Leader(s):

Hedge Fund Taxation: New Developments

Recent IRS focus on hedge funds has created a host of new taxation issues you need to be aware of. This up-to-the-minute seminar by a hedge fund expert identifies these issues and what they mean for the hedge fund industry. You will: * Evaluate new legislative developments and their tax implications for hedge funds * Analyze new issues for hedge fund structuring and tax reporting * Review hedge fund tax accounting developments * Explore industry practices for coping with difficult issues for which the IRS has not provided guidance

OBJECTIVE:

EMPHASIS:

Guidance on the latest developments in Congress and the IRS

Update on tax developments in the last twelve months

IRS attack on offshore lending funds—what's the latest

State and local taxation of hedge funds, their investors and managers—dealing with revenue depleted states and municipalities

FBAR reporting on foreign bank accounts and financial accounts

Section 409A deferred fee plans after the enactment of Section 457A

Tax developments for alternative asset class funds—including structured settlements, annuities, life settlements, distressed debt and other distressed asset strategies

Note that topics will change as matters lose their immediacy

to make way for the latest developments.