U.S. Taxation of International Operations quickly illustrates tax saving opportunities available to U.S. companies operating abroad. In more than 1,700 pages of practice proven tax saving strategies, this guide will help you to immediately improve your company or clients’ profitability.

Our expert authors show you how U.S. citizens, corporations, resident and nonresident aliens, and foreign-owned businesses can use the U.S. tax law to their best advantage.

Coverage includes:

• Structuring foreign sales
• Effectively connected income
• Foreign tax credits
• U.S. Income Tax treaties
• Portfolio interest exemption
• Passive foreign investment companies

You'll see how to:

• Make the tax-wise choice when deciding to operate as a foreign sales corporation, a foreign branch operation, a possessions corporation or a controlled foreign corporation
• Gain insight into the IRS's audit procedures used to examine intercompany transfer pricing arrangements
• Take advantage of potential zero-tax operations in the Pacific Rim
• Ease financial burdens of U.S. expatriates with various tax reimbursement plans
• Avoid the tax traps of owning shares in a passive foreign investment company
• Gain access to new sources of foreign capital while navigating complex U.S. regulations
• Learn the new recordkeeping and information reporting rules for foreign corporations