AIMA invites you to a webinar on 20 June 2022.

Recent developments in US tax reporting introduced the “K-2” and “K-3” forms, which would subject Asian fund managers to provide greater details of certain specified information to its US investors. The new developments are particularly relevant to Asian managers, with its emphasis on the US investor’s income tax liability with respect its non-US investments.

The downside risk associated with failures by a fund manager to report accurate, and timely US tax information to its US investors cannot be overstated. Many Asian managers have historically managed this process manually, by using spreadsheets to compile and review its tax reporting information which is prone to human and clerical errors.

Faced with the challenges of an increasingly onerous and complex investor reporting obligations, what do Asian managers need to do now to ensure accuracy, timeliness and efficiency in its US investor tax reporting process? What tools are available to help Asian Managers re-imagine their US tax reporting processes?

Please join AIMA and KPMG for an US tax update session where we will discuss:

• US tax update
• Tax reporting information – an US investor’s point of view
• Practical ways to manage an effective, and efficient US tax reporting process
• Tax compliance and its interplay with tax planning, from an US investor’s perspective

Replay can be found here. 

APAC Webinar US Tax Update - Developments in US Investor Reporting for Asian.pdf 1

Speakers:

• Michael Bugel, Managing Director, Co-Head of APAC, AIMA
• Charles Ferentinos, Tax Technology Practice, Partner, KPMG LLP
• David Dietz, US Tax Partner, KPMG
• Ling Chen, US Tax Partner, KPMG
• Matt Sung, Audit Partner, KPMG
• Nader Karimi, US Tax Principal, KPMG LLP
• Timothy Chan, Managing Director, Washington National Tax – Pass-throughs, KPMG LLP