|Programme Code :||20170911|
|Event Date :||11 September 2017 (Monday)|
|Venue :||Room UR8, SCOPE, 8/F, United Centre, Admiralty||View google map|
|Speakers :||Mr. Aaron Li, Associate Attorney, Hone Maxwell LLP|
|CPD Credit :||2 hrs|
|Proficiency Level :||Intermediate Level|
HK $ 250 for TIHK member / student
HK $ 350 for Non-member
HK $ 300 for members of organizations of CPD Alliance
I. Introduction of U.S. Entities
a. C Corporations
i. What is required to form a C Corporation.
ii. What are the benefits of forming a C Corporation.
b. S Corporations
i. What is required to form an S Corporation.
ii. What are the benefits of forming an S Corporation.
i. What is required to form a partnership.
ii. What are the benefits of forming a Partnership.
d. Sole Proprietorship
i. What are the benefits of forming a sole proprietorship.
e. Limited Liability Company
i. What is required to form a LLC.
ii. What are the benefits of forming a LLC.
II.Investing in the U.S.
a. What are common tax issues in investing in the U.S.
i. FDAP – Fixed Determinable, Annual, Periodical Income.
ii. FIRPTA – Real Estate Investment.
iii. ECI – Effectively Connected Income.
iv. Branch Profit Tax
v. Federal, State, and Local Tax.
b. What are some of the tax strategies and structures that can be used when investing in the U.S.
c. FATCA and CRS: You can invest in the U.S. without dealing with FATCA or CRS
Aaron Li practice focuses on international tax and federal, state and local tax issues, including tax planning, compliance, and controversy. Mr. Li advises clients on various international tax issues including the FBAR compliance, Offshore Voluntary Disclosure Program, FATCA, treaties, and IRS informational reporting. In addition, Mr. Li defends clients in audits with the Internal Revenue Service (IRS), Franchise Tax Board (FTB), State Board of Equalization (SBOE), and Employment Development Department (EDD). He assists client in collection issues including liens, levies, installment agreements, and offers in compromise.
Mr. Li grew up in Southern California, and he obtained his Bachelor’s degree in Economics from University of California, Riverside where he graduated with Honors. Mr. Li also earned his Juris Doctor and Masters of Laws in Taxation from the University of San Diego, School of Law. While in law school he worked in tax compliance, estate planning, and elder abuse litigation. He received the Outstanding Intern Award by the San Diego Elder Law and Advocacy.
Prior to joining this firm, Mr. Li worked as an associate attorney with a tax law firm where he defended individuals and entities in tax audits and collection. He was also the primary counsel who handled the firm’s international tax cases.
Outside of his practice, Mr. Li served as the President and board member for the San Diego Chinese Attorneys Association, a non-profit organization. As the member of the organization, Mr. Li would hold tax seminars and clinics in Mandarin Chinese to educate and help the Chinese speaking community.