Oreign Persons Trade / Business and U.S.-Sourced Income

Assignment 2: Foreign Persons Trade / Business and U.S.-Sourced Income



Due Week 4 and worth 200 points

Imagine you are a CPA working as a tax professional. A foreign client engages you to determine how best for them to invest in a U.S. startup company that plans to sell automobile parts. The clienti??s objective is to avoid or minimize any U.S. taxes that the foreign investor may incur. Assume that the client is forming this corporation with several other U.S. citizens.

Using the Internet or Strayer databases, research the rules related to foreign persons investing in U.S. companies and any tax implications for the foreign investor.

Write a three to four (3-4) page paper in which you:

1.Based on your research, determine at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely. Provide support for the rationale.
2.Based on your research, evaluate at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes. Provide support for the evaluation.
3.Recommend the most advantageous type of investment strategy that your client should take when investing in this U.S. company and make recommendations for avoiding or eliminating taxes on the clienti??s U.S.-sourced income from the investment. Support the recommendations with examples.
4.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:

i??Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
i??Include a cover page containing the title of the assignment, the studenti??s name, the professori??s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:

i??Analyze how foreign persons are taxed on income generated in the U.S.
i??Use technology and information resources to research issues in international tax planning and research.
i??Write clearly and concisely about international tax planning and research using proper writing mechanics.
Click here to view the grading rubric...
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Added on 08.07.2015 17:14
please strictly follow this rubrics below
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.


Points: 200

Assignment 2: Foreign Persons Trade / Business and U.S.-Sourced Income


Criteria

Unacceptable

Below 70% F

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A


1. Based on your research, determine at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely. Provide support for the rationale.

Weight: 30%

Did not submit or incompletely determined at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely based on your research. Did not submit or incompletely provided support for the rationale.

Partially determined at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely based on your research. Partially provided support for the rationale.

Satisfactorily determined at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely based on your research. Satisfactorily provided support for the rationale.

Thoroughly determined at least three (3) types of investments in the U.S. company that will most likely trigger a taxable event for your client and those that are least likely based on your research. Thoroughly provided support for the rationale.


2. Based on your research, evaluate at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes. Provide support for the evaluation.
Weight: 30%

Did not submit or incompletely evaluated at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes based on your research. Did not submit or incompletely provided support for the evaluation.

Partially evaluated at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes based on your research. Partially provided support for the evaluation.

Satisfactorily evaluated at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes based on your research. Satisfactorily provided support for the evaluation.

Thoroughly evaluated at least three (3) types of U.S.-sourced income that your client is most likely to be impacted by U.S. taxes based on your research. Thoroughly provided support for the evaluation.


3. Recommend the most advantageous type of investment strategy that your client should take when investing in this U.S. company and make recommendations for avoiding or eliminating taxes on the client s U.S.-sourced income from the investment. Support the recommendations with examples.

Weight: 25%

Did not submit or incompletely recommended the most advantageous type of investment strategy that your client should take when investing in this U.S. company and did not submit or incompletely made recommendations for avoiding or eliminating taxes on the client s U.S.-sourced income from the investment. Did not submit or incompletely supported the recommendations with examples.

Partially recommended the most advantageous type of investment strategy that your client should take when investing in this U.S. company and partially made recommendations for avoiding or eliminating taxes on the client s U.S.-sourced income from the investment. Partially supported the recommendations with examples.

Satisfactorily recommended the most advantageous type of investment strategy that your client should take when investing in this U.S. company and satisfactorily made recommendations for avoiding or eliminating taxes on the client s U.S.-sourced income from the investment. Satisfactorily supported the recommendations with examples.

Thoroughly recommended the most advantageous type of investment strategy that your client should take when investing in this U.S. company and thoroughly made recommendations for avoiding or eliminating taxes on the client s U.S.-sourced income from the investment. Thoroughly supported the recommendations with examples.


4. 3 references

Weight: 5%

No references provided

Does not meet the required number of references; some or all references poor quality choices.

Meets number of required references; all references high quality choices.

Exceeds number of required references; all references high quality choices.


5. Clarity, writing mechanics, and formatting requirements

Weight: 10%

More than 6 errors present

5-6 errors present

3-4 errors present

0-2 errors present