The use of pass-through entities (e.g., partnerships, subchapter S corporations, limited liability companies) continues to rise at a rapid pace. What are some of the key tax and non-tax considerations that inform this choice of entity classification as the principle vehicle for conducting business? How has tax reform altered (or further complicated) in-house tax professionals’ evaluation of the use of pass-throughs to structure or restructure their businesses? And what are the implications of the new centralized partnership audit regime to the increasing use of pass-throughs?
These and other questions will frame our program, an integrated two-day seminar to explore the U.S. federal, international, and state and local tax dimensions of planning for, structuring, documenting, and defending business operations that use pass-through entities.
The program will feature two substantive tracks, presented in a variety of instructional formats (including plenary and breakout sessions, fireside chats, etc.) to allow attendees to customize a curriculum that best suits their professional needs, including:
- The Business and International Tax Provisions of the Tax Cuts and Jobs Act – Impacts on Pass-through Entities and their Owners;
- The New Deduction for Qualified Business Income of Pass-through Entities (Section 199A);
- The New Centralized Partnership Audit Regime (Sections 6221-6241); and
- State and Local Tax Developments Affecting Pass-through Entities and their Owners.
This timely and important two-day seminar will take place at the Westin Kierland Hotel in Scottsdale, Arizona, on December 5–6, 2018.