Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Pre-Conference Information Return Reporting & Withholding Bootcamp

The 33rd Annual Forum - Tax Withholding & Information Reporting Conference, powered by Loscalzo Institute | Bootcamp

Agenda | Wednesday, October 10

9:00 AM - 12:00 PM | Morning Session (15- minute break included)

12:00 PM - 1:00 PM | Luncheon

1:00 PM - 4:30 PM | Afternoon Session (15-minute break included)


This session is a one-day intensive primer on the fundamentals of documentation, reporting and withholding rules relating to cross-border payments including Chapter 3 (NRA); Chapter 4 (FATCA); and Chapter 61 (domestic). Withholding agents need to know three different documentation, reporting, and withholding regimes, and how they relate to each other. The task is daunting. It is essential for withholding agents to take action now to avoid significant financial and reputational risks.

Using flowcharts and a case study approach with numerous real life scenarios and applications, we will illustrate the purpose of the rules and make the rules easier to remember and comprehend. Examples of scenarios that will be covered are:

  • An individual opens a bank account to collect payments made to his consulting company. What documentation is required, in the absence of valid documentation, and what withholding regime applies? Could FATCA be involved?
  • A foreign vendor provides goods, services, and intangible assets to a U.S. client. How are the various payments to be documented and reported? Could withholding apply to some but not all of the payments? Are expense reimbursements subject to reporting and possibly withholding? What would be the implications if an income tax treaty applied? What forms are used for reporting? Are any returns required by the withholding agent? Does FATCA apply? What happens if the vendor opens a bank account in the U.S.?
  • A foreign company makes investments underlying owners. Is FATCA implicated? If so, what is the interaction between FATCA and the nonresident alien withholding rules? If no documentation is provided, what are the presumption rules for determining whether FATCA, NRA reporting and withholding, or domestic withholding and reporting applies?

Through these and other real-life examples, participants are exposed to numerous applications and interactions of the various withholding and reporting rules. The bootcamp will provide specific information, in clear and comprehensible terms, on how the multiplicity of withholding and reporting rules will necessitate significant modifications to the current approach to information reporting and tax withholding.

Please join us in this engaging and interactive session and discover real-life solutions to scenarios you'll surely encounter. Walk away with the knowledge, information, and tools you will need to plan with confidence.


Cyrus Daftary (Discussion Leader)
Tax Principal, Information Reporting & Withholding

Philip Garlett
Executive Director

Karan Mosley
Barclays Capital

Who Should Attend?

  • Tax Department Personnel
  • Operations Department Personnel
  • Compliance Professionals
  • Internal/External Auditors
  • Trust Tax Representatives
  • Legal Counsel
  • MIS/Systems Professionals
  • Thrift Representatives
  • CPA Advisors
  • Accounts Payable Personnel