This is a continuation of the Practice Units page. To find years 2022 to 2020 see, Practice Units. Practice Units are available in Adobe PDF and must be viewed with the Acrobat Reader. Years 2019 2018 2017 2016 2015 2014 2019 Date Title Size 11-06-2019 Examining a Taxpayer Electing a Partial Disposition of a BuildingPDF 345KB 10-21-2019 Evaluation of Withholding Agent's Electronic Books and Records on Reliability of Forms W-8PDF 154KB 09-06-2019 French Foreign Tax CreditsPDF 126KB 07-31-2019 Source of Income for Nonresident Alien IndividualsPDF 133KB 06-13-2019 Allocation of Success-Based Fees in a Covered TransactionPDF) 187KB 05-10-2019 Transaction Costs in a Corporate SeparationPDF 275KB 04-30-2019 Shipping and Air Transport Article OverviewPDF 100KB 04-05-2019 Land Developers and Subcontractors -Proper Method of AccountingPDF 122KB 04-05-2019 Tax Home for Purposes of IRC Section 911PDF 79KB 03-21-2019 Competent Authority Revenue Procedure 2015-40 Guidance: Foreign-Initiated Adjustment(s)PDF 222KB 03-15-2019 Introduction to Traditional Automatic Exchange of InformationPDF 73KB 03-08-2019 Competent Authority Process Under a MAP Article of a U.S. Income Tax TreatyPDF 246KB 02-26-2019 Self-Employment Tax and PartnersPDF 122KB 01-29-2019 Creation of a Permanent Establishment (PE) through the Activities of a Dependent Agent in the United StatesPDF 162KB 01-29-2019 Preparatory and Auxiliary Treaty Exception to Permanent Establishment StatusPDF 120KB 2018 Date Title Size 11-05-2018 Identifying a Taxpayer Electing a Partial Disposition of a BuildingPDF 131KB 09-06-2018 Determining an Individual's Residency for Treaty PurposesPDF 320KB 07-18-2018 Examining a Transaction Costs IssuePDF 212KB 05-14-2018 ASC 730 Research and Development - How It Relates to IRC 41 and 174PDF 196KB 05-14-2018 ASC 730 Directive - Computing Qualified Research ExpensesPDF 297KB 05-14-2018 Disposition of Nonfunctional CurrencyPDF 221KB 04-30-2018 Losses Claimed in Excess of BasisPDF 457KB 04-30-2018 Examining the Qualifying Advanced Energy Project CreditPDF 222KB 04-17-2018 Exhaustion of Administrative RemediesPDF 174KB 04-12-2018 General Deductions of a Foreign Corporation Engaged in U.S. Trade or Business (Non Treaty)PDF 151KB 04-12-2018 Reduced Foreign Taxes Under Treaty ProvisionsPDF 104KB 03-08-2018 Valid Shareholder Debt Owed by S CorporationPDF 130KB 02-28-2018 Functional Currency of a QBUPDF 144KB 02-08-2018 Definition of Foreign Personal Holding Company Income and the Common ExceptionsPDF 160KB 02-02-2018 Adjustments to Debt BasisPDF 564KB 01-11-2018 Stock Basis Ordering RulesPDF 86KB 01-10-2018 U.S. Territories - Self-Employment TaxPDF 90KB 01-02-2018 Substantial Contribution Test for CFC Manufacturing ExceptionPDF 169KB 2017 Date Title Size 12-14-2017 Initial Stock BasisPDF 108KB 12-13-2017 Calculation of the IRC 956 InclusionPDF 316KB 12-07-2017 Employee Share of Employment Taxes - U.S. Citizens and Resident Aliens Working Abroad PDF 105KB 12-07-2017 U.S. Persons Residing Abroad Claiming Additional Child Tax Credit PDF 152KB 11-21-2017 Common Ownership or Control Under IRC 482 - InboundPDF 191KB 11-21-2017 Common Ownership or Control Under IRC 482 - OutboundPDF 205KB 11-20-2017 Adjustments to Stock BasisPDF 186KB 11-06-2017 Advance Pricing Agreement for Tangible Goods Transactions –InboundPDF 386KB 11-06-2017 Advance Pricing Agreement for Tangible Goods Transactions –OutboundPDF 319KB 10-19-2017 Overview of Withholding Under FIRPTA for Sales by IndividualsPDF 151KB 10-17-2017 Overview of Entity Classification Regulations (a/k/a Check-the-Box)PDF 186KB 10-17-2017 U.S. Real Property Holding Corporations - USRPHC StatusPDF 136KB 10-10-2017 Failure to File the Form 5471 – Category 2 and 3 Filers – Monetary PenaltyPDF 259KB 09-15-2017 Competent Authority Revenue Procedure 2015-40 Guidance: U.S.-Initiated Adjustment(s)PDF 325KB 09-15-2017 High Value Services: Technical and Marketing Fees – InboundPDF 261KB 09-14-2017 Creditable Foreign TaxesPDF 117KB 09-14-2017 Sourcing of IncomePDF 253KB 09-14-2017 Verifying Refund Requests of IRC 1441 Withholding on FDAP IncomePDF 242KB 06-16-2017 The Meaning of "Substantially Complete" with Reference to International Information Return PenaltiesPDF 144KB 06-06-2017 Functional Currency DeterminationPDF 118KB 04-24-2017 Physical Presence Test for Purposes of Qualifying for IRC 911 Tax BenefitsPDF 173KB 04-11-2017 FTC General PrinciplesPDF 138KB 03-01-2017 Summary of Foreign and Domestic Loss Impacts on the Foreign Tax CreditPDF 185KB 02-14-2017 Hedge Fund BasicsPDF 179KB 02-14-2017 Monetary Penalties for Failure to Timely File a Complete and Accurate Form 8865 – Category 1 & 2 FilersPDF 277KB 01-31-2017 Basket TransactionsPDF 194KB 01-30-2017 Exchange Gains/Losses on Payables and Receivables Denominated in a Nonfunctional CurrencyPDF 164KB 01-30-2017 Sourcing of Exchange Gains or Losses in Currency TransactionsPDF 120KB 01-30-2017 How to Assess Penalties for Failure to File Form 8886 Disclosing IRC 988 lossesPDF 191KB 01-30-2017 Using an IRC 6038A Summons when a U.S. Corporation is 25% Foreign OwnedPDF 437KB 01-04-2017 IRC 367(d) Transactions in Conjunction with Cost Sharing Arrangements (CSA)PDF 386KB 2016 Date Title Size 11-14-2016 Self-Employment Taxes - U.S. Citizens and Resident Aliens Working AbroadPDF 114KB 11-08-2016 Portfolio Debt Exemption – Requirements and ExceptionsPDF 223KB 10-13-2016 Identifying Foreign Goodwill or Going ConcernPDF 544KB 09-23-2016 Sourcing of Multi-Year Compensation Arrangements Including Stock Options for FTC LimitationPDF 139KB 09-23-2016 Comparison of the Arm's Length Standard with Other Valuation Approaches – OutboundPDF 117KB 09-23-2016 Comparison of the Arm's Length Standard with Other Valuation Approaches – InboundPDF 116KB 08-19-2016 Calculating Foreign Earned Income Exclusion – Partner in a Partnership with Foreign Earned IncomePDF 311KB 08-19-2016 Foreign Housing Deduction (IRC 911)PDF 255KB 07-20-2016 Overview of Qualified Business Units (QBUs)PDF 460KB 07-20-2016 Overview of IRC Section 988 Nonfunctional Currency TransactionsPDF 525KB 07-20-2016 Character of Exchange Gain or Loss on Currency TransactionsPDF 175KB 07-15-2016 FDAP Payments – Source of IncomePDF 115KB 07-08-2016 Foreign Housing Exclusion (IRC § 911)PDF 240KB 07-05-2016 Corporate Inversions - Overview of Major IssuesPDF 292KB 06-14-2016 Failure to File the Form 926 – Return by a U.S. Transferor of Property to a Foreign Corporation – Monetary PenaltyPDF 398KB 06-02-2016 FDAP Withholding Under Chapter 3PDF 260KB 05-12-2016 Taxpayer's Affirmative Use of IRC 482PDF 214KB 04-06-2016 Three Requirements of IRC 482PDF 246KB 03-18-2016 Inbound Resale Price Method Routine DistributorPDF 264KB 03-18-2016 Computing Foreign Base Company Income for US Individual ShareholdersPDF 185KB 03-17-2016 Concepts of Foreign Personal Holding Company IncomePDF 157KB 03-17-2016 Verifying Refund Request of IRC 1445 Withholding on Dispositions of U.S. Real Property InterestsPDF 265KB 03-14-2016 Interest Expense Limitation Computation under §163(j) – Pre-TCJAPDF 354KB 03-09-2016 Allocation and Apportionment of Deductions for Nonresident Alien IndividualsPDF 3,732KB 03-09-2016 FDAP IncomePDF 322KB 03-07-2016 Residual Profit Split Method - OutboundPDF 395KB 03-04-2016 Review of Transfer Pricing Documentation by *Outbound TaxpayersPDF 529KB 03-04-2016 Outbound Services by US Companies to CFCsPDF 247KB 02-19-2016 Outbound Transfer of Foreign Stock Followed by Check-The-Box ElectionPDF 351KB 02-19-2016 Residual Profit Split Method - InboundPDF 381KB 02-19-2016 Revenue Procedure 99-32 Inbound GuidancePDF 443KB 02-19-2016 Interest Expense of a Foreign Corporation Engaged in a U.S. Trade/Business (Non-Bank, Non-Treaty)PDF 291KB 02-19-2016 Gross Effectively Connected Income (ECI) of a Foreign Corporation (Non-Treaty)PDF 225KB 02-19-2016 Interest Expense of US Branch of a Foreign Bank Non-TreatyPDF 254KB 02-19-2016 Calculating the Net Adjustment Penalty for a Substantial Valuation MisstatementPDF 330KB 02-12-2016 Non-Services FDAP IncomePDF 300KB 02-08-2016 Outbound Transfer of Domestic StockPDF 325KB 02-08-2016 Pricing of Platform Contribution Transaction (PCT) in Cost Sharing Arrangements (CSA) Acquisition of Subsequent IPPDF 334KB 02-04-2016 Outbound Transfer of Foreign StockPDF 417KB 02-04-2016 Change in Participation in a Cost Sharing Arrangement (CSA) – Controlled Transfer of Interest and Capability VariationPDF 411KB 01-21-2016 Concepts of Foreign Base Company Sales IncomePDF 418KB 01-20-2016 Overview of Exchange of Information ProgramsPDF 137KB 01-20-2016 Types of EOI ExchangesPDF 152KB 01-20-2016 Field Procedures for Handling Foreign Initiated "Specific" Requests under EOI AgreementsPDF 189KB 2015 Date Title Size 12-01-2015 Basic Offshore Structures Used to Conceal U.S. Person's Beneficial Ownership of Foreign Financial Accounts and Other AssetsPDF 372KB 12-01-2015 Defining the Entity – Foreign TrustsPDF 453KB 12-01-2015 Foreign Grantor Trust Determination – Part II – Sections 671-678PDF 675KB 12-01-2015 Foreign Grantor Trust Determinations – Part I – Section 679PDF 673KB 11-23-2015 Failure to File the Form 3520/3520-A - PenaltiesPDF 210KB 11-23-2015 Failure to File the Form 8865 – Category 1 and 2 Filers – Monetary PenaltyPDF 308KB 11-23-2015 Foreign Partnership – TaxationPDF 289KB 11-13-2015 Overview of Subpart F Income for U.S. Individual ShareholdersPDF 265KB 11-12-2015 Failure to File the Form 5471 – Category 4 and 5 Filers – Monetary PenaltyPDF 335KB 11-12-2015 Determination of U.S. Shareholder and CFC StatusPDF 245KB 11-04-2015 License of Intangible Property from U.S. Parent to a Foreign SubsidiaryPDF 268KB 11-04-2015 Deemed Annual Royalty Income Under IRC 367(d)PDF 321KB 10-29-2015 Definition of Appropriate Exchange Rate OverviewPDF 184KB 10-29-2015 Sale by CFC to Unrelated Parties of Products Manufactured by BranchPDF 225KB 10-29-2015 Identification of a U.S. Trade or Business of a Nonresident AlienPDF 199KB 10-29-2015 Conducting Functional Analysis for Foreign Base Company Income (FBCI)PDF 168KB 10-29-2015 Concepts of Foreign Base Company Services IncomePDF 200KB 10-29-2015 Branch Rules for Foreign Base Company Sales IncomePDF 222KB 10-29-2015 Branch Sales to Unrelated Parties of Products Manufactured by CFCPDF 216KB 10-22-2015 Monetary Penalties for Failure to Timely File a Substantially Complete Form 5471 --Category 4 & 5 FilersPDF 454KB 10-22-2015 Using an Authorization of Agent when a US Corporation is 25% Foreign OwnedPDF 400KB 10-22-2015 Using Alternative Means to Obtain Foreign Based EvidencePDF 338KB 10-01-2015 Treaty Exemption of Income from TeachingPDF 348KB 09-10-2015 Inbound Liquidation of a Foreign Corporation into a U.S. Corporate ShareholderPDF 421KB 09-09-2015 Accounting for Intangibles and Services Associated with the Sale of Tangible Property - OutboundPDF 371KB 08-28-2015 Foreign-To-Foreign Transactions – IRC 367(b) OverviewPDF 457KB 08-28-2015 Overview of IRC 482PDF 485KB 08-21-2015 Short Term Loan Exclusion from United States PropertyPDF 350KB 08-21-2015 Bona Fide Residence Test for Purposes of Qualifying for IRC § 911 Tax BenefitsPDF 187KB 08-21-2015 Calculating Foreign Earned Income Exclusion -Self-Employed IndividualPDF 188KB 08-21-2015 Sourcing of Fringe Benefits for FTC LimitationPDF 316KB 08-21-2015 U.S. Territories – Determining Bona Fide Residency StatusPDF 275KB 08-21-2015 Sourcing of Salary and CompensationPDF 278KB 08-21-2015 Calculating Foreign Earned Income Exclusion -EmployeePDF 174KB 08-21-2015 Payee Documentation for Treaty BenefitsPDF 360KB 08-21-2015 Effectively Connected Income (ECI)PDF 183KB 08-04-2015 Branch-Level Interest Tax ConceptsPDF 776KB 07-17-2015 CFC Purchased From Related Party with Same Country SalesPDF 250KB 07-17-2015 CFC Sale to Related Party With Same Country Unrelated Party ManufacturingPDF 246KB 2014 Date Title Size 12-15-2014 Interest Income Derived by CFC or QBU Engaged in Banking Financing or Similar BusinessPDF 548KB 12-15-2014 Computing Foreign Base Company IncomePDF 287KB 12-15-2014 Subpart F OverviewPDF 279KB 12-15-2014 Disposition of a Portion of an Integrated HedgePDF 430KB 12-15-2014 Asset Valuation using the FMV Method for Interest Expense Allocation to Calculate FTC LimitationPDF 350KB 12-15-2014 Exhaustion of RemediesPDF 566KB 12-15-2014 Exhaustion of Remedies and Transfer PricingPDF 611KB 12-15-2014 Exhaustion of Remedies in Non Transfer Pricing SituationsPDF 632KB 12-15-2014 How to Allocate and Apportion Research and Experimental ExpensesPDF 216KB 12-15-2014 Issuing a Formal Document Request when a US Taxpayer is Unresponsive to an IDRPDF 503KB 12-15-2014 Section 861 Home Office and Stewardship ExpensesPDF 374KB 12-15-2014 License of Foreign Owned Intangible Property by US EntityPDF 334KB 12-15-2014 Management FeesPDF 331KB 12-15-2014 Purchase of Tangible Goods from a Foreign Parent CUP MethodPDF 711KB 12-15-2014 CPM Simple Distributor InboundPDF 354KB 12-15-2014 Foreign Shareholder Activities and Duplicative ServicesPDF 511KB 12-15-2014 Best Method Determination for an Inbound DistributorPDF 567KB 12-15-2014 Services Cost Method Inbound ServicesPDF 293KB 12-15-2014 Arms Length StandardPDF 600KB 12-15-2014 Outbound Liquidation of US Corp to Foreign Parent IRC Section 367 e 2 OverviewPDF 1,038KB 12-15-2014 Comparability Analysis for Tangible Goods Transactions InboundPDF 541KB 12-15-2014 Review of Transfer Pricing Documentation by Inbound TaxpayersPDF 454KB 12-15-2014 Pricing of Platform Contribution Transaction in Cost Sharing Arrangements Initial TransactionPDF 478KB 12-15-2014 Cost Sharing Arrangements vs Licensing AlternativePDF 442KB 12-15-2014 Distinguishing Between Sale License and other Transfers of Intangibles to CFCs by US TransferorsPDF 509KB 12-15-2014 Sale of Tangible Goods from a CFC to a USP CUP MethodPDF 360KB 12-15-2014 CPM Simple Distributor OutboundPDF 534KB 12-15-2014 Revenue Procedure 99-32 Outbound GuidancePDF 707KB 12-15-2014 Outbound Transfers of Property to Foreign Corporation - IRC Section 367 OverviewPDF 788KB 12-15-2014 Dual Consolidated Losses OverviewPDF 838KB 12-15-2014 Comparability Analysis for Tangible Goods Transactions OutboundPDF 435KB 12-15-2014 Determining Tax Residency Status of Lawful Permanent ResidentsPDF 450KB 12-15-2014 Substantial Presence TestPDF 498KB 12-15-2014 Election under Section 6013gPDF 348KB 12-15-2014 Election under Section 6013hPDF 434KB 12-15-2014 First Year Election under 7701b4PDF 471KB 12-15-2014 IRC 911 Election and RevocationPDF 100KB 12-15-2014 Branch Profits Tax ConceptsPDF 543KB 12-15-2014 Qualification for Treaty Benefits under the Publicly Traded TestPDF 608KB 12-15-2014 Creation of a Permanent Establishment through the Activities of Seconded Employees in the United StatesPDF 702KB 12-15-2014 Overview of FDAPPDF 306KB
