The American Institute of CPAs has introduced a U.S. International Tax Certificate Program that aims to give accounting and finance professionals added skills to navigate the vagaries of international tax compliance and planning.
The program includes training in how to distinguish between various types of global tax systems, and recognize the choice of entity considerations and U.S. income sourcing rules. Participants will also receive information about how to identify some basic principles of inbound and outbound taxation and the tax-generating transactions of each, and recognize how the Tax Cuts and Jobs Act has affected international taxation.
The AICPA is targeting the program at three different groups: CPAs or consultants serving U.S.-based multinational entities; accounting and finance staff in business and industry seeking to understand international tax concepts to make more informed business decisions; and public accounting firms that either currently serve or plan to serve multinational entities.
The program promises to help participants identify international tax issues and provide appropriate solutions for clients, and equip them with the skills needed to operate your business on a global scale
The U.S. International Tax Certificate is a three-part series, including U.S. International Tax: Core Concepts, U.S. International Tax: Inbound and Outbound Transactions, and U.S. International Tax: Advanced Issues.
When they complete each of the three sections, participants will be awarded a digital badge. Once they get all three digital badges, they will be awarded the U.S. International Tax Certificate.
For more information,