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

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