June 14, 2017
Offshore Disclosure, Cross-Border Tax Enforcement, Expatriation, Ethics and Other Hot Topics
- June 14, 2017
- Event Date: June 14, 2017 Add to calendar
- Time: 4:00pm – 6:00pm
- Location: Paley Rothman, 4800 Hampden Lane, Bethesda, MD 20814
Paul Marcotte presented on June 14, 2017 as part of STEP Mid-Atlantic - Advising Families Across Generations.
Paul, who Chairs the firm’s Tax practice group and is a member of its Estate Planning, Estate & Trust Administration and Nonprofit groups, gave a presentation on June 14 titled: "Offshore Disclosure, Cross-Border Tax Enforcement, Expatriation, Ethics and Other Hot Topics As Discussed Through Concurrent Wine Tasting."
The program included:
Basic reporting requirements for US persons with overseas assets including FBARs, Forms 8938, 3520, 5471, 8621, etc. and penalties; Remedial offshore compliance strategies - OVDP/Streamlined/other options; impact of FATCA; global enforcement trends including OECD Common Reporting Standard, Post-2008 expatriation exit and succession tax regimes (Sections 877A and 2801), decline of the common law revenue rule and enforcement of foreign tax laws in US; ethical and other issues in cross-border planning including impact of Supreme Court decision in Pasquantino v. US, gatekeeper, anti-money laundering and beneficial ownership disclosure initiatives here and abroad.
Scott Greenberg, the “Vine Guy,” hosted a wine tasting during course of the presentation focused on wines of particular countries.
This meeting also served as the annual membership meeting at which officers/board members were elected for the upcoming year. The annual meeting notice was sent out previously.
January 22, 2019
Paley Rothman is pleased to announce that Geonard Butler II and Robert Goodis have both joined its Family Law and Litigation practice groups as Associates.Read More
New law changes method of calculating size for small businesses.Read More
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys and relevant to our areas of practice.Read More