Opportunities and Pitfalls in International Taxation: What You Need to Know
With the evolving landscape and globalization of trade and investment, practices and policies in international taxation continue to be more complex and challenging over the years. To avoid potential risks and legal pitfalls, tax advisers and tax professionals must establish aggressive tax planning strategies and keep abreast of the recent trends and developments involving international tax matters.
In this LIVE Webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will provide the audience with an in-depth analysis of the basics and fundamental framework of International Taxation. Speakers will give highlight to the opportunities and pitfalls surrounding this significant topic.
Key topics include:
- International Taxation – An Overview
- International Tax/Estate Planning Issues
- Recent Trends and Taxation Developments
Patrick McCormick, Attorney
Kulzer & DiPadova, P.A.
- Overview of International Tax Issues
- Individuals/entities subject to tax and their specific requirements.
- Who is considered a resident for both income tax and estate/gift tax purposes
- Taxation of nonresident alien individuals, foreign trusts (and how to classify trusts)
Richele Sharn, Director
EFPR Group, LLP
- Considerations by Employer and Employee going/working abroad
- Taxation Issues
- Non-Taxation Issues
- Domestic Streamlined filing procedures
- Foreign Bank Filing (Form FinCen 114)
- Statement of Specified Foreign Financial Assets (Form 8938)
Patrick McCormick, Attorney
Kulzer & DiPadova, P.A.
- Penalties applicable, with specific focus in the FBAR area. Analysis of standards for penalty assessment and collections standards.
- Planning opportunities for noncitizens – treaty benefits, etc.
Rich Williams, Member
- Impact of new debt-equity regulations on common inbound real estate investment structures
- Certain recent international tax rules
- Outbound transfers of property to foreign corporations
- Outbound transfers of property to certain partnerships w/ related foreign partners
Who Should Attend:
- Corporate Tax Professionals & Finance Executives
- Enrolled Agents
- Tax & Finance Attorneys
- Tax Advisers
- Corporate Counsel (Tax)
Patrick J. McCormick is an attorney with Kulzer & DiPadova. He earned his J.D. from Vanderbilt University Law School in 2008, and his LL.M. from New York University School of Law in 2009.
Mr. McCormick specializes in the areas of international taxation, criminal tax, and tax compliance.
He has published international articles and given numerous national and local presentations on assorted areas of tax and estate planning law.
Patrick J. McCormick is an attorney with Kulzer & DiPadova. He earned his J.D. from Vanderbilt University Law School in 2008, …
Richele Sharn is a Director in EFPR Group’s Tax and Business Services department. She has been with EFPR Group, LLP for sixteen years and has over 20 years of experience in tax planning, preparation, and advice. Richele works extensively with the international side of the practice, which includes expatriate and inpartiate individual and business taxation and planning. She has in-depth experience with pre-immigration planning for individuals, international tax planning for multinational business, global tax services, taxation of family and closely held businesses, as well as estate planning.
“I treat you like you are my family member. I commit to give you all the facts; good and bad; but the choice is yours and there should be no surprises. Every client of mine is a somebody; a somebody that requires my attention and an answer in a timely fashion.”
Richele Sharn is a Director in EFPR Group’s Tax and Business Services department. She has been with EFPR Group, LLP …
Rich Williams is a member of Dentons' US Tax practice. Rich has experience in a wide range of U.S. federal income tax matters, including domestic and international mergers, acquisitions and dispositions; public and private financings; and both cross-border and general strategic tax planning. Rich is co-chair of the Tax Committee of the Asian American Bar Association of New York and an active member of the Tax Section of the New York State Bar Association, the International Tax Institute, and the Foreign Activities of US Taxpayers Committee of the American Bar Association's Tax Section. LL.M., Taxation, New York University, School of Law; J.D., Indiana University Maurer School of Law; BSBA, Washington University In St Louis.
Rich Williams is a member of Dentons' US Tax practice. Rich has experience in a wide range of U.S. federal …
Print and review course materials
Method of Presentation:
Experience in taxation
NASBA Field of Study:
Taxes - Technical
NY Category of CLE Credit:
Unlock All The Knowledge and Credit You Need
Leading Provider of Online Continuing Education
It's As Easy as 1, 2, 3
Get Your 1-Year All Access Pass For Only $199
About Kulzer & DiPadova, P.A.
Kulzer & DiPadova, P.A. is a tax boutique law firm located outside Philadelphia, PA. The firm limits its practice to the areas of taxation and estate matters, including employee benefit planning and compliance, all phases of federal and state tax planning, civil and criminal tax litigation, complex estate planning, estate administration and estate litigation. The firm consists of fourteen attorneys, and boasts decades of experience in its practice areas.
About EFPR Group, LLP
EFPR Group, LLP is one of Western New York’s largest accounting and business consulting firms serving over 10,500 clients across the United States. The firm is headquartered in Rochester, New York with offices in Buffalo, Corning, The Finger Lakes, New York City and Jupiter, Florida. The Firm provides a comprehensive suite of services including Tax Planning, Consulting and Preparation for individuals and businesses, International Business Consulting, Audit and Compliance Services, Forensic Accounting and Litigation Services, Business Valuation and M&A Support, Government and Non-Profit Services, Healthcare Consulting, Accounting and Finance Outsourcing, IT Consulting and Commercial Services. To learn more, please visit our website at EFPRgroup.com.
Dentons is the world's first polycentric global law firm. A top 20 firm on the Acritas 2015 Global Elite Brand Index, the Firm is committed to challenging the status quo in delivering consistent and uncompromising quality and value in new and inventive ways. Driven to provide clients a competitive edge, and connected to the communities where its clients want to do business, Dentons knows that understanding local cultures is crucial to successfully completing a deal, resolving a dispute or solving a business challenge. Now the world's largest law firm, Dentons' global team builds agile, tailored solutions to meet the local, national and global needs of private and public clients of any size in more than 125 locations serving 50-plus countries.