International tax aficionados should plan to attend the 2011 University of San Diego Law School/Procopio International Tax Institute on October 24-25, 2011, at the University’s Joan B. Kroc Institute for Peace & Justice in San Diego.  This year’s topics include:

  • FATCA (Foreign Account Tax Compliance Act) – Foreign Financial Institutions Duties in Identifying “U.S. Persons”
  • EB-5 Visas and the Myriad of U.S. and International Tax Consequences
  • Proposed Regulations for Spontaneous Information to Foreign Tax Authorities for Nonresident Alien U.S. Bank Deposit Accounts
  • Conflicts of Law Issues of Foreign Law and FATCA Requirements
  • Tax and Legal Issues of Doing Business in China
  • Mergers & Acquisitions of Hotels and Shopping Malls in the U.S.

The conference agenda includes both U.S. and Mexican speakers from private practice, government and academia.

There are some great topics this year, including a segment on the U.S. and international tax consequences of EB-5 Visas, which are of keen interest to many of our high net worth clients seeking to permanently relocate the U.S.  It can be a shock for a foreign client to hear that his or her worldwide income will become taxable in the U.S. upon becoming a U.S. resident for tax purposes, whether under an EB-5, an E-1/E-2 or a different category of visa.  Of course, no immigration plan should be undertaken without a full understanding of the tax consequences and proper tax planning before immigration is essential.

I also expect that the segment on tax and legal issues of doing business in China will be very interesting to U.S. businesses with China operations or seeking to enter the Chinese market.  In this regard, I would like to mention my friend Dan Harris of China Law Blog, which has years of excellent blog posts on this subject.

Mexico Law Blog is a sponsor of the Procopio International Tax Institute.