Schneidman to Give NYLS Lunchtime Lecture
New York Law School’s Graduate Tax Program is hosting a discussion titled Is the United States a Tax Haven for Foreign Nationals? It takes place Tuesday, February 21, 2017 from 12:30 PM to 2:00 PM.
The topic highlights the dramatic influx of foreign investment (and foreign financial institutions) into Wyoming, Nevada and Delaware, which strongly suggests that foreign nationals are creating entities there in which to hide the ownership of investment assets, including the proceeds of illegal activities, from their home taxing authorities. Tax lawyers and others who advise non-US clients need to be aware of their increasing moral, ethical and legal obligations and the risk of criminal prosecution in connection with facilitating such arrangements.
Len Schneidman has over 40 years of experience in international taxation. His work includes counseling clients on structuring and operation of private investment funds, advising high net worth foreign investors on U.S. investments and activities, helping U.S. and non-U.S. corporate clients with tax-efficient structuring of their business operations, and advising clients on the reporting of undisclosed income and/or foreign financial assets from offshore accounts through the IRS Offshore Voluntary Disclosure Program (OVDP) or Streamlined Filing Compliance Procedures, and Report of Foreign Bank and Financial Accounts (FBAR).
February 21, 2017
New York, NY