Philip Garlett, Partner, Burt, Staples & Maner, LLP to Speak at KC’s The New FATCA Regulatory Guidance: Understanding Its Scope and How It Applies

New York, NY, September 14, 2010 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Philip Garlett, Partner, Burt, Staples & Maner LLP will speak at the Knowledge Congress’ webcast entitled: “The New FATCA Regulatory Guidance: Understanding Its Scope and How It Applies”. This event is scheduled for October 01, 2010 at 12:00 PM - 2:00 PM ET.

For further details, please visit: http://www.knowledgecongress.org/event_2010_FATCARG.html

Event Synopsis:

The new FATCA provisions (sections 1471-1474) in a very broad grant of authority leave much of its interpretation to the IRS and Treasury. This panel will discuss some of the most important aspects of that broad regulatory authority and will help you understand the new FATCA guidance, how it will impact affected entities, and what remains to be done.

The FATCA provisions have provoked comments from many foreign associations representing various types of entities (e.g., banks and insurance companies) that have a stake in how the FATCA provisions are applied. This panel will help you understand the concerns of the members of those associations and how they believe the regulations should provide relief.

About Philip Garlett

Philip Garlett joined the firm as a partner in October 2006. He has an extensive background in international tax matters acquired through both private and public sector positions. His bio from the firm website is below:

Prior to joining the firm, Mr. Garlett was the Special Counsel to the Deputy Associate Chief Counsel (Strategic International Programs) and the Deputy Associate Chief Counsel (International Field Service and Litigation) within the Office of Associate Chief Counsel (International). In that capacity, he served as the office's international tax shelter coordinator and the National Office contact for international tax matters arising out of the west coast region. He advised both National Office attorneys, IRS field attorneys, and attorneys in the Department of Justice on a broad range of international issues including foreign tax credits, foreign currency issues, subpart F and passive foreign investment companies, dual resident companies, hybrid financial instruments, partnership allocation issues and many other matters. He also worked on a number of issues arising out of the Joint International Tax Shelter Information Centre (JITSIC) and was active in training Chief Counsel attorneys and IRS examiners in tax shelter strategies. In addition, he served as the front office reviewer on regulations and other guidance on non-resident withholding and information reporting guidance projects.

About Burt, Staples & Maner, LLP

Burt, Staples & Maner LLP specializes in corporate tax, tax controversies, international tax planning and transactions, international tax expert witness service, U.S. withholding taxes and IRS information reporting as well as structured financing and international mergers and acquisitions. Most of the firm's work is for U.S. and European-based multinational corporations.

For more information about Philip Garlett, and Burt, Staples & Maner LLP, please visit: http://www.bsmlegal.com

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

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.” To contact or to register to an event, please visit: www.knowledgecongress.org.

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