Pracitical Guide to U.S. Tax- ation of International Transactions

This book provides the reader with a practical command of the basic concepts and issues surrounding U.S. taxation of international transations, with an emphasis on those areas of international taxation generally deemed to be essential to tax practitioners. This new edition has been completely updated to reflect important developments since publication of the last edition. International practice and procedure, e-commerce tax issues and the latest developments on the extraterratorial income exclusion are given special attention. A new chapter on tax planning for U.S. operations of foreign taxpayers has been added as a counterpart to the current chapter on planning for foreign operations. New withholding regulations are also covered. Even with increased coverage, the book maintains its initial mission of providing a well-written and concise explanation of the subject that is accessible to all those who toil over U.S. international tax issues. This book is an indispenable reference guide for all those involved international taxation.