ADVANCED INTERNATIONAL TAX PLANNING This two-day advanced level seminar will examine recent changes in the U.S. and foreign tax laws, recent court cases, and tax rulings that have a major impact on doing business abroad. Benefits of Attending: Learn planning strategies for intangibles ownership Update international joint ventures Understand negotiating tax provisions in drafting acquisitions and dispositions agreements Discover foreign tax credit planning: splitters and covered asset acquisitions And more! >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> TAX STRATEGIES FOR HIGH-TECH COMPANIES Join us for a two-day technical update on the hottest foreign and domestic tax and accounting issues facing high-tech and other research intensive companies. Benefits of Attending: Panel discussion on BEPS, legislative & regulatory developments impacting high-tech companies Maximizing and minimizing research tax credit benefi ts Strategies for transferring IP operations offshore Subpart F planning for high-tech companies Global documentation strategies Recent tax issues in high-tech mergers and acquisitions 14.5 CPE/CLE 15.5 CPE/CLE NEW SEMINAR! These unique courses are only offered by Bloomberg BNA For more information, call 800.372.1033 or visit www.bna.com/taxevents ADVANCED INTERNATIONAL TAX CO-CHAIRS Rob Walton Joe Calianno BDO Seidman LLP FACULTY Lester Fuwa Forte International Tax LLC Mark Gasbarra Forte International Tax LLC Matthew Hayes Kristen Hazel McDermott Will & Emery Michael Liu Barbara Mantegani Joshua Richardson William Skinner Fenwick & West LLP Jonathan Welbel TAX STRATEGIES FOR HIGH-TECH COMPANIES FACULTY Bart Bassett Morgan Lewis LLP Tim Fitzgibbon PricewaterhouseCoopers LLP Adam Halpern Fenwick & West LLP Sean King Align Global Consulting Jennifer Molnar Sutherland LLP William Skinner Fenwick & West LLP
ADVANCED INTERNATIONAL TAX PLANNING 14.5 CPE/CLE MONDAY, SEPTEMBER 28, 2015 7:30 AM Registration & Continental Breakfast 8:00 AM Chairpersons Welcome & Opening Remarks 8:30 AM Subpart F Planning Discussion of characterization of income for purposes of determining applicable foreign base company income rules Review of selected Sec. 956 issues, such as Sec. 956 (c) (2)(C) exception for CFC intercompany receivables arising in connection with sales of inventory Issues arising in connection with active royalties and rental income exceptions to FPHCI Discussion of substantial contribution rules and practical application of those rules to complex manufacturing situations Continuing substantial assistance issues where U.S. parent carries out management of servers and co-development activities under a cost-sharing arrangement 9:45 AM Break for Refreshments 10:00 AM Negotiating & Drafting Tax Provisions in Acquisitions & Dispositions Agreements 11:00 AM Dual Consolidated Losses Dual consolidated losses overview Domestic use limitations Filing requirements Dual consolidated loss recapture 12:00 PM Luncheon 12:45 PM Inversion Planning in the Wake of Notice 2014-52 1:45 PM Developments in International Financial Transactions, Including Currency Practical approaches for dealing with Sec. 987 Currency hedging transactions Acquisition financing strategies Other current developments affecting financing strategies 2:45 PM Break for Refreshments 3:00 PM Transfer Pricing Developments: Intangibles Transfers, TPO Audits & Controversies 5:00 PM Conference Adjourns for the Day TUESDAY, SEPTEMBER 29, 2015 8:00 AM Continental Breakfast 8:30 AM Repatriation Strategies General update on repatriation techniques Impact of Notice 2012-39 on use of outbound asset reorganizations as repatriation technique Potential for regulatory or legislative change in aftermath of senate PSI hearing 9:30 AM Managing PE & Business Profits Risks Examine aggressive foreign audits on U.S. companies Focusing on bilateral income tax treaties dealing with permanent establishment and business profits Both OECD guidance and specific countries case law on these topics will be reviewed Suggestions for structuring business operations to minimize PE exposure Examine the amount of business profits taxable by the source country will be offered 10:30 AM Break for Refreshments 10:45 AM Foreign Tax Credit Planning: Splitters and Covered Asset Acquisitions Splitters Sec. 901 covered asset acquisition rules are currently in force what are people doing? CAA rules also can apply internally to restructurings, such as check-the-box transactions IRS Notice will soon be out what are the issues? 11:45 AM Luncheon 12:30 PM Dealing With The APMA Program Organizational changes made to the U.S. competent authority function Impact of changes on operations Development of revenue procedure addressing both APA and MAP programs Noteworthy country developments 1:30 PM International Acquisitions & Reorganizations 2:30 PM Conference Concludes Times/topics/speakers subject to change 2015 The Bureau of National Affairs, Inc. All rights reserved. All paid attendees will receive the Bloomberg BNA Portfolio: Foundations of US International Taxation #900-2nd (a $400 value) *One Portfolio per paid attendee. Quantities are limited. ::::::::::::::::::::::::::::::::::::::::::::::: These unique courses are only offered by Bloomberg BNA For more information, call 800.372.1033 or visit www.bna.com/taxevents ::::::::::::::::::::::::::::::::::::::::::::::: CONFERENCE LOCATION Baker & McKenzie Tel.: 312.861.6580 300 East Randolph Drive, Chicago, IL 60601 Hotel accommodations are at your own discretion. We suggest the following: Fairmont Hotel Tel: 312.565.8000 200 N. Columbus Dr., Chicago, IL Swissotel Tel: 312.565.0565 323 E. Wacker Dr., Chicago, IL Hyatt Regency Tel: 312.565.1234 151 E. Wacker Dr., Chicago, IL
TAX STRATEGIES FOR HIGH-TECH COMPANIES MONDAY, OCTOBER 5, 2015 8:00 AM Registration & Continental Breakfast 8:30 AM Welcome and Introduction 8:45 AM BEPS, Legislative and Regulatory Developments Impacting High-Tech Companies 10:15 AM Break for Refreshments 10:30 AM Current Issues in Software, Electronic Commerce and Cloud Computing Recent structuring considerations Characterization of income determinations Sourcing and withholding tax developments 12:00 PM Luncheon 1:00 PM Recent Tax Issues in High-Tech Mergers and Acquisitions Tax issues involved in high-tech business combinations Acquisition, integration and disposition structures and techniques Planning ideas and reorganization strategies Latest spinoff developments 2:30 PM Break for Refreshments 2:45 PM Maximizing the Domestic Production and Energy Tax Credit Benefits How the ETI exclusion works and which companies can claim ETI benefits under the transition rules in 2006 Applying the safe haven formulary apportionment rules for computing ETI use of grouping and T x T methods Understanding how the new incentive for domestic production income is computed for software development which activities are eligible for domestic production benefits? Identifying Qualified Production Property (QPP) and Qualified Production Activities Income (QPAI) 4:00 PM Maximizing Research Tax Credit Benefits What constitutes qualified research expense review of proposed Sec. 41 regulations Computing base period expenses impact of mergers and reorganizations and the recent economic conditions Equity compensation and the wages requirement The boundaries of the supplies criteria What the IRS looks for on audit; key IRS issues and audit approaches; policy, procedures, audit technique guidelines and statistical sampling guidance 5:15 PM Meeting Adjourns for the Day CONFERENCE LOCATION Morgan Lewis Tel: 310.907.1000 The Water Garden, Ste. 2050 North 1601 Cloverfield Blvd., Santa Monica, CA 90404 Hotel accommodations are at your own discretion. We suggest the following: The Ambrose Tel: 310.315.1555 1255 20th Street, Santa Monica, CA Hotel Shangri-La Tel: 310-394-2791 1301 Ocean Ave. Santa Monica, CA Loews Santa Monica Beach Hotel Tel: 310.458.6700 1700 Ocean Avenue, Santa Monica, CA TUESDAY, OCTOBER 6, 2015 8:00 AM Continental Breakfast 8:45 AM Strategies for Transferring IP Operations Offshore Statutory and regulatory framework how does Sec. 367(a) and 367(d) work for transfers of intangible assets in establishing a foreign corporation or joint venture Types of outbound IP transfers taxable v. non-taxable sale v. license - evaluating IRS audit risks Using cost-sharing for funding offshore IP development migrating intangibles to an offshore vehicle Alternatives to cost sharing arrangements Planning for unsuccessful projects 10:15 AM Break for Refreshments 10:30 AM Subpart F Planning for High-Tech Companies Recent issues involving Subpart F foreign personal holding company income Working with the branch rules for foreign sales and manufacturing activities Supply chain structuring considerations Strategies for service companies 12:15 PM Luncheon 1:15 PM Foreign Tax and Expense Apportionment Planning for High-Tech Companies Recent foreign tax credit developments and planning Understanding the recharacterization rules of Sec. 1248: obtaining foreign tax credit benefits on sales of shares in first and lower tier CFCs as well as consequences of making a Sec. 338 election for CFCs Selecting the best apportionment method gross-to-gross v. factual apportionment Understanding the rules for interest apportionment effect of exchange rates on foreign asset bases Strategies for minimizing the apportionment of research, state tax and SG&A expenses to foreign source income 2:45 PM Break for Refreshments 3:00 PM Transfer Pricing and Global Documentation Strategies for High-Tech Companies Recent transfer pricing issues facing high-tech companies: transfers of intangibles, cost sharing and recent 482 guidance BEPS country-by-country reporting Satisfying the rules for contemporaneous principal and background documentation using a transfer pricing study How the 20% and 40% penalties are applied to the substantial or gross understatement of tax on an annual basis Understanding the exceptions to the Sec. 6662(e) penalty Strategies for complying with the pricing rules in other countries 4:30 PM Meeting Ends Times/topics/speakers subject to change 2015 The Bureau of National Affairs, Inc. All rights reserved. All paid attendees will receive the Bloomberg BNA Portfolio: Federal Taxation of Software and E-Commerce #555 (a $400 value) *One Portfolio per paid attendee. Quantities are limited. 15.5 CPE/CLE
Five Easy Ways to Register: E-Mail: customercare@bna.com Web: www.bna.com/taxevents Telephone: 800.372.1033 Facsimile: 800.253.0332 Mail: Bloomberg BNA s Customer Contact Center 3 Bethesda Metro Center, Suite 250 Bethesda, MD 20814-5377 USA EARN CPE/CLE Bloomberg BNA is registered with the National Association of the State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE sponsors. State Boards of Accountancy have final authority on the acceptance of individual courses. Complaints regarding registered sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Bloomberg BNA will apply for continuing legal education credits in any state or jurisdiction where available. For more information, please contact Bloomberg BNA customer service at 800.372.1033 and ask to speak to the CLE Accreditations Coordinator, or email us at accreditations@bna.com. HARDSHIP POLICY Bloomberg BNA offers a hardship policy for CPAs and other tax and accounting professionals who wish to attend our live conference and seminars. Individuals must earn less than $50,000 annually in order to qualify. For individuals who are unemployed or earning less than $35,000 per year, a full discount off the price of registration for the program will be awarded. Individuals earning between $35,000 and $50,000 per year will receive a 50% discount off the price of the program. If an individual wishes to submit a case for hardship, he or she must contact Bloomberg BNA directly at accreditations@bna.com. Please include the following information with your request: complete contact information, program for which a hardship reduction is being requested, requested amount for hardship reduction, and reason for applying for hardship. Please note that requests will not be considered until 30 days from the program date and that individuals may only apply for a hardship reduction once within a 12-month period. Bloomberg BNA reserves the right to make a final determination on a case-by-case basis. Our decision for granting a hardship is final and submission does not constitute acceptance. CANCELLATION POLICY If you are unable to attend this event, you may: transfer your registration to another person from your company for the same event; or transfer your registration to a substitute event listed on our web site. In either instance, there will be no charge or penalty for substitution. To request a transfer, contact customercare@bna.com with the new attendee or substitute event information more than 5 business days prior to the conference start date. On the first day of the event, absent attendees will be considered no shows and will not be eligible for a refund, transfer, or substitute event. Cancellations must be made in writing to customercare@bna.com more than 5 business days before the event and will be assessed a $350 conference setup fee. Cancellations will not be accepted if notice is received fewer than 5 business days before the event. For more information regarding administrative policies, complaints and cancellations, please contact us at 800.372.1033, or e-mail customercare@bna.com. Fee Includes Continental breakfasts, lunches, refreshment breaks, Bloomberg BNA Portfolio and course materials in electronic format. Contact Bloomberg BNA about discounts for three or more registrants from the same company ::::::::::::::::::::::::::::::::::::::::::::: REGISTER EARLY & SAVE! Advanced International Tax Planning TMC284 $1195.00 Early Registration (up to 1 month prior to course) $1395.00 Registration (within 1 month of course) Tax Strategies for High-Tech Companies TMC291 $1195.00 Early Registration (up to 1 month prior to course) $1395.00 Registration (within 1 month of course) Name Title Organization Method of Payment: Payment is due on or prior to the course. All credit cards converted to and billed in U.S. dollars (USD). Check enclosed payable to Bloomberg BNA Credit card payment: MasterCard Visa AmEx Discover All credit cards will be processed at current U.S. conversion rates Address Card No. City State Zip V-code Card exp. /Billing Zip Card Expiration Date Telephone Fax E-mail Signature
ADVANCED INTERNATIONAL TAX PLANNING WHY YOU SHOULD ATTEND The focus of this seminar is advance tax planning. Sessions will discuss strategies you can adapt now to minimize the tax bill for your company or clients. The program is designed for senior tax practitioners in corporate or private practice with prior exposure to international taxes. It will not repeat the basics but will concentrate instead on the following major current issues, and the tax planning opportunities they provide, which our consultants believe should be examined immediately to reduce the tax cost of doing business overseas: Managing PE & business profi ts risk Foreign currency developments Dealing with the new APMA program Washington update Intangible migration strategies Due to the advanced nature of the agenda and to the extraordinary caliber of the speakers, many companies or fi rms may wish to send a team of tax professionals. Our experienced faculty will guide you through the recent IRS regulations, reporting requirements, and show you practical strategies for reducing foreign and U.S. taxes for your company. Please note that additional registrants from the same fi rm are entitled to a reduced workshop fee. WHO SHOULD ATTEND This conference with live group instruction is intended for: corporate VP of tax, corporate tax director, manager-international tax, tax counsel, treasurers, CFOs, attorneys and tax accountants involved in annual and transactional U.S. international tax planning for U.S. and foreign multinationals. Prerequisite: attendees should have attended a Bloomberg BNA U.S. International Tax Planning course, or its equivalent. This program is nontransitional, which is appropriate for experienced attorneys. TAX STRATEGIES FOR HIGH-TECH COMPANIES ::::::::::::::::::::: NEW SEMINAR! ::::::::::::::::::::: WHY YOU SHOULD ATTEND Bloomberg BNA is proud to announce a new tax program geared to professionals in the high-tech industry. This session will examine various tax strategies specifi cally for high-tech companies to reduce their federal and foreign tax costs. This session will update your knowledge on the latest U.S. domestic and foreign tax provisions affecting your company, including M&A issues, Subpart F planning, research tax credit benefi ts, IP issues, and transfer pricing. This session is designed for tax practitioners in high-tech industry including VP of tax, tax directors, tax managers, and tax accountants responsible for compliance issues and tax professionals and advisors who need to keep their clients up to date with all tax issues affecting their companies. :::::::::::::::::::::::::::::::::::: For more information, call 800.372.1033 or visit www.bna.com/taxevents :::::::::::::::::::::::::::::::::::: WHO SHOULD ATTEND Bloomberg BNA has selected 9 technical topics that will benefi t tax professionals or advisors at companies involved in: Conducting basic research and development for biotech, pharma and computer software companies Manufacturing of computer and telecommunications hardware and medical, aerospace and energy equipment Providing health care, internet and telecommunications services, or Licensing technology for use by others in the United States or overseas. This basic to intermediate level course with live group instruction is designed for corporate tax, legal and accounting executives, including tax directors, managers or supervisors, directors global or international taxes, tax attorneys, controller, treasurer or other fi nancial executives, as well as outside counsel, CPAs at big four or other accounting fi rms and advisors or consultants for high-tech companies. No prerequisite required for this transitional program.
Bloomberg BNA s Customer Contact Center 3 Bethesda Metro Center, Suite 250 Bethesda, MD 20814-5377 ADVANCED INTERNATIONAL TAX PLANNING TAX STRATEGIES FOR HIGH-TECH COMPANIES NEW SEMINAR! These unique courses are only offered by Bloomberg BNA For more information, call 800.372.1033 or visit www.bna.com/taxevents REGISTER EARLY & SAvE!