FATCARG

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The new FATCA provisions (sections 1471-1474) in a very broad grant of authority leave much of its interpretation to the IRS and Treasury. This panel will discuss some of the most important aspects of that broad regulatory authority and will help you understand the new FATCA guidance, how it will impact affected entities, and what remains to be done.

The FATCA provisions have provoked comments from many foreign associations representing various types of entities (e.g., banks and insurance companies) that have a stake in how the FATCA provisions are applied. This panel will help you understand the concerns of the members of those associations and how they believe the regulations should provide relief.

A team of experts and thought leaders assembled by the Knowledge Group will help you stay in-the-know with respect to the most critical issues surrounding this topic. The audience will have an opportunity to ask the speakers questions directly during the live Q&A session. Sign up for this class by clicking the “Register” button below. Advanced registration is recommended as space is limited. (Significant discounts apply for early registration.)

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 104056
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for The New FATCA Regulatory Guidance: Understanding Its Scope and How It Applies LIVE Webcast:


Proposed Agenda (click here to view more)
SEGMENT 1:


Michael H. Plowgian, Attorney-Advisor, Office of the International Tax Counsel,
U.S. Department of the Treasury

- Overview and key points from Notice 2010-60
- Grandfathered payments
- Scope of FFI definition
- Customer due diligence
- Reporting

SEGMENT 2:


Carol Tello, Partner (Former Associate Chief Counsel (International) and Special Assistant to the Assistant Commissioner (International), Internal Revenue Service),
Sutherland Asbill & Brennan LLP

** Speaker Talking Points to be added soon.. **

SEGMENT 3:


Alan Winston Granwell, Partner,
DLA Piper

- Introduction
- Overview of Chapter 4 of Foreign Account Tax Compliance Act
- Background to Treasury/IRS efforts to implement guidance and brief initial overview
- After Mr. Plowgian's and other comments:
     - Comments on recalcitrant account holders and passthru payments
     - Comments on impact on foreign law restrictions
     - Comments on challenges in implementing guidance


SEGMENT 4:


Philip Garlett, Partner,
Burt, Staples & Maner, LLP

** Speaker Talking Points to be added soon.. **

SEGMENT 5:


Patricia Ann Fisher, Director,
PricewaterhouseCoopers

and

Candace B. Ewell, Director,
PricewaterhouseCoopers

- The treatment of non-U.S. investment funds under FATCA
- Practical aspects - what FFIs, FFEs and U.S. withholding agents need to do to prepare for FATCA.



U.S. Department of the Treasury
Michael H. Plowgian
Attorney-Advisor, Office of the International Tax Counsel
speaker bio »»

Sutherland Asbill & Brennan LLP
Carol Tello
Partner (Former Associate Chief Counsel (International) and Special Assistant to the Assistant Commissioner (International), Internal Revenue Service)
                       speaker bio »»

DLA Piper
Alan Winston Granwell
Partner
speaker bio »»

Burt, Staples & Maner, LLP
Philip Garlett
Partner
speaker bio »»

PricewaterhouseCoopers
Patricia Ann Fisher
Director
speaker bio »»

PricewaterhouseCoopers
Candace B. Ewell
Director
speaker bio »»


Who Should Attend?

- Compliance Officers
- International Tax Attorneys
- CFOs
- CPAs
- Tax Compliance Officers
- Senior Executives
- Controllers
- Treasurers
- Financial Reporting Personnel
- Valuation Analysts
- General Counsel
- International Counsel
- Ethics Officers
- Forensic Auditors
- Vice Presidents and Directors
- International Contract Managers
- Executives and Senior Officers of Banks, Thrifts, Credit Unions, and other Financial Institutions
- Financial Industry Analysts
- Lawyers
- Service providers
- Controllers
- Financial Executives
- Tax Managers
- Enrolled Agents

Why Attend?

This is a must attend event to highly affected professionals to get updated on the latest issues about the Foreign Account Tax Compliance Act.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    


 

 

 

 


The New FATCA Regulatory Guidance:
Understanding Its Scope and How It Applies
LIVE Webcast
Speaker Firms:


U.S. Department of the Treasury








 

The Knowledge Group, LLC is registered with the National Association of State Boards of Accountancy (NASBA) 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 for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org


 

We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.