November 2, 2010 - Phil Hodgen

CalCPA’s 2010 International Tax Conference – the program

Here is the program for the California Society of Certified Public Accountants’ International Tax and Business Conference, to be held on December 7, 2010, in San Francisco.

Register for in-person attendance or register for the webcast. I hope to see you there. Did I say I’m the chairman? 🙂

2010 International Tax and Business Conference
December 7, 2010 – Westin San Francisco Market Street – San Francisco

8:30 am Welcome and Introductions

Philip D. W. Hodgen, Esq., LLM
Conference Chair
Hodgen Law Group, PC

8:35 am Latest Hot Issues/Scary Monsters

  • New reporting requirements
  • Codification of “economic substance” doctrine
  • Limitations of portfolio interest exemption
  • Source of guaranty fees
  • Future withholding requirements
  • The Ninth Circuit’s Xilinix flip-flop
  • Foreign tax credit generator regs
  • Use of foreign trust property

Rufus v. Rhoades, Esq.
Offices of Rufus v. Rhoades

9:25 am Break, transition to concurrent sessions

9:35 am Begin concurrent sessions:

Inbound Immigration and Tax Planning

  • Establishing US residency for tax purposes
  • Pre-arrival planning
  • Estate taxes

Warren R. Leiden, Esq.
Berry Appleman & Leiden LLP
San Francisco

Peter Trieu, JD., LLM
Rowbotham & Company LLP
San Francisco


CFO’s Guide to International Operations

  • Operation/non-operational issues
  • Where to go?
  • Where do you start?
  • Who do you contact?
  • What tax, legal and bank issues will develop?
  • Foreign Corrupt Practices Act

Jane Adamo, Esq. LLM
Palo Alto

10:45 am – Transition to concurrent sessions:

10:50 am – U.S. Persons with Foreign Income

  • Foreign national taxation
  • Expatriate taxation
  • Foreign real property
  • Tax equalization • Stock options
  • California issues
  • FBAR filing (penalties/not filing)

Andy Mattson, CPA
Mohler, Nixon & Williams Campbell


Convergence: IFRS and XBRL

  • IFRS
  • XBRL
  • Mandates
  • The Roadmap – What’s Coming
  • IFRS/XBRL – The Linkage
  • Tax Reporting – IFRS
  • IAS 12 Income Taxes
  • IFRS/XBRL Reporting

Kristine M. Brands, CPA, CMA
Regis University Colorado Springs, CO

12:00 pm – Lunch

12:50 pm – U.S. International Tax Compliance

  • General overview of inbound issues
  • IRS Forms:
  • – 1120-F
    – 5472
    – 8926, etc.

  • General overview of outbound issues
  • IRS Forms:
  • – 5471
    – 8621
    – 1118, etc.

  • IRS forms often used in U. S. international tax compliance

John Apuzzo, CA, CMA, CPA, CBV, MST, MIT
Deloitte Tax LLP
Costa Mesa

2:15 pm Break, transition to concurrent sessions

2:25 pm Begin PM Concurrent Sessions:

Transfer Pricing 101: Navigating the Perfect Storm

  • What is “transfer pricing”?
  • Covered transactions and examples
  • The arm’s length standard
  • U.S. taxpayer penalty provisions
  • U.S. tax return preparer penalties
  • FIN 48 implications
  • IRS tax return disclosure proposals
  • The transfer pricing “perfect storm”
  • Avoiding transfer pricing penalties
  • Requirements of a U.S. documentation study
  • Further mitigation of risk and penalties
  • Transfer pricing planning opportunities
  • Conclusions

Douglas W. Wright, JD, LLM
Burr Pilger Mayer, Inc.
Walnut Creek


Section 877A: Expatriation and the Mark-To-Market Tax

  • Treatment of items subject to mark-to-market regime
  • Treatment of items not subject to mark-to market regime
  • Basics of expatriation for citizens and long-term residents
  • Frequently asked questions

Willard (Bill) W. Yates, Esq.
Office of Chief Counsel (International)
Internal Revenue Service
Washington, DC

3:25 pm Transition back to General Session

3:30 pm FBAR Violations: How to Come Clean

  • Steps to go through when your client has a problem
  • Results of some of these filings
  • The Service’s position on some of these
  • Amnesty
  • Problems with Forms 3520 and 5471
  • PFIC
  • Future reporting changes

Edward M. Robbins, Esq.
Hochman Salkin Rettig Toscher & Perez
Beverly Hills

4:30 pm – Adjourn

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