56. Operating Abroad - Risks and Reporting

Track: 
Tax
Field of Study: 
Taxes
CPE Credit: 
1.5
Knowledge Level: 
Intermediate
Advanced Preparation: 
None
Prerequisite: 
Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements. General experience working in, or auditing, not-for-profits, including those NFPs audited under GAGAS.

Wednesday, June 20, 2018
 
7:30AM-8:45AM

For a not-for-profit to implement activities internationally, it must navigate various risks and challenges, which include complying with in-country requirements as well as reporting back to the IRS. This session will provide a blend of technical and practical advice for attendees, covering a wide range of topics from the elements that contribute to in-country tax and regulatory exposure (permanent establishment, entry and exit considerations, and “traps for the unwary” with respect to employee travel on a global scale) to Form 990 Schedule F reporting.

Learning Objectives:

  • Participants will come away with key risk areas contributing to in-country tax exposure.
  • Participants will gain insights into reporting foreign activities on the Form 990, including Schedule F.


SESSION SPEAKER(S)

Senior Manager, KPMG LLP
CPA
Partner, KPMG LLP