Planning and Compliance Strategies
After New Laws and Regulations
CD of Teleconference with Q&A
Conducted on Wednesday, June 25, 2008
Now available on CD
Sponsored by State Income Tax Monitor,
Tax Incentives Alert and Sales & Use Tax Monitor
Tax Teleconference Advisory Board
Canada is the U.S.' largest trading partner, so tax professionals and counsel at U.S. companies must actively monitor and understand changes in tax law and policy on both sides of the border.
For example, the U.S.–Canada Tax Treaty was recently amended to phase out withholding tax on investment interest and to clarify taxation of stock options. The Canada Revenue Agency created new regulations for royalties and intangibles, while the IRS finalized new dual consolidated loss regulations.
Corporate tax specialists for U.S. companies must stay current on how the latest guidance, tax laws and regulations in Canada affect the cost of doing business there through corporations and partnerships or through plants and branch offices. The same is true for Canadian companies operating here.
Listen and participate from your telephone as our panel of experienced tax counsel and CPAs provides their analysis of and insights on the most recent, relevant developments in corporate tax on both sides of the U.S.–Canada border.
The panel included:
Lori Mathison, Tax Partner, Fraser Milner Casgrain, Vancouver, BC, Canada. She helps clients plan complex, domestic or cross-border tax structures. She is also a CPA and frequent speaker before Canadian tax, accounting and academic societies.
Rob Davis, Associate Partner, KPMG, Toronto, ON, Canada. He works in the firm's Transfer Pricing Practice and has 19 years in accounting firm tax, finance and transfer pricing matters. He also spent six years in private industry.
Jonathane Ricci, Partner, Juroviesky & Ricci, Toronto, ON, Canada. He is the firm’s practice leader in complex international litigation, controversy, mediation and arbitration, and U.S. federal/state/local tax controversy and planning. He is a member of the U.S. Tax Court and Michigan Bar.
Valerie Amerkhail, Director of Transfer Pricing Services, Economic Consulting Services, Washington, D.C. She consults with international tax attorneys on IRS field exams, advanced pricing agreements and documentation reports pertaining to a wide range of consumer and industrial products. She previously was a partner at Coopers & Lybrand and an analyst with the Congressional Budget Office.
The panel discussed tax and accounting strategies on these new laws and emerging developments including:
- Amendments affecting U.S. taxation of income from Canadian operations and investments — and how Canada computes taxable income and surplus.
- Changes in how each country calculates "effectively connected" income from branches or partnerships.
- The current status of U.S. and Canada taxation of royalties and intangible assets held by companies across the border and treatment of stock vs. asset acquisitions.
- Strategies for planning for Canadian GST and consumption taxes.
Following the speaker presentations, you’ll have an opportunity to get answers to your specific questions during the interactive Q&A.
TELECONFERENCE CD
Purchase a CD-ROM of the full conference proceedings, including Q&A and PDF files of all handouts (available 10 days after the program).
- Teleconference CD Price $247
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
Self-study CPE is not offered on CD purchases.
CONTINUING LEGAL EDUCATION
CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT.
Other states may grant CLE credits for listening to this CD — check with your state about applying for self-study credit on CD-listening.