Wednesday, July 24 | 1:15 p.m. - 2:05 p.m. | Concurrent Session
Taxation of U.S. Partnerships with Foreign Partners
2 CPE for AFSP, EA, CFP®, CPA, CRTP
This course will teach attendees what has to happen within the partnership when one or more partners are foreign partners, including what documents are needed from a foreign partner and withholding requirements under §1446. Additionally, we will address the filing requirements for a partnership with a foreign partner.
Objectives
Upon completion of this session, you will be able to:
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Outline what documentation partnerships must obtain from foreign partners
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Summarize the withholding requirements for effectively connected income of foreign partners under §1446
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Identify the withholding requirements for FDAP income under Chapters 3 and 4, including the impact of treaty positions on these obligations
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Determine the withholding requirements under FIRPTA and §1446(f) upon transfers of partnership interests
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Summarize the impact of blocker corporations and other intermediate entities
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Interpret the partnership’s filing requirements
CPE information
Duration: 100 minutes
Course level: Advanced
Prerequisite: Strong understanding of partnership taxation
Advanced preparation: None
Delivery method: Group Live
