Provides a thorough grounding in the basic principles of U.S. taxation of foreign income, including the U.S. system for taxing international transactions, taxation of foreign activities of U.S. persons, and U.S. activities of foreign persons. Provides: Guidance on essential areas that businesses and their financial advisors need to understand; Thorough grounding in the basic principles;.Comprehensive guidance on U.S. taxation of foreign income and foreign persons;.Practice and procedure analysis to help you stay compliant.