International Taxation: This course surveys the U.S. income tax on foreign-earned income. The taxation methods of other countries are also examined. Prerequisite: TXX 5762.

( GMP 5762 OR TXX 5762 )

Learning Outcomes
The U.S. taxation of international transactions and the impact on multinational businesses will be examined. In addition, we will be discussing various topics based on articles that will be handed out as well as relating current developments to the overall tax policies of the current administration and Congress.
There will be an overview of the tax laws of other nations. It will survey how those nations tax their corporations, individuals, and non-residents. Also, other significant taxes, the treatment of capital gains, dividends, and depreciation, by each nation, will be discussed.

By the end of this course, the student should be able to:
1) Discuss how sources of income and deductions affect the taxation of international transactions.
2) Explain how the United States approaches the taxation of foreign individuals and entities and contrast that approach with the approaches of other countries.
3) Identify the methods by which businesses organized in the United States conduct their businesses in foreign countries.
4) Understand the concept of transfer pricing and explain the affect of transfer pricing on international taxation. Discuss how deferral of taxation of certain transactions can be accomplished and how such deferrals affect international taxation.
5) Explain the tax structure that allows credit to U. S. taxpayers for taxes paid to foreign governments.
6) Identify various tax treaties and discuss the purpose and impact of those tax treaties.

1. Required Materials


1. Textbooks

International Income Taxation: Code and Regulations 2009-2010 - 2009
Pugh, Richard Crawford
Commerce Clearing House
ISBN: 9780808018643

Notes: Textbooks may be purchased from the NSU Bookstore by calling 1-800-509-2665 or online at www.nsubooks.bkstore.com.

A Practical Guide to US Taxation of International Transactions - 7.Edition - 2009
Schadewald, M.S., Misey, Jr, R.J.
Commerce Clearing House
ISBN: 9780808021704

Notes: Textbooks may be purchased from the NSU Bookstore by calling 1-800-509-2665 or online at www.nsubooks.bkstore.com.


APA Manual
Effective October 1^st 2009, the 6th edition of the APA Manual is required for all courses.

NSU Bookstore
Textbooks and Case Studies may be purchased from the NSU Bookstore (located in the University Park Plaza) by calling 1-800-509-2665 or online at http://www.nsubooks.bkstore.com.



2. Recommended Materials

Fundamentals of International Taxation, 2002 Edition, by Boris I. Bittker and Lawrence Lokken (Warren, Gorham & Lamont Publishers), ISBN 0-7913-4613-7.

The NSU libraries comprise the Alvin Sherman Library, Research, and Information Technology Center, East Campus Branch Library, Health Professions Division Library, Law Library and Technology Center, North Miami Beach Branch Library, University School Library Media Centers, and the William S. Richardson Ocean Science Library. Students are strongly encouraged to visit one of the physical locations and/or take advantage of the vast electronic library available for research. For more information, please visit http://www.nova.edu/library.

Please note that all required and recommended materials should be referenced in APA style.