Scott D. Davis, CPA, JD, Partner, WithumSmith+Brown, PC to speak at KC’s Event

NEW YORK - Oct. 29, 2015 - PRLog -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Scott Davis ,CPA,JD, Partner, WithumSmith+Brown, PC will speak at the Knowledge Congress’ webcast entitled “OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters: What it Means for Your Business in 2015 and Beyond LIVE Webcast.” This event is scheduled for December 16, 2015 @ 3:00 pm – 5:00 pm (ET).

For further details, please visit:

https://theknowledgegroup.org/event-homepage/?event_id=960

About Scott D. Davis, CPA, JD

A Partner in the firm’s National Tax Services Group and International Tax Group, Scott has over 25 years of experience in both public accounting and private industry. He has a thorough knowledge of real and personal property statutes on a national basis preparing returns in the states that require annual filing, real and personal property tax appeal and audit defense work. In addition, Scott specializes in coordinating cost segregation studies and property tax reclamations.

Internationally, Scott has strong experience in the preparation for both US and foreign entities in the area of transfer pricing to ensure compliance with Internal Revenue Section 482. Scott has also performed capital allowance studies in the United Kingdom to ensure compliance with Sections 198 and 199 of the HM Revenue and Customs (HMRC). He has appeared before the HMRC on audit defense of capital allowance studies. Scott also has been involved with tax strategy on the due diligence of M&A involving foreign investors looking to open operations in the United States.

About WithumSmith+Brown, PC

At WithumSmith+Brown, PC (WS+B), our foundation was built on the principle of world-class client service. The partners and principals of WS+B have been putting clients in positions of strength for over 40 years. A large Mid-Atlantic Firm, one of the Top 10 in New Jersey and one of the top 28 accounting firms in the U.S., WS+B brings clients the benefits of a larger organization without sacrificing the attention and personal service that one expects from a local business. Our clients represent a broad spectrum of industries and range in size from small, entrepreneurial startups to billion-dollar, publicly-held companies.  As a member of HLB International, we can provide a wide range of inbound and outbound international services to our multi-national client base.  For additional information please view our websitehttp://www.withum.com

Event Synopsis:

In July 2014, a new standard for automatic exchange and disclosure of financial information was released by the Organization for Economic Cooperation and Development (OECD). This document, The Standard for Automatic Exchange of Financial Account Information in Tax Matters, includes the Common Reporting and Due Diligence Standard (CRS) which will delineate the scope and nature of information that will be shared between countries, such as account information of individuals, trusts, and foundations.

In October, 2014, 51 countries signed a Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information. The Multilateral Agreement is based upon the Convention on Mutual Administrative Assistance in Tax Matters. It is unclear how the disclosures and exchange will integrate with existing bi-lateral arrangements such as FATCA.

In this CLE course, a panel of speakers assembled by The Knowledge Group will discuss OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters: What it Means for Your Business in 2105 and Beyond. The speakers will provide advice to help you determine the future need and extent of any compliance with the new regulation.

Some of the major topics that will be covered in this course are:

·         OECD Standard for Automatic Exchange of Financial Account Information in Tax Matters

·         Terms of Reference

·         Peer Review Process by the AEOI Group

·         Common Reporting Standard and Due Diligence Standard (CRS)

·         Standardization of Information Disclosure

·         Fundamentals of the Multi-lateral Competent Authority Agreement

·         Future Potential Compliance Issue

·         Integration with Other Bi-lateral Agreements

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress 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 to an event, please visit: www.knowledgecongress.org