India Tax Webcast series
At EY, we regularly conduct the audio and video webcasts on most topical issues, updating you on the changing tax and regulatory norms, their possible implications on your business and opportunities to be leveraged.
Watch this space for upcoming webcasts
Tax and reporting requirements for US tax residents including US citizens and green card holders
Audio Webcast | Duration: 90 minutes
21 January 2015 at 06:00pm - 07:30pm (IST)
Greater enforcement of tax laws by Revenue Authorities around the world is putting enormous pressure on taxpayers. For better education on tax laws, our series of interactive webcasts on Cross Border Taxation will provide you information on tax obligations and trends across the world.
In the first webcast of the series on Wednesday, 21 January @ 6:00 p.m. (IST), we focus on “Tax and reporting requirements for US tax residents including US citizens and green card holders”. Advisors from our cross border taxation team - Lucy Lee, Marianne R. Kayan and Sonu Iyer shall discuss the following:
US tax and information reporting
- US tax and reporting requirements – Income tax returns and Information reports, including Report of Foreign Bank and Financial Accounts (FBAR)
- Traps for the unwary – reporting of interests in foreign companies and investments, foreign estates and trusts and receipt of foreign gifts and bequests.
Current trends in IRS enforcement
- Offshore Voluntary Disclosure Program and Streamlined Procedures
- Foreign Account Tax Compliance Act (FATCA)
Lucy S. Lee
Principal, Private Client Services, National Tax Department
Lucy Lee is a principal in Ernst & Young LLP’s National Tax Department and she serves clients as a part of the firm’s Private Client Services practice. She serves as the firm’s Liaison between Private Client Services and International Tax Services, bringing together the two groups to deliver 360° tax advice to global entrepreneurs and families with cross-border interests.
Marianne R. Kayan
Senior Manager, Private Client Services, National Tax Department
Marianne Kayan is a member of the Individual Global Tax Planning group in EY’s National Private Client Services practice, located in Washington, DC. Marianne provides technical guidance to high net worth individual clients and their affiliated entities on global tax planning matters. She regularly provides advice on pre-immigration planning to the US, both domestic and foreign trust taxation and compliance, foreign assets reporting, offshore voluntary disclosures, and US estate and gift tax planning in a cross-border context.
Partner and National Leader - Human Capital Global Mobility
Sonu, specializes in Tax and regulatory aspects of Employee Mobility including Social Security Regulation, Immigration Planning, Exchange Control, formulation of Global Mobility policies for Inbound and Outbound assignees, Tax Equalization Policies, Tax Planning and Compliance, Employee Deployment Structures and related framework of International Tax, Home & Host Country Tax and other areas such as designing compensation policies, stock based incentive plans etc.