Final FDII (Section 250) Regulations (Completed)

Date: Monday, October 26, 2020
Instructor: Adnan Islam
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

This course will cover the new export tax incentive and planning opportunity only for C corporations that derive foreign revenue by serving foreign markets under Section 250, enacted by the Tax Cuts and Jobs Act (TCJA). U.S. tax professionals who wish to learn about: a summary and relevant overview of FDII; the Section 250, final FDII July 2020 regulations; and practice considerations for utilizing FDII tax deduction should take this course.

Who Should Attend
Experienced tax staff through tax director level interested in or already practicing international taxation.

Topics Covered

  • What is FDII?
  • FDII final regulations summary and highlights
  • Practical considerations for FDII planning

Learning Objectives

  • Identify the Section 250 FDII tax fundamental points created by the TCJA
  • Recognize the updates and differences to the Section 250 FDII July 2020 regulations
  • Recognize planning opportunities and practical considerations for the Section 250 FDII tax incentive

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Read IRC Section 250 and Form 8993 Instructions.

Advance Preparation
None

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