Kristin Konschnik will speak at a webinar entitled International Tax Compliance: Navigating Tax Implications of Cross-Border Activities on 7 March 2024. She and her co-panelist, Olga Beloded, will discuss the complex aspects of the US international tax rules and international tax compliance, including an Overview of US international tax rules and reporting and compliance obligations, planning for cross-border activities, current IRS issue-based international tax examination focuses and handling FBAR and international information return audits and appeals. The webinar will include discussion regarding tax compliance in connection with certain cross-border reorganizations (Form 5471) and transactions with related parties for certain foreign-owned U.S. corporations (Form 5472) and gifts from foreign persons (Form 3520), among others.
International tax reporting and compliance is a significant area of current IRS focus and it is important for taxpayers and practitioners to be alive to the complexities involved.
