International Taxation in America, Chapter Three-Tax Planning with Offshore Trusts and Foreign Corporations (International Taxation in America, 2012 Edition) by Brian Dooley

Description

International Taxation in America presents the most complete and indispensible guide to international taxation available in today's market. Author Brian Dooley, CPA, is a seasoned tax researcher and specialist in international tax and is among the very few experts who have experienced hundreds of international tax audits without a loss. 
Only this book includes hundreds of links to advance international tax information.  The book is written to take advantage of the new Kindle Fire and the Kindle app on the I-pad.
Covering international taxation for businesses, the taxation of shareholders of foreign corporations, foreign tax credits, cross-border estate planning, and much more, Dooley offers meticulous research and clear explanations of hundreds of international tax-related issues. Whether the subject is tax haven corporations and trusts, reducing taxes through tax treaties, learning how Americans are taxed abroad, or estate planning for multi-national families, Dooley explains the subject in thorough and clear language. International Taxation in America provides valuable lessons for your enrichment, including useful links to help guide you online. You'll receive the level of information and expertise required to avoid mistakes and IRS scrutiny.The book includes a link to Brian Dooley's private tax research site.  Using a “Custom Google” license, his site includes more than 250,000 pages of internal IRS international tax information.  Chapter Three gets explains the law of controlled foreign corporations (CFC) and foreign passive investment companies (PFIC). This is sometimes named “outbound tax planning.” No other foreign tax book contains the material in Chapter Three.

Controlled foreign corporation tax law is considered by many as the most complex of all American laws.  Yet, Dooley wrote the text in clear terms.   By using hyperlinks along with the text covering the basics the book provides  instant access to a more my advanced tax law explanation and up to date changes in the tax laws.

About the Author

Brian Dooley, CPA, MBT has been specializing in offshore taxation since 1974. He has helped numerous accountants and attorneys serve a broad range of individual and business clients in various international tax and estate planning matters.

Also, he has on nine occasions offered expert witness testimony before the U.S. Department of Treasury and the U.S. House of Representatives on issues related to foreign investments, foreign trusts and private annuities. His experience includes:

* Obtaining private letter rulings and voluntary disclosure agreements from the IRS * Resolving (on an anonymous basis) undisclosed cross-border tax issues with the IRS * Advising attorneys and CPA's, since 1976, on 100's of international tax audits and IRS agreements, * Developing tax-efficient international estate plans * Implementing strategies that minimize cross-border taxes

Expertise

Brian's forte is obtaining written IRS rulings on tax planning strategies to guarantee savings. He also excels in counseling chartered accountants, CPAs and attorneys in international tax law. He is highly skilled in using the IRS tax-amnesty program, private letter rulings, foreign business tax credits and offshore trusts to help clients:

* Achieve their international tax and estate planning objectives * Protect themselves from audits, penalties and unpleasant tax surprises * Avoid IRS tax controversy * Set up captive insurance companies * Deal with foreign inheritances * Immigrate into the United States or open a U.S. office for a foreign company

Publications

* Estate Planning with a Foreign Trust * Contributing author to Taxation of International Transactions, edited by Matthew Bender

Involvements

* American Institute of Certified Public Accountants, Member * California Society of Certified Public Accountants, Member

Education

Bachelor of Science in Accounting and Masters in Business Taxation from the University of Southern California.