The next installment of our International Tax Breakfast Series looks at an area of tax law where the exact application of a proposed rule remains uncertain. Please join us for “Recharacterizing Debt as Equity: How the Proposed Section 385 Regulations Will Impact Traditional Cross-Border Income and Estate Tax Planning.” The breakfast event will be held at the Bilzin Sumberg offices on Wednesday, November 9, from 8:30 a.m. to 10 a.m.
Bilzin Sumberg Tax Partners Summer Ayers LePree, Jeffrey L. Rubinger, Hal J. Webb, and Jennifer J. Wioncek will discuss the controversial proposal, which has been criticized for being overbroad with a potential harmful effect on ordinary domestic and international business transactions. Under the new Section 385, the IRS would be able to recharacterize certain debt instruments as equity for federal tax purposes.
Summer and Jeff have extensive experience at advising domestic and international clients on how to maximize tax-planning opportunities. Hal’s practice focuses on advising high net worth private clients in international tax and estate planning. Jennifer advises high net worth individuals and family offices in domestic and international trust and estate planning matters.
Please click here to RSVP and reserve your spot.