This module covers in detail the federal income tax, with particular emphasis on inbound and outbound cross-border situations, US tax treaties, transfer pricing and cross-border mergers and acquisitions. It also covers the basic rules of, and cross-border issues in, the federal estate tax, the federal gift tax, and state and local taxes. Please see the syllabus for full details.
The exam consists of three parts. Part A consists of two mandatory questions worth 25 marks each. Part B consists of one mandatory question worth 20 marks. Part C consists of four questions worth 15 marks each, of which candidates are required to answer any two.
This exam is currently offered in the June ADIT exam session.
You can find the full list of examinable topics for the United States option module in the ADIT syllabus.
You can also download past papers for this and other ADIT exams, together with suggested solutions and examples of successful candidate scripts.
Tuition for this and other ADIT modules is available via a selection of course providers around the world.