What 2018 TCJA Says for Cross-Border Transactions?
The Tax Cuts and Jobs Act (TCJA) has been keeping tax professionals and businesses in the U.S. on their toes since January 2018. The closure of the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018 has added to the chaos, especially with the Section 965 hogging the limelight in the wake of the latest IRS guidance. And it’s a no-brainer that not being compliant with the latest changes will have adverse legal and financial consequences for your business.
Join U.S. tax expert Alexey Manasuev in this informative webinar where he will discuss the key international tax provisions of the TCJA that affect taxpayers – both individuals and businesses that engage in any cross-border transactions. He will share insights and planning considerations to mitigate the potentially adverse U.S. tax consequences and alleviate your tax compliance burdens. Manasuev will also discuss the ever-growing importance of working with a qualified U.S. tax professional, along with reviewing procedural alternatives to become tax-compliant after the OVDP closure.
This webinar will provide you the insight into the change in landscape since the Tax Cuts and Jobs Act took effect on January 1, 2018. After attending this webinar, practitioners will gain a better understanding of options and limitations for clients, including when to consult a qualified U.S. tax professional. You will be in a better position to advise your clients of their options for future investment strategies and business structures. And if you’re an individual or a business taxpayer, you will learn how the international tax provisions may affect you and your business; what you can do to ensure tax compliance, and evaluate tax planning opportunities to avoid unfavorable consequences of the relevant tax provisions.
This webinar will cover useful topics, such as:
Overview of the key international tax provisions of the Tax Cuts and Jobs Act
Recent tax developments and IRS guidance
How to structure your U.S. investment
New withholding regime on disposition of partnership interest and IRS amnesty programs revisited after OVDP closure
How subpart F changes affect U.S. shareholders of controlled foreign corporations
Section 965 Transition Tax in view of the recent IRS guidance
Global Intangible Low Tax Income (GILTI)
Foreign Derived Intangible Income (FDII)
Estate and gift tax planning
NASBA & IRS Category of Study: Taxes
Who Should Attend
U.S. international tax practitioners
Foreign investors or foreign businesses with existing U.S. operations or who are expanding into the United States
U.S. citizens and green card holders residing outside the United States, especially, if they own foreign businesses
Delinquent U.S. taxpayers
Foreign accountants and lawyers who have clients with U.S. international tax issues
Alexey Manasuev is a principal of U.S. Tax IQ. He is a U.S. tax attorney, admitted to practice in New York and District of Columbia, as well as a Foreign Legal Consultant (Ontario). He has over 14 years of experience in advising clients on U.S. tax and international tax issues (for both inbound and ...