ACC 568 PAPERS Expert Level - acc568papers.com ACC 568 PAPERS Expert Level - acc568papers.com | Page 8

Instructors, training on how to grade is within the Instructor Center. 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 client’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.