Examining the Scope of EIFEL

Overview:

This course features concise, easy-to-understand modules that provide a comprehensive overview of the scope of the Excessive Interest and Financing Expenses Limitation (EIFEL) rules.

Course Content:

Topics covered in this course include:

• An overview of the EIFEL rules
• The policy rationale for the EIFEL rules
• A discussion in the taxpayers impacted by the EIFEL rules
• An overview of the taxpayers exempted from the EIFEL rules (referred to as “excluded entities” in the EIFEL rules)

Learning Objectives:

By the end of this course, you should be able to:

• Define the concepts of base erosion and profit shifting
• Differentiate between the two methods of computing the deductibility limit
• Identify the taxpayers directly and indirectly affected by the EIFEL rules
• Determine which taxpayers are exempted from the EIFEL rules

Who Will Benefit: 

CPAs at all levels of their career and in any type of organization across a wide range of industries and roles.