CLE to Address U.S. Attack on Tax Havens

The ABA Section of International Law and the ABA Center for Continuing Education is sponsoring a teleconference and live audio webcast CLE entitled Will the American Assault on Tax Havens Finally Succeed?, on Thursday, Oct. 29, 2009. 

Here is a description of the program:

The White House, IRS, Treasury, and Justice Department crackdown on individuals and companies who improperly utilize tax havens has significant implications for investors and businesses worldwide. Our expert panel will review recent IRS initiatives, such as the expansion of the foreign account reporting and voluntary disclosure program and the enhanced enforcement of withholding tax compliance by non-financial businesses and financial institutions, and examine other international areas of IRS focus. The panel will discuss the Administration’s 2009 proposals to combat under-reporting of income through the use of accounts and entities in offshore jurisdictions and to reform the international tax system. In addition, recent developments in the UBS summons litigation, international information exchange agreements and treaties, and the OECD initiative will be presented.