This session, from TEI’s 2025 International Tax Course, provides tax professionals with a foundational understanding of the U.S. tax rules affecting foreign companies operating in the United States. Participants will explore key tax considerations, income characterization rules, and compliance requirements for nonresident companies.
Learning Outcomes
- Identify the types of foreign taxes that qualify for a U.S. foreign tax credit.
- Understand key limitations and rules governing the amount of foreign tax credit a U.S. person can claim.
- Analyze the impact of the Tax Cuts & Jobs Act and other legislative changes on claiming foreign tax credits.
Who Should Attend
This session is designed for tax professionals involved in international tax matters, those transitioning to a new tax practice area within their company, or those taking on new responsibilities, including tax advisors, corporate tax professionals, CPAs, tax managers, and international tax lawyers. It will benefit professionals seeking a foundational understanding of the rules governing the U.S. foreign tax credit.
Instructor(s)
Jonathan Lockhart, Partner, McDermott Will & Emery LLP
Elizabeth Lu, Partner, McDermott Will & Emery LLP
General Session Information
Access
Online, upon completion of the checkout process, you will be directed to our Learning Management System (LMS) for access to the session.
For member pricing, please login to tei.org
This is a digital product. With full paid access, the content will be available for one year after the purchase date.
CPE Credits
This digital product is not eligible for Continuing Professional Education (CPE) credit and includes the recording from the 2025 in-person session and the corresponding PowerPoint slides.
Length of Session
The session will take approximately 2.0 hours to complete.
NASBA Field of Study
Taxes
Level
Basic
Prerequisites
None
For more information, please refer to CPE requirements and NASBA sponsorship information.
Terms & Conditions
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