Tax Planning and Compliance for Multinational Families | 4162147B

Date :
December 2, 2016 8:30 AM - 4:30 PM
Location :
San Francisco
Facility :
MicroTek - San Francisco
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Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 8.00, MCLE 6.50
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International tax rules add a layer of complexity to cross-border investments, immigration and wealth transfers across borders. And noncompliance can spell enormous penalties. Redesigned for 2015-16, this course covers tax planning and compliance topics for multinational families, including situations where assets cross borders and family members changing from resident to nonresident and back. You will review the basics, as well as dive into selected subjects, including real estate investments; foreign trusts, corporations and PFICs; and expatriation rules for relinquishing citizenship or green card status.

Materials are provided as an ebook.


  • Identify tax principles that apply to nonresidents, residents and cross-border investments.
  • Determine what multinational families do, and what tax problems come up.
  • Determine how changing status between resident and nonresident affects how income is taxed, as well as estate and gift tax pitfalls.
  • Identify the default opening strategy for dealing with tax issues and how to change your strategy if contrary facts pop up.
  • Recognize federal tax compliance, what to file and what to do when something has not been filed.

Major Subjects:

  • How nonresidents are taxed
  • Determining status change from resident to nonresident or vice versa
  • Forms: 1040NR, 3520, 5471, 8621, FBAR, 8938 and more
  • Holding structures for inbound investments and wealth transfers
  • Foreign grantor and nongrantor trusts for multinational family wealth transfers
  • Real estate investments, including holding structures and financing strategies
  • Expatriation and the exit tax

Advanced Prep:


Misc. Information:

Pay the lowest price and save up to 60% with the CalCPA Education Foundation’s discount programs.

To ensure that all credit is properly recorded, please review your information and update your CPA, CFP, CTEC or Bar license number(s).

Level of Difficulty:
Field of Interest:


Designed For:

Tax practitioners who advise or prepare tax returns for nonresidents with U.S. investments or U.S. resident family members; U.S. residents who have foreign family members and receive gifts or inheritances from them, or do business with them.


Philip D.W. Hodgen, Esq, Esq.

Philip D. W. Hodgen is the principal attorney for HodgenLaw PC, which specializes in the international tax arena. He earned his bachelor’s degree from Claremont McKenna College and his juris doctor degree from the School of Law at the University of California, Los Angeles. He went on to earn a master of laws in taxation from the University of San Diego School of Law. For six years as a youth, he lived in Rhodesia, South Africa and New Zealand.

Admitted to the California Bar in 1982, Hodgen spent nine years in law firms and with a large U.S. bank before starting his own firm in 1991. He is a past chair of the International Tax Committee of the State Bar of California’s Tax Section, and was a member of the Executive Committee of the State Bar of California’s Tax Section from 2004-07. He is on the Organizing Committee for CalCPA’s International Tax Conference and its annual Tax Update and Planning Conference. Hodgen frequently speaks on a variety of international tax, trust and estate topics to attorneys, accountants, bankers, and real estate professionals.


  • Materials - ebook
  • Materials - Hardcopy Textbook