International Taxation in the US

This subject provides an overview of United States (US) income tax rules for cross-border investments, transactions, and other activities, with specific relevance for Australians investing into the US and for US persons investing into Australia. The subject will incorporate the latest developments in United States international tax rules, including the 2017 provisions of the Tax Cuts and Jobs Act. It will examine rules, regulations, and administrative practices with an emphasis on case decisions new statutory provisions relating to taxation of foreign persons in the US, taxation of US persons investing abroad, the foreign tax credit, controlled foreign corporations, transfer pricing, and US income tax treaties.