Course Description:
The Tax Cuts and Jobs Act brought many changes to U.S. taxpayers, including those who are shareholders in certain foreign corporations. One major change involves Global Intangible Low-Taxed Income (GILTI), which requires U.S. shareholders to include certain income of foreign corporations in U.S. taxable income, regardless of whether cash is distributed. As a result of the new law, U.S. compliance related to foreign corporations has become significantly more complex. Additionally, the GILTI regime creates planning opportunities for both corporations and individuals that can significantly lower U.S. tax liabilities.

Learning Objectives:

• Review the GILTI calculation and recent IRS guidance
• Compare the GILTI tax effect on individuals and corporations
• Discuss various structuring and planning opportunities

Presenter:
Aaron Boyer, CPA, Senior Manager, Eide Bailly
Aaron has over ten years of accounting and tax experience spanning a variety of industries. He helps individuals and companies lower their tax rate, both in the U.S. and abroad. Aaron also assists both businesses and individuals with determining and completing required tax filings. In addition, Aaron connects U.S. taxpayers to non-U.S. tax advisors in the HLB network affiliation and works closely with such advisors to ensure effective tax planning and compliance.

CPE Information
CPE Credit: 1
Field of Study: Tax
Level of Knowledge: Update
Delivery Method: Group-Internet Based

Additional Information: This is a Group-Internet Based Webinar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Amy DeGeorge.