This practical, hands-on legal training course is designed for legal and compliance professionals advising or managing foreign entities with U.S. tax or regulatory touchpoints. The course provides a deep dive into the U.S. reporting and disclosure landscape applicable to foreign-owned entities, foreign investors, and U.S. persons with foreign holdings. Participants will master both tax-related disclosures (e.g., Forms 5471, 5472, 8938, 8865, FBAR, BE-10) and non-tax filings under AML, sanctions, and beneficial ownership regimes, including the Corporate Transparency Act (CTA) and FATCA compliance.
This course focuses on real-world scenarios to equip legal practitioners and corporate advisors with the knowledge and tools needed to navigate audits, mitigate penalties, prepare compliance documentation, and structure reporting strategies.
Course Objectives
By the end of the course, participants will be able to:
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Identify key U.S. tax and regulatory reporting obligations applicable to foreign entities.
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Determine when foreign ownership triggers disclosure under IRS, FinCEN, and BEA rules.
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Prepare or supervise preparation of mandatory U.S. filings for controlled foreign corporations (CFCs), foreign disregarded entities, partnerships, and trusts.
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Advise foreign clients and investors on proactive compliance and audit defense.
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Implement compliance strategies for FATCA, FBAR, and the Corporate Transparency Act.
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Draft and manage required certifications, elections, and legal documentation.
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Coordinate multi-jurisdictional transparency obligations across global operations.
