This session will delve into the intricacies of the U.S. taxation process for cross-border digital transactions, exploring key regulations such as "Software Regulations" and "Cloud Computing Regulations." Participants will gain insights into the tax implications of income derived from delivering digital services or products including withholding tax and foreign tax credit implications.  This session will emphasize an analytical approach to pinpoint relevant facts and pose critical questions. With a focus on clarifying the tax characterization of digital transaction income, participants will become adept at identifying scenarios where such income is classified as royalty income, services income, or sales of personal property. Join us as we navigate the complex world of cross-border digital taxation together.

Learning Objectives:

• Identify when income from a digital transaction is treated as royalty income


• Recognize scenarios where income from a digital transaction is classified as services income


• Determine situations where income from a digital transaction is considered a sale of personal property


• Define the critical sourcing rules that dictate the taxation of cross-border digital transactions

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

EA Approved

CPAacademy.org (Sponsor Id#: HURS9) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222