ITI 2010 Conference Agenda 
Monday October 4th, 2010
8:45 AM - 9:00 AM
Welcome Speech
Mary Jo Wiggins - Associate Dean and Professor of Law, University of San Diego School of Law
Patrick W. Martin - Procopio
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9:00 AM - 10:15 AM
Course 1: Professional responsibility issues in representing cross-border clients: SAPI Hypothetical (Check the Box Planning)
- Operations in multiple jurisdictions, Circular 230 issues, scope of legal representation
- Which tax advisor in which country is responsible for which laws?
Moderator: Enrique Hernández - Procopio
Magistrado Gustavo Esquivel Vázquez, Mexican Tax Court Justice
Lic. Carl E. Koller Lucio - Parás, S.C. Asesores Fiscales
Lic. Aristóteles Núñez Sánchez - Sate Tax Under-Secretary (Estado de México)
Ley de Protección al Comercio y la Inversión
Legal & Ethical Duties of Consulting in International and Cross-Border Cases
SAPI Hypothetical: A new advisor comes to know the situation in 2010
Legal & Ethical Duties of Consulting in International and Cross-Border Cases
Reforma Fiscal Necesaria
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10:15 AM - 10:30 AM
Break
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10:30 AM - 11:45 AM
Course 2: FATCA - The Foreign Account Tax Compliance Act
-New IRC Sections 1471-1474
-New agreement to enter into with the IRS to identify U.S. account holders
-New certification requirements of foreign and U.S. persons
Moderator: Patrick W. Martin - Procopio
Bettie Ricca - Deputy Associate Chief Counsel, (International) IRS
Joseph M. Calianno - Grant Thornton LLP
Lic. Andres Fuentes - Citigroup/Banamex
FATCA - The Foreign Account Tax Compliance Act
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10:30 AM - 11:45 AM
Course 2A: Transfer Pricing; Recent Developments
- Update of U.S. Tax Cases
- Current Developments
Moderator: Jon P Schimmer - Procopio
Joseph L. Tobin - Attorney-Advisor Department of the Treasury IRS
Kathrine Kimball - CRA Charles River Associates
Lic. Simon Somohano - Deloitte
Transfer Pricing: Recent Developments
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11:45 AM - 12:45 PM
Course 3: Revisiting the U.S.-Mexico Mutal Agreement Procedure and Recent Developments
- Application to Flow Through, Hybrid Entities, Fiscally Transparent
- Limitation of Benefits Provisions (Anti Treaty Shopping Provisions)
- Current Treaties in Negotiation - Latin America Network
Moderator: Abel Mejia - Procopio
Seth J. Entin - Greenberg Traurig
Eduardo Ocampo Gayón – Muñoz, Manzo y Ocampo, S.C.
Robert Green, Skadden, Arps, Slate, Meagher & Flom LLP
Revisiting the U.S. - Mex MAP and Recent Developments
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11:45 AM - 12:45 PM
Course 3A: Repeal of the Estate Tax 2010; Effects on planning for nonresident aliens; What to expect for 2011
- Onshore and Offshore Planning for Mexican Clients with US Contacts
- Step up basis issues; Record keeping requirements; Constitutionality of retroactive tax?
- Senate Bill - 3533 "The Responsible Estate Tax Act (RETA)"
This panel will discuss various Mexican and US tax issues and challenges faced by advisors working with Mexican clients that have US contacts, including US family members and US assets. The panel will carry on the discussion based on practical case scenarios similar to the ones that the panelists face in their everyday practices and will provide practical cross border tax and estate planning ideas.
Moderator: Enrique Hernández - Procopio
Claudia Caffuzzi - JPMorgan Chase & Co.
Lic. Carlos E. Naime - Chevez, Ruiz, Zamarripa y Cia, S.C
Onshore and Offshore Planning for Mexican Clients with U.S. Contacts
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12:45 PM - 2:00 PM (Lunch)
Course 4: International Tax "Current State & Play"
Mr. Hal Hicks, International & Corporate Tax Partner - Skadden, Arps, Slate, Meagher & Flom LLP
Overview of U.S. International Tax Administration Infrastructure
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2:15 PM - 3:30 PM
Course 5: International Joint Ventures - Tax Problems, Structuring the Deal with Cross Border Partners
- Final Regulations - Amending anti-abuse rule of Treas. Reg. § 1.704-3(a)(10)
- Drafting partnership and LLC agreements under IRC § 704©
Moderator: Patrick W. Martin - Procopio
Terence Cuff - Loeb & Loeb
Rufus Rhoades - Rhoades
Lic. Gabriela Pellón Martínez - Ortiz, Sainz y Erreguerena, S.C.
Tax Matters: The case of Joint Ventures
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2:15 PM - 3:30 PM
Course 5A: Article 33 – Maquiladoras
Moderator: C.P.C. Héctor García - Gossler, S.C.
Lic. Armando Lara Yaffar – Secretaria de Hacienda y Crédito Publico SHCP (México)
C.P.C. Emilio Cadena – Prodensa
Lic. Eduardo Zepeda - Consejo Nacional de la Industria Maquiladora y Manufacturera de Exportación, A. C
Régimen Fiscal Aplicable a Maquiladoras en México
IMMEX Decree Amendments Article 33
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3:30 PM - 4:00 PM
Break
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4:00 PM - 5:30 PM
Course 6: International Tax Audit Developments - Specialization of Groups in International Taxation
- FBAR proposed regulations regarding foreign accounts; operating accounts in foreign jurisdictions for mobile
property; planes, boats, etc.
- IRS Appeals Officers - Important Role in Managing Audit Cases
Moderator: Patrick W. Martin - Procopio
Hal Hicks - Skadden, Arps, Slate, Meagher & Flom LLP
C.P.C. Manuel Marrón - BDO Mexico
Gordon Gidlund - Associate Area Counsel, Internal Revenue Service
Lic. Jorge E. Correa Cervera, Administrador de Normatividad Internacional- SAT
A general overview of Mexico's international tax audit developments
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6:30 PM - 7:30 PM
Reception at 525 B street, suite 2200, San Diego, Ca 92101
Tuesday October 5th, 2010
8:30 AM - 9:45 AMCourse 7: Detecting Tax Fraud - Utilizing Exchange of Information Provisions in Income Tax Treaties
Moderator: Eric D. Swenson - Procopio
Gordon Gidlund - Associate Area Counsel, Internal Revenue Service
Jacob Russin, Attorney - IRS Counsel, ACC (International)
David J. Sotos - Skadden, Arps, Slate, Meagher & Flom LLP
Lic. Jorge E. Correa Cervera, Administrador de Normatividad Internacional- SAT
Exchange of Information
IRS Foreign Information Gathering
Mexico within the exchange of information framework
Summons Info
Mexico: Exchange of Information Agreements 1989
489 U.S. 353, 109 S.Ct. 1183
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9:45 AM - 10:50 AM
Course 8: U.S.-Canada Income Tax Treaty - Fifth Protocol (LLCs, Hybrid Entities)and Other Treaty Developments
- Container Corp. v. Comm'r - U.S. Parent Guaranty and Sourcing of Fees Income
Moderator: Jon P. Schimmer - Procopio
David J. Sotos - Skadden, Arps, Slate, Meagher & Flom LLP
Michael Welters - Bull Housser & Tupper LLP
Lic. Edgar Klee - Turanzas, Bravo & Ambrosi, S.C.
Hybrid Entities and the 5th Protocol: The Canadian Perspective
U.S.-Canada Income Tax Treaty – Fifth Protocol (LLCs, Hybrid Entities) and Other Treaty Developments
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9:45 AM - 10:50 AM
Course 8A: Codification of the Economic Substance Doctrine
- New IRC Section 7701(o); New 40% penalties; Rendering of "more likely than not" tax opinions;
- Comparisons to Mexico's doctrine of "asimilación
- Proposed IRC Section 710; ordinary income conversion . . .
Moderator: Rufus Rhoades - Rhoades
Karen C. Burke, Warren Distinguished Professor of Law - University of San Diego
Lic. Luís Santos Theriot - Santos-Elizondo-Cantú-Rivera-González-de la Garza-Mendoza, S.C.
Interpretation of Tax Statutes Under Mexican Law
Codification of Economic Substance Doctrine
Notice 2010-62; 2010-40 IRB 1
Codification of the Economic Substance Doctrine; Pending Carried Interest Legislation
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10:50 AM - 11:00 AM
Break
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Course 9: Mexico's IETU - Final Resolution by IRS/Treasury?
Is IETU still a tax available for the U.S. foreign tax credit?
How can business owners plan for future tax characterization of the IETU that does not allow a deduction for employee salaries/labor costs?
When might Treasury/IRS complete their study regarding definitive tax treatment?
Moderator: Enrique Hernández - Procopio
Patrick W. Martin - Procopio
Lic. Juan Carlos Roa, Secretario - Suprema Corte de Justicia de la Nación (Mexican Supreme Court Clerk)
Lic. Oscar Molina Chie - Subprocurador de Amparos de la Procuraduría Fiscal de la Federación (SHCP)
Lic. Victor H. Ramos Carlos - Aréchiga & Ramos abogados
MEXICO'S IETU - Final Resolutions by IRS/Treasury? - Lic. Juan Carlos Roa
MEXICO'S IETU - Final Resolutions by IRS/Treasury? - Lic. Oscar Molina Chie
Tesis IETU - Lic. Juan Carlos Roa
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Knowledge Network Session -(Not Included)
Private round table sessions of 10 participants talking on a specific topic to share and exchange knowledge and professional experience:Tuesday October 5th from 2:00pm to 3:30pm
Table 1 Topic: "Cross Border Life Insurance & Executive Benefits"
Moderator: Don Carter - CopperStone Partners
Table 2 Topic: "FBAR Fillings - Current Developments (Foreign Persons and Foreign Bank Accounts)"
Table 3 Topic: "Migration of Foreign Trusts - Multi-National Beneficiaries"
Table 4 Topic: "Transfer Pricing"
Moderator: Kathrine Kimball - CRA Charles River Associates
Simultaneous Spanish/English translations will be available.
Earn MCLE Credits: The University of San Diego School of Law is a State Bar of California approved MCLE provider, and certifies that this activity is approved for MCLE credit in the amount of 11.50 hours of general credit.
CPE Credits: This organization follows the CE guidelines specified in the California Board of Accountancy Regulations. Total amount of CPE credit: 11 hours.
