Operating Abroad - Risks and Reporting

Speakers: Tim Stiles; Curtis Saueressig

Format

Video

Level

Intermediate

Duration

1h15m

For a not-for-profit to implement activities internationally, it must navigate risks and challenges, including complying with in-country requirements and reporting to the IRS. This session provides a blend of technical and practical advice.

Learning outcomes

Idenfity key risk areas contributing to in-country tax exposure.
Determine how to report foreign activities on the Form 990, including Schedule F.

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Product information

Overview

For a not-for-profit to implement activities internationally, it must navigate various risks and challenges, which include complying with in-country requirements as well as reporting back to the IRS. This session provides a blend of technical and practical advice for attendees, covering a wide range of topics from the elements that contribute to in-country tax and regulatory exposure (permanent establishment, entry and exit considerations, and "traps for the unwary" with respect to employee travel on a global scale) to Form 990 Schedule F reporting.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:	Basic knowledge of not-for-profit operations, auditing, accounting and/or compliance requirements.
Programme level:	Intermediate
Duration:	1h15m
Format:	Video
Access:	This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Speakers

Tim Stiles
"Timothy A. A. Stiles Partner KPMG LLP 345 Park Avenue New York, NY 10154 Tel 212-872-5955 Fax 415-358-8385 Cell 415-297-5887 taastiles@kpmg.com IDAS, Global Chair DEO, National Practice Leader Background Timothy (?Tim?) Stiles is the Global Chair of KPMG?s International Development Assistance Services (IDAS) Practice and has responsibility for the global delivery of KPMG?s services to organizations operating in the development sector. He is located in the firm?s New York office. In addition to his IDAS responsibilities, he is also the National Practice Leader of KPMG?s Development and Exempt Organizations (DEO) practice, is the chair of the KPMG Global Public Sector Tax steering committee, and serves as the Global Executive Partner for the United Nations. Tim also was instrumental in founding KPMG?s Global Grants Practice in 1999 as well as KPMG?s national EXOTAX practice in 1995. He has served in the exempt division of the firm?s Washington National Tax Practice. Professional and Industry Experience Mr. Stiles has over thirty years of experience providing services to development and tax exempt organizations. His clients have included social service organizations, institutions of higher education, hospitals, governmental entities, museums, foundations, bi- and multi-lateral organizations and other entities with local, national, and multi-national operations. He focuses exclusively on serving not-for-profit organizations, development agencies, universities, family foundations, corporate foundations, and private foundations, and other grant-making organizations. Mr. Stiles currently heads KPMG?s Development and Exempt Organizations practice, assisting organizations making grants and funding projects for a variety of charitable purposes in over 145 countries on six continents. His program has participated in more than 4,000 grants and projects valued at more than US $6,000,000,000. In addition, he has experience on special projects involving: ? Grant Program Design; ? Expenditure responsibility and Program Related Investments; ? Corporate citizenship and sustainability strategies; ? Impact investing and structuring arrangements; ? Tax consultations and other considerations of foreign operations; ? Functionality-related business considerations; ? Program monitoring, measurement, and value; ? Jeopardy investments, self-dealing and excess business holdings; and ? Benchmarking and landscaping of not for profit initiatives. Other Activities ? Member, Women Corporate Directors Governance Committee ? Member emeritus, KPMG National Diversity Advisory Board ? Global Chairman, International Development Services Practice ? Founding Partner, Global Grants Practice ? National Practice Leader, Development & Exempt Organizations (DEO) Practice ? Chairman, KPMG Global Public Sector Tax Steering Committee ? Chair, CHAI Audit and Finance Committees ? Board Member, African Population and Health Research Center Professional Achievements ? Mr. Stiles is a member of the American Institute of Certified Public Accountants. He is licensed in California, New York, and Washington.

Curtis Saueressig is the lead manager for KPMG?s International Tax Exempt Services (ITES) practice and specializes in helping higher education and other not-for-profit organizations better understand and confront the challenges they face when pursuing global opportunities.
Curtis Saueressig
Curtis has 15 years of experience in organizational consulting, compliance, and program design within the non-profit and international development sectors; secondary education; and community-based development initiatives both internationally and in the United States. Curtis is based in Atlanta, Georgia.