Barry A. Furman, Principal, Kaplin Stewart Meloff Reiter & Stein, P.C. to Speak at TKG's Event

Top Quote This event is scheduled for August 4, 2017 from 12:00pm to 1:00pm (ET). End Quote
  • (1888PressRelease) August 04, 2017 - TKG, the leading producer of regulatory focused webcasts, has announced today that Barry A. Furman, Principal, Kaplin Stewart Meloff Reiter & Stein, P.C. will speak at The Knowledge Group’s webcast entitled: “Understanding Debt-Equity Classification and Factors: Impact and Implications of the New Debt-Equity Regulations.”

    For further details, please visit:
    https://www.theknowledgegroup.org/webcasts/tax-accounting-finance/taxation/understanding-the-impact-and-implications-of-the-new-debt-equity-regulations-live-webcast

    About Barry A. Furman
    Barry A. Furman is a principal of Kaplin Stewart with over 30 years’ experience representing a wide range of business clients in individual, corporate, and estates and trusts tax matters. These matters include corporate, healthcare, employment, and real estate law, as well as estate planning and administration. Prior to entering private practice, Barry served as law clerk to a United States District Court Judge and was Senior Trial Attorney with the Office of Chief Counsel for the IRS. Barry was awarded several merit awards by the Chief Counsel’s Office and has received accolades in private practice. He is especially fond of representing clients in tax controversies before the IRS Appeals Office and in the United States Tax Court, United States District Courts, and United States Claims Court.

    About Kaplin Stewart Meloff Reiter & Stein, P.C.
    Kaplin Stewart is a full service business law firm with a passion for the law, where creative thinking is the norm. We combine the depth and sophistication of a large business law firm with the agility and entrepreneurial spirit of a small firm. Our attorneys have a business acumen and background that are as diverse as the clients we serve. With offices in Blue Bell, PA, Philadelphia, PA , and Cherry Hill, NJ, we provide the business and legal savvy that our business clients need to compete and thrive. Learn more at www.kaplaw.com

    Event Synopsis:
    On October 13, 2016, the IRS issued regulations under Internal Revenue Code sec. 385 that impose documentary requirements for related-party debt to be treated as debt for U.S. federal income tax purposes. These controversial provisions automatically recharacterized as equity certain instruments used to fund such transactions as distribution or acquisition of stock within an “expanded group,” namely, a chain of corporations with a common parent connected by ownership at a set minimum level. Critics fear that the change could disrupt normal business operations, since the regulations look to the identities of the parties involved to determine debt vs. equity classification. The regulations may have implications for state and local authorities, which generally base their tax schemes on federal definitions.

    In this LIVE Webcast, a panel of thought leaders assembled by The Knowledge Group will discuss the background of the regulations, the problems they address and how they may change procedures for indebtedness between closely related corporate entities. The speakers will also address the principal criticisms raised against the regulations when proposed and the exemptions adopted in response, such as exceptions for certain foreign affiliates.

    Key topics include:
    -Debt-Equity Classification
    -General Factors Considered
    -Inter-corporate Debt
    -IRC Section 385 Overview
    -Recharacterization Rules
    -Documentary Requirements
    -General Rule vs. Funding Rule
    -Multinational Corporations
    -Exemptions for Certain Entities

    About The Knowledge Group/The Knowledge Congress Live Webcast Series
    The Knowledge Group was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register for an event, please visit: http://theknowledgegroup.org/

    ###
space
space
  • FB Icon Twitter Icon In-Icon
Contact Information