Introduction to International Tax | U.S. Taxation

International taxation is about jurisdiction; in which country will the company's income be taxed?
International tax issues can be placed into two groups:
(1) outbound taxation (when the U.S. government taxes foreign-source income of U.S. taxpayers)
(2) inbound taxation (when the U.S. government taxes U.S.-source income of foreign taxpayers
Income is usually taxed where it is sourced, although there are multiple exceptions.
To avoid taxes, companies try to shift income from high-tax countries to low-tax countries. To prevent companies from doing this, the U.S. Congress has enacted several provisions:
(a) base erosion anti-abuse tax (BEAT)
(b) Subpart F income (controlled foreign corporations)
(c) global intangible low-taxed income (GILTI)-
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[@menglanbai7212]

can you share more on the international tax topic? it's so complicated and your videos are so helpful

[@roset3887]

Love this topic thank you

[@Edspira]

Glad you enjoyed it!

[@princejag]

I understood your example which it refers to....

[@vaishnavikamath4327]

This is great!! Thanks for this. Hope more is on the way 🙂

[@MaxPicAxe]

This is interesting!

[@Edspira]

😀