May 18, 2017 - 12:00 PM - 2:00 PM EST

Moving Money Overseas and Back: What Every Nonprofit Operating Internationally Needs to Know

This event has already occurred.
Venable LLP & Video Webinar
600 Massachusetts Avenue, NW
Washington, DC 20001

Moving Money Overseas and Back: What Every Nonprofit Operating Internationally Needs to Know


Update: This event has already occurred. Please click above to listen to and view the recorded webinar, click here to view presentation materials from the event, and visit our Venable LLP Nonprofit YouTube channel to listen to and view all of our recorded webinars on nonprofit legal topics.

Operating internationally has never been more popular, or more complicated. The new administration has expressed a preference to support domestic operations; therefore, it is anticipated that the scrutiny associated with the cross-border movement of money and services will remain a focal point for enforcement. In addition to understanding and observing the critical legal and tax implications and associated formation and reporting obligations, nonprofit entities must also operate in line with the complex and ever-evolving anti-corruption and sanctions programs. Compliance (US and local) for international operations are of critical importance from a legal and day-to-day operational perspective. Cash movement across borders have consequences ranging from foreign currency control issues to local language requirements. Moreover, for those organizations engaging in international grant-making, the IRS continues to closely scrutinize grant-making practices to ensure compliance with regulatory requirements and recommended best practices. If you are interested in enhancing your knowledge of the associated formation, taxation, accounting, and regulated trade issues and concerns, this program is for you.

Using practical examples, this panel will discuss the tips and traps associated with a nonprofit’s movement of money to and from the United States and, of course, provide an opportunity for you to ask the difficult questions facing your organization.

Schedule:
12:00 p.m. - 12:30 p.m. ET - Networking Luncheon
12:30 p.m. - 2:00 p.m. ET - Program/Video Webinar

Speakers:
Lindsay B. Meyer, Esq., Partner and Chair of the International Trade and Customs Practice, Venable LLP
Friedemann Thomma, Esq., Partner, Tax and Wealth Planning Practice, Venable LLP
Yosef Ziffer, Esq., Partner, Tax and Wealth Planning Practice, Venable LLP