WEBCAST

Family Office Fridays: Considerations in Making a Section 962 Election

Webcast overview

Individual taxpayers (and certain trusts and estates) should consider if a special election under section 962 may be beneficial in reducing the overall effective tax rate associated with the taxpayer’s foreign investments. When pursuing such an election, taxpayers should be aware of the range of potential benefits and detriments associated with making this election, at both the federal and state level. To aid in such considerations, KPMG LLP (KPMG) is pleased to invite you to this TaxWatch webcast with members from the firm’s Washington National Tax practice for a discussion of the critical tax issues surrounding this important topic, including the following:

  • Discussion of the opportunities for certain individual taxpayers (and trusts and estates) with foreign investments to consider with respect to a section 962 election
  • Review of the benefits and detriments of taxpayers making such an election at the federal and state level, including the importance of modeling the current and future consequences of the election versus other planning, including a high-tax election
  • Consideration of recent IRS guidance concerning the ability to make a section 962 election belatedly for taxpayers who may have previously overlooked this provision

Please join us for what promises to be an insightful and informative webcast.

Featured speakers

Robert Keller

Robert Keller

Partner, Washington National Tax, KPMG LLP

Daniel B De Jong

Daniel B De Jong

Senior Manager, State and Local Tax Washington National Tax, KPMG US

Barbara E. Rasch

Barbara E. Rasch

Managing Director, International Tax, Washington National Tax, KPMG US

Justin Hill

Justin Hill

Partner, Tax, WNT - SALT Income & Incentives, KPMG US

Rose Jenkins

Rose Jenkins

Managing Director, International Tax, Washington National Tax, KPMG US

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