Correcting Corporate Foreign Tax Noncompliance: Identifying and Repairing Incomplete or Incorrect Filings, Strafford Live CPE Webinar
On Tuesday, October 29, Brian Gardner will participate in Strafford's live CPE webinar, "Correcting Corporate Foreign Tax Noncompliance: Identifying and Repairing Incomplete or Incorrect Filings."
Mr. Gardner and other professional panelists will offer corporate tax advisers best practices in identifying potential foreign information reporting noncompliance, and correcting and disclosing filing deficiencies. They will also discuss the most common issues in completing international information forms such as the FBAR, Form 8938, and Forms 5471 and 5472.
Other topics include:
- What are the penalty structures for non-willful and willful failure to file?
- What are the standards for "reasonable cause" abatement?
- What standards are used by the courts and the IRS to determine willfulness?
- How the remaining IRS streamlined procedures can be used to mitigate various penalties?
The webinar will also offer useful tools for remedying delinquent or incorrect foreign asset disclosure filings after the closing of the OVDP.
Learn more about Strafford's live CPE webinar.