Nisivoccia LLP Hosts Seminar for Attorneys

On September 18, 2019, Glenn Schwier, CPA, J.D. presented “Foreign Corporations Inbound/Outbound: The Tax Basics & Dangers” for area attorneys. Topics included:

  • How did tax reform impact foreign subsidiaries?
  • Repatriation wasn’t just for big corporations such as Apple
  • What foreign taxes paid are eligible for a tax credit in the U.S.?
  • U.S. tax withholding rules on foreign owners
  • Controlled foreign corporations
  • When is controlled foreign corporation income taxable in the U.S.?
  • What is effectively connected income?
  • Foreign asset reporting requirements
  • Advantages of IC-Disc for exporters? Post tax reform impact on IC-Disc?
  • Passive Foreign Investment Corporation and the foreign mutual funds tax trap
  • Transfer of property to foreign corporation reporting requirements
  • Impact of tax treaties
  • Tax strategies for foreign corporation and owners

Please visit our Tax, Trust and Estate Planning to learn more about our services. 

For additional information, please contact Glenn directly on 973-298-8500 or