1. Can U.S. citizens avoid paying taxes to the United States by living and working abroad? 2. Why do U.S. multinationals generally like the “check-the-box” regulations? 3. What are the tax differences...

1. Can U.S. citizens avoid paying taxes to the United States by living and working abroad?

2. Why do U.S. multinationals generally like the “check-the-box” regulations?

3. What are the tax differences between operating as a foreign branch and a foreign subsidiary of a U.S. corporation? What are the advantages and disadvantages of each form?

4. What are the foreign tax credit limitations and why do they exist?