Economic Substance Codification Update: Impact on Audits and Transaction Planning (OnDemand Webinar)

$219.00

SKU: 411159EAU

Description

Understand the foundational principles of judicial doctrines relevant to taxation, including the economic substance doctrine, and its evolution over time.As seen in cases such as Liberty Global and Perrigo, the IRS is more frequently asserting arguments based on the economic substance doctrine and related penalties. This webinar will outline the evolution of this doctrine, the history of the IRS’ position, and the current cases. This webinar will address this doctrine manifesting in audits, penalty considerations, and how practitioners should evaluate economic substance arguments at the outset of transactions.

Date: 2024-05-15 Start Time: End Time:

Learning Objectives

Overview
• Background on Judicial Principles
• History of IRS Position
• Ongoing Controversies

Practical Considerations
• Audit Practices and Strict Liability Penalties
• Planning Considerations

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Samuel Lapin-Miller & Chevalier Chartered, Caroline Reaves – Miller & Chevalier Chartered