Events - Event View

Topic: Insurance Captives – Formation and Modeling

Insurance Captive Companies are becoming more popular in the risk management sector. Our prominent and highly honored speaker will address the key issues of Insurance Captive formation and its related tax impacts.

Speaker: Thomas M. Jones, Partner - McDermott Will & Emery LLP

Presiding: Ken Schafer, Schneider Electric

Topic: U.S. Tax Reporting for Cross-Border Transactions and Investments (Part I)

What you need to know about U.S. federal outbound compliance in the international arena. Overview of cross-border reporting requirements, followed by discussion of current hot topics including significant international legislative changes under the HIRE Act; recent Treasury and IRS guidance affecting reporting issues; and other recent changes. The second part of the discussion will focus on outbound transfers and related reporting requirements including filing of Gain Recognition Agreements, as well as the Dual-Consolidated Loss rules and the various elections, agreements, certifications and other reporting requirements under the DCL regulations. Commonly encountered issues and current updates will be highlighted throughout both Parts I and II.

Speaker: Brad Rode Peter Simpson of Grant Thornton LLP

Presiding: Kevin Burns, WTAS

Topic: U.S. tax reporting for cross-border transactions and investments (Part II)

What you need to know about U.S. federal outbound compliance in the international arena. Overview of cross-border reporting requirements, followed by discussion of current hot topics including significant international legislative changes under the HIRE Act; recent Treasury and IRS guidance affecting reporting issues; and other recent changes. The second part of the discussion will focus on outbound transfers and related reporting requirements including filing of Gain Recognition Agreements, as well as the Dual-Consolidated Loss rules and the various elections, agreements, certifications and other reporting requirements under the DCL regulations. Commonly encountered issues and current updates will be highlighted throughout both Parts I and II.

Speaker: Brad Rode Peter Simpson of Grant Thornton LLP

Presiding: Kevin Burns, WTAS

Topic: BIG States Audit Practice Panel Discussion

As the economy has forced states to become more aggressive in capturing tax revenue, many have instituted legislative and policy changes to enhance their collection opportunities under audit. We welcome representatives from three of the larger states with local audit presence, CA, NY & TX, to discuss how these states are approaching the delicate task of increasing revenues, while maintaining their ‘Taxpayer Friendly’ appearances. Come and learn what’s new, hear what they are seeing in audits and discover how it can help you better manage these potentially painful but unavoidable exercises.

Panelists:
Stephen C. Young – Supervising Tax Auditor, California Board of Equalization, Chicago audit office
Robert Cronin – District Audit Manager, New York State Dept. of Taxation & Finance, Chicago-area audit office
Sharon Barnes – Manager, Texas Comptroller’s Office, Chicago-area audit office

Presiding: Kevin Mullen, Cenveo, Inc.

Topic: Outrageous Cases – Making Tax Law, Good or Bad

Current court decisions on tax issues that probably should never have seen the light of day.

Speakers: Thomas Donohoe, Partner, McDermott, Will & Emery LLP / Ted Bots, Partner, Baker & McKenzie LLP

Presiding: Darren Lebiecki, Kraft Foods Inc.

Topic: SOX Compliance Update - Are Tax Departments in Full Compliance With Their Documentation

The speakers from KPMG are here to discuss how they see their clients deal with the documentation requirements that have been in place for six years now. Their insight can help us make sure that Tax Departments are the bright spots in the annual testing of Controls.

Speakers: Martin Hahn, KPMG Managing Director - Tax; Bill Zaman, KPMG Managing Director - Advisory

Presiding: Scott Milnes & Kevin Ake

Topic: Corporate Legal Entity Simplification

This session will discuss the technical aspects of liquidations and dissolutions, in an effort to reduce the complexity and size of a corporate legal entity structure, as well as highlighting best practices.

Speakers: Michelle L. Brady, Senior Manager, Transaction Advisory Services -Ernst & Young LLP
Todd A. Miller, Partner, Transaction Advisory Services -Ernst & Young LLP

Presiding: Lenny Samczyk, United Stationers Inc.

Topic: Current Issues in the State Taxation of Partnerships

As the economy recovers and companies look to expand, more of them are entering into partnerships. This will provide an overview of the state taxation of flow-through investments emphasizing topics and issues relevant to corporate owners.

Speakers: John Easterday, Managing Director, Alvarez & Marsal Taxand, LLC / Jon Cesaretti, Director, WTAS, LLC

Presiding: John Easterday, Managing Director, Alvarez & Marsal Taxand, LLC / Jon Cesaretti, Director, WTAS, LLC

Speakers: All previous speakers

Review of Morning Topics – Questions and Answers

Presiding: George Kyroudis, 1st Vice President, The Chicago Tax Club