PLEASE NOTE THAT THIS EVENT HAS BEEN CANCELLED
AmCham Tax Committee Luncheon
U.S. companies are increasingly providing equity compensation to employees who live abroad. Such grants may include stock options, restricted stock, and restricted stock units issued either directly from the U.S. company or from a foreign subsidiary. For U.S. taxpayers living abroad, such equity compensation creates multiple tax issues, both at the time of receipt, as well as upon disposition.
The presentation will provide an overview of the tax issues facing U.S. taxpayers living abroad who receive equity compensation. The presenters will focus on options for taxpayers to consider as they receive and sell equity throughout the lifecycle of a company, from startup to IPO. Topics will include: U.S. taxpayer status, vesting considerations (including section 83(b) elections and related tax-minimization strategies at time of grant), as well as options to minimize tax at the time of sale, such as qualified small business stock/rollover transactions, qualified opportunity zones investments, and expatriation.
About the speakers:
Public accountant and partner at Leung, Louie, lp & Co. LLP
Raymond Leung is a certified public accountant and a partner at Leung, Louie, lp & Co. LLP in Daly City, California. Ray’s focus is practice-development and providing consulting services to many closely-held businesses and their owners as well as high net-worth individuals and their families. Ray graduated from the Haas School of Business, University of California at Berkeley, receiving a B.S. Degree in Accounting and Finance. He also attended California State University East Bay in pursuit of his Masters Degree in Taxation.
Attorney and partner at Hanson Bridgett LLP
Christopher Karachale is an attorney and partner at Hanson Bridgett LLP in San Francisco, California where he advises individuals and businesses on a broad range of tax planning and tax controversy matters. Christopher publishes and speaks widely on a variety of topics including qualified small business stock and voluntary disclosures. He is certified as a legal specialist in taxation law and is regularly quoted in the national media on U.S. tax issues. Christopher received his undergraduate degree from Middlebury College, an M.A. from Stanford University, his J.D. from the University of San Francisco, and an LL.M. in tax from New York University.