Mitigation of International Double Taxation Webinar

• Identify which foreign taxes are eligible for the foreign tax credit.
• Determine who is eligible to claim a foreign tax credit.
• Understand the effect of the Tax Cuts and Jobs Act of 2017 on claiming credit for foreign taxes imposed on international business income.
• Distinguish between and properly calculate the direct, indirect and "in lieu of" credit.
• Recognize the purpose and application of the foreign tax credit limitation and basket rules.
• Calculate the foreign earned income exclusion.
• Identify opportunities to maximize the creditability of foreign taxes.

• The changes to the double taxation rules resulting from the Tax Cuts and Jobs Act of 2017
• The direct, indirect and “in lieu of” foreign tax credit
• The foreign tax credit limitation and basket rules
• §911 Foreign Earned Income Exclusion