All Aboard for the Outbound Taxation Express

While there has been talk about moving the U.S. tax regime to a territorial tax system, the existing system continues to tax citizens and residents on worldwide income and is very complex and intricate. In addition to the ordinary income tax rules and concepts, the taxation of international activities brings with it additional issues and complexities, such as sourcing and potential foreign tax credits to mitigate the possibility of double taxation.

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Related Content 

• Outbound Investment: Tax Consequences for U.S. Investors Acquiring Stock or Debt Instruments of Foreign Issuers
  Learn more about how U.S. investors should consider potential tax issues when investing in foreign securities. Many of these potential issues involve the same concerns that arise when making similar investments in U.S. issuers, but some are due to the unique tax regimes that apply to foreign investing. 

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