Overview:
Congress, the White House and the IRS have all focused on hedge funds, because that’s where the money is. This 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
- Examine state and local tax developments affecting the hedge fund industry
Objective:
To provide financial and tax professionals with a knowledge of the latest legislative and regulatory developments affecting the taxation of hedge funds. You'll gain a clear understanding of what the new rules mean for your funds, what you need to do to comply and appropriate strategies to minimize their effect.
Emphasis:
- Guidance on the latest developments in Congress, the White House and the IRS
- Update on tax developments in the last twelve months
- New rules for taxation of commodities contracts and derivatives, particularly equity swaps and similar trades
- IRS attack on offshore lending funds: is it safe to go back in the water?
- State and local taxation of hedge funds, their investors and managers—dealing with revenue depleted states and municipalities
- Reporting under FBAR (foreign financial/bank accounts) and FATCA (new Chapter 4 withholding rules)
- 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.
