Description
Session 11 - Income Taxation of Nonresident Aliens
This presentation will address basic U.S. income tax rules that apply to nonresident aliens, including determining when a person is a U.S. resident for U.S. federal income tax purposes, the kinds of U.S.-source income that are subject to tax in the hands of nonresident aliens, and the effect of income tax treaties on residency issues and substantive income tax issues.
Session 12 - Estate and Gift Taxation of Nonresident Alien
This presentation will cover basic estate, gift, and generation-skipping transfer tax rules that apply to nonresident aliens of the United States who own U.S. situs property, including a discussion of how treaties modify those rules in certain circumstances and estate planning strategies for nonresident aliens with U.S. situs property.
This webcast covers Sessions 11 & 12 of the series.
In the webcast series, expert faculty will cover the hottest topics facing international estate planning attorneys, including:
- Fiduciary income tax rules that apply to trusts with foreign grantors and non-grantor trusts
- Practical tax and administrative issues for US clients with non-U.S. trusts and similar entities
- Survey of fiduciary and tax developments in Europe and leading offshore financial centers
- Examination of the growing automatic exchange of tax information schemes of FATCA and the Common Reporting System
- Emergence of beneficial ownership registries for companies and trusts
- Current status of Anti-Money Laundering and related issues
- U.S. income and transfer tax regimes applicable to nonresident aliens
- Estate planning issues facing U.S. persons investing overseas, including cross-border investments in Mexico
- U.S. immigration and citizenship rules relevant to estate planning
- Current "mark-to-market" expatriation tax rules
- IRS's current offshore enforcement initiatives and the tax compliance alternatives to U.S. taxpayers
See CLE State Accreditation for credit details.
If you are licensed in New York, this content is appropriate for both newly admitted and experienced New York attorneys. Although, this content is appropriate for all New York attorneys, newly admitted attorneys cannot earn CLE credit for the completion of the course when presented via on-demand.