August 15, 2012 - Phil Hodgen

Tax Planning and Compliance for Multinational Families

All-day course sponsored by the California Society of CPAs. Time: 8:30 a.m. – 4:30 p.m. Location: Westin South Coast Plaza, Costa Mesa, California


From the CalCPA course description:

Multinational families create special challenges for tax advisers. In this course you will gain in-depth knowledge of tax planning for U.S. inbound investments (real estate, business, portfolio assets) by nonresident/noncitizens, plus tax planning for inbound wealth transfers from foreign parents to resident children.

You will also develop strategies for families dealing with immigration issues. Learn when to use preimmigration trusts for immigrants. Learn about expatriation, when a green card holder or citizen leaves the United States and the tax consequences.

Finally, you’ll examine cleaning up tax problems, including strategies for poor real estate holding structures, for foreign trusts gone bad, and for failure to file one of the host of forms required in the international tax arena: FBARs, Form 5471.


  • Discover tax planning techniques for multinational families.
  • Learn the opportunities and pitfalls that exist when considering the transfer of wealth from parents to U.S.-resident children.
  • Create tax-effective estate plans for those with U.S. and non-U.S. family members.

Major Subjects:

  • Tax compliance
  • Forms: 1040NR, 5471, FBAR, 8938 and more
  • Holding structures
  • Estate, gift and generation-skipping transfer tax
  • Expatriation and the exit tax

Level of Difficulty: Basic Field of Interest: Taxes Prerequisites: None

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