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The Committee aims to create a platform for both specialist and non-specialist tax lawyers in which they are able to deepen their knowledge of International Taxation, to activate an international attitude and to network amongst like-minded internationally orientated (tax) lawyers.
Means to achieve this goal
We think that the most effective way to achieve this goal is by collaborating with other Committees within ABA International, perhaps by (co-) organising programs at the Spring and Fall Meetings of the Section but also, possibly, by holding specialised round table meetings (once or twice each year). Furthermore, we aim to publish an annual article in the Year in Review publication of ABA International.
The Programs at the ABA International Spring/Fall Meetings cover in general broad topics; therefore the target audience is equally broad and is not limited solely to tax lawyers. Indeed, most likely, the majority of the audience will be non-tax professionals. By contributing to these programs we want to create tax awareness with the non-tax specialised practitioner Experience proves that by explaining rather complicated tax concepts to a non-specialised audience, tax lawyers gain a better understanding of the circumstances in which the tax law applies, which serves well both the tax and non-tax professionals. This is a learning experience that we can recommend to everyone.
The Round Table Meetings are highly tax-specialised and the audience comprises solely of tax lawyers. At these Meetings there is ample opportunity to network amongst like-minded tax lawyers and to exchange knowledge and experiences of International Taxation.
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The Committee focuses on the following areas of (international) Tax Law:
- Corporate Tax Planning (including M & A, Restructures etc)
- Estate Planning
- Employee Benefits
- VAT / Sales Taxes / Import Duties
- Fiscal Criminal Law
- Tax Litigation
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Foreign Bank Account Reports: Getting it Straight before the June 30 Deadline! June 12, 2009
Program Description:
Avoid pitfalls & penalties filing NEW FBAR Form TDF 90-22.1 due to be RECEIVED by June 30 at IRS Detroit. Understand expanded NEW reporting requirements for "U.S. person who has a financial interest in or signature or other authority over any foreign financial accounts, including bank, securities, or other types of financial accounts, in a foreign country, if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year". Learn what is (and is not) a "foreign financial account"; foreign person must file FBAR when "in and doing business in the United States"; tiered entities have FBAR responsibilities; avoid Draconian failure to file penalties - (a) $10,000 for a non-willful violation and (b) $100,000 or up to 50% of the account balance for a willful violation; lexicon 31 U.S.C not 26 U.S.C. and related issues. Apply & comply - catch up filing prior years' FBARs within IRS framework for reduced penalties, Voluntary Disclosure Practice for offshore activities. Expert panel of practitioners and IRS shall provide detailed guidance and examples for you to Get it Straight before the June 30 Deadline!
Program Materials:
Program Audio: *If the audio plays immediately, you will need to right-click on the link and select "Save Link As..." to select a location to save the .MP3 file. Foreign Bank Account Reports: Getting it Straight before the June 30 Deadline! (mp3)
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ABA Section of International Law: Leading the World's International Lawyers since 1878, The
The ABA Section of International Law: Leading the World's International Lawyers since 1878 chronicles the founding, seminal events, distinguish... more
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December 1, 2009
Location: TBD
Format: Multiple Formats
December 16, 2009
Location: TBD
Format: Multiple Formats
April 13, 2010 - April 17, 2010 Grand Hyatt New York
New York,
NY
Format: Live/In-Person |
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