Introduction to United States International Taxation

Tax practitioners outside the United States whose clients have activities in the country generally rely on their U.S. tax advisors for technical advice on the U.S. tax aspects of their clients' transactions. In order to position themselves to evaluate the advice received and to relate it to their own tax systems, however, foreign tax advisors must place the material they receive from their U.S. counterparts within the overall structure of the U.S. international tax system. Introduction to United States International Taxation provides the structural framework within which a U.S. tax problem can be placed. Now in its fourth edition, this reliable resource presents the basic principles and rules of the U.S. international tax system in a concise, manageable form. Without becoming mired in technical detail, Introduction to United States International Taxation provides an overview of the principles adopted by the United States in taxing U.S. or foreign individuals and corporations as they invest, work, or carry on a trade or business in the United States or abroad. The inclusion of or reference to many key primary source documents enhances the usefulness of Introduction to United States International Taxation. These include: + Internal Revenue Code provisions under discussion, + the more important Treasury Regulations issued interpreting the statutory rules, + significant administrative announcements of the Internal Revenue Service (Revenue Rulings and Revenue Procedures), and + illustrative principal cases. Readers will appreciate the self-contained nature of the text; reference to footnoted sources is not required. On the other hand, the footnotes point out additional sources of information for practitioners and academics seeking greater technical detail. Offering a one-stop resource for anyone dealing with U.S. tax issues, Introduction to United States International Taxation has become a popular, frequently turned-to reference work.