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 Francisco8:30 am Welcome and Introductions
Philip D. W. Hodgen, Esq., LLM
Conference Chair
Hodgen Law Group, PC
Pasadena8:35 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
Pasadena9:25 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 FranciscoPeter Trieu, JD., LLM
Rowbotham & Company LLP
San FranciscoOR
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 Alto10:45 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 CampbellOR
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, CO12:00 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 Mesa2:15 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 CreekOR
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, DC3:25 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 Hills4:30 pm – Adjourn