week 4 dis 1

 Tax Discussion Forum [WLOs: 1, 2, 3] [CLO: 6]
Prior to beginning work on this discussion forum, read Chapters 8 and 9 of the text.
What are the major international tax provisions in the Tax Cuts and Jobs Act that became effective in the United States in 2018? What procedures are used to translate the foreign currency income of a foreign operation into U.S. dollars for U.S. tax purposes?