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Instructor
David Warner
Instructor
This course will evaluate the U.S. tax implications of transferring U.S.-based assets outside the United States ("offshore") with a particular emphasis on IRS operations and the income tax and reporting obligations associated with moving assets outside the United States.
• Determine the rules associated with transferring U.S.-based assets outside the country.
• Recognize the potential issues and implications of transferring assets offshore.
• Identify the types of situations when transferring assets offshore makes sense versus when it might result in adverse income tax or criminal tax consequences.
• The IRS's ability to gather information and collect taxes from assets outside the United States
• The income tax and information reporting requirements for offshore assets.
• Potential criminal issues with transferring assets outside the United States
None
Working knowledge of U.S. income tax.
CPAs and other financial professionals advising clients on asset management.