How disclosure requirements historically have factored into nonresident structuring decisions - detailing American disclosure requirements for each common type of investment structuring.
Under the recently-enacted Corporate Transparency Act, a number of anti-money laundering provisions have been passed; one especially relevant for multinational investors requires that a "reporting company" report the holders of its beneficial interests. This heightens nonresident disclosure requirements to the United States government - and, potentially, impacts prospective investment/activity structuring decisions.
In this program, we will cover how disclosure requirements historically have factored into nonresident structuring decisions - detailing American disclosure requirements for each common type of investment structuring. We'll then detail how the CTA impacts the decision making process for future investment.
Who should attend? CPA - small firm, CPA - medium firm, CPA - large firm, Enrolled Agent, Other
Recorded Date: May 12, 2021 Field of Study: Taxes
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Patrick is a partner with Culhane Meadows, a national law firm with a prominent international area practice. Patrick practices exclusively in the area of international taxation. He has extensive experience handling complex tax planning, structuring, and compliance issues for foreign businesses with United States operations, United States businesses with foreign operations and individual taxpayers with international ties. Patrick regularly works with advisors both in the United States and abroad to assist with their clients’ international tax issues. Patrick is a prolific contributor to many international tax journals, including Tax Notes and the Journal Of International Taxation. He is an active speaker and panelist for national seminars and webinars, including regularly scheduled presentations with CPAacademy.org on assorted international tax topics. Patrick holds a Juris Doctorate from Vanderbilt University Law School and an LL.M. from New York University School of Law. His bar admissions include Pennsylvania, Florida, New Jersey, and Georgia. Each year from 2016-2019, Patrick has been recognized by Super Lawyers as a Rising Star. Finance Monthly, a United Kingdom-based publication, named Patrick Estate Planning Lawyer of the Year (United States) for 2017 and 2018. Patrick and his wife reside in Phoenixville, PA.
