Schneidman to Panel a Session at the ABA’s Midyear Meeting
The American Bar Association (ABA) is one of the world’s largest voluntary professional organizations, with nearly 400,000 members and more than 3,500 entities. It is committed to doing what only a national association of attorneys can do: serving their members, improving the legal profession, eliminating bias and enhancing diversity, and advancing the rule of law throughout the United States and around the world.
Len Schneidman will be moderating a panel at ABA’s Tax Section 2016 Midyear Meeting in Los Angeles, CA on January 30, 2016. The panel, to be held at the corporate committee meeting, is titled “Tightening the Noose: IRS Proposes Regulations on Outbound Transfers of Foreign Goodwill and Workforce in Place”. In proposed regulations, the IRS tightened the rules under section 367 to tax the gain associated with an outbound transfer of foreign goodwill and workforce in place. The proposed regulations adopt an entirely different approach to taxing outbound asset transfers and, in effect, rewrite current law. The panel will analyze the proposed regulations and discuss their practical effects on tax planning by US multinational corporations.
Len 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, and helping U.S. and non-U.S. corporate clients with tax-efficient structuring of their business operations.
January 28-30, 2016
Los Angeles L.A.