Profits exercise		10:30AM	Foreign tax rule overview and foreign source income
10:45AM	allocation and apportionment of expenses		11:30AM	Income sourcing/exercise
12:00PM	Lunch		12:00PM	Lunch
1:00PM	Maintenace of tax pools		1:00PM	Allocation and apportionment of expenses/exercise
1:30PM	Other issues Impact of reorginizations Data collection Functional currency change impact		2:30PM	Foreign tax credit Availability Characterization rules Computational rules
1:45PM	Earnings and Profits exercise		3:10PM	Foreign tax credit exercise
2:15PM	Subpart F income Characterization rules/exercise Computational rules		4:00PM	Form 1118 preparation Form 1118 exercise
3:45PM	Actual distributons Income Characterization Distribution ordering/exercise		5:00PM	Other international compliance considerations
4:30PM	Section 956 Investment in US Property Calculation order/exercise		5:30PM	Conclusion of day two
5:45PM	Conclusion of day one