© AMCHAM Thailand
On 19 August 2020, Jonathan Blaine (Thailand Tax Director & Head of Regional Compliance and Investigations Practice) moderated the event “U.S. Tax Planning – Why Invest in Thai & Offshore Funds”. The event was hosted by The American Chamber of Commerce in Thailand and held via an online video conference. In the webinar, the speakers, Matthew Stevens (Director if Taxation – Global U.S. Tax Plan) and Peggy Creveling (Executive Director – Creveling & Creveling) discussed U.S. income tax implications for shareholders of Passive Foreign Investment Corporation (PFIC). Attendees had the opportunity to dig deep on the processes and requirements for U.S. tax filing and reporting in order to avoid significant liabilities on not having reported on investments or income earned outside of the U.S. Moreover, the attendees also got to learn about the types of investments that can be useful and how best to report them on the U.S. 1040.
To know more about this past webinar, please click here.