A Practical Guide to U.S. Taxation of International Transactions

By Sandorfy, Deborah | The CPA Journal, May 2001 | Go to article overview

A Practical Guide to U.S. Taxation of International Transactions


Sandorfy, Deborah, The CPA Journal


News & Views

BOOK Reviews

A PRACTICAL GUIDE TO U.S. TAXATION OF INTERNATIONAL TRANSACTIONS

By Robert E Meldman and Michael S Schadewald

Published by CCH and Kluwer Law International; 499 pages

Reviewed by Deborah Sandorfy

With global commerce no longer merely an emerging area in the financial world, accountants need to be aware of the tax ramifications of international transactions. Practitioners must have access to clear and concise information about new areas they encounter or a quick reference for familiar issues. Authors Meldman and Schadewald set out to provide practitioners in the international tax arena a desk reference that provides a practical command of the tax issues and how those issues are resolved, and they have done an excellent job.

This volume essentially covers the areas of international taxation common to U.S.-based tax practice, and it is more useful as a reference guide than as a text for straight reading. The book first introduces two fundamental principles of international taxation (tax jurisdiction and source of income rules), then details various aspects of both outbound and inbound transactions. The next part deals with practice and procedure, and another section reproduces relevant IRS forms and publications and the U.S. model treaty.

The main text covers diverse topics thoroughly yet concisely, containing helpful footnotes to both the IRC and the CFR. The outbound section includes topics that are the bread and butter of expatriates, such as foreign tax credits, transfer pricing, and tax treaties; it also covers Subpart F, Planning for Foreign Operations and Currency Translation. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

A Practical Guide to U.S. Taxation of International Transactions
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.