2014 High Tech Tax Institute

Monday November 10, 2014




7:30 – 8:15  

Registration & refreshments


8:15 – 8:30



Don Blach.; President – TEI Santa Clara Valley Chapter

Eli J. Dicker, Executive Director - Tax Executives Institute, Inc.

Annette Nellen, MST Program Director - SJSU

8:30 – 10:10

International High Technology U.S. Tax Current Developments  [file]

Comprehensive review of developments relevant to high tech companies.


Jim Fuller, Partner - Fenwick & West LLP [bio]


10:10 – 10:30



10:30 - noon

BEPS and Typical High Tech International Structures  [file]

 How are the BEPS action items likely to affect typical high tech structures,  including treatment of  intangibles income and proposed country by country reporting? Are countries getting out ahead of the OECD in making changes?





Holly Carmichael, Partner - BDO [bio]

Gary Sprague, Partner – Baker & McKenzie, LLP [bio]

Robert B. Stack, Deputy Assistant Secretary for International Tax Affairs - Office of Tax Policy, US Treasury Department

Brett Weaver, Partner - KPMG [bio]

Noon – 12:40



12:40 – 1:35

Luncheon speaker

BloombergBNA article by Joyce Cutler - "U.S., OECD Seek to Smash ‘Cash Box' With Coordinated Effort on Intangibles" - Reproduced with permission from Daily Tax Report 218 DTR G-4 (Nov. 12, 2014). Copyright 2014 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com

Robert B. Stack, Deputy Assistant Secretary for International Tax Affairs - Office of Tax Policy, US Treasury Department

1:40 – 3:30


Doing Business in Brazil [file]

Update on tax rules, tax issue resolution, transfer pricing, withholding taxes, and business strategies.







IRS Examination Developments for High Tech Firms  [file]

  A review of best practices, the new IDR process, effective tax administration and the relevance of possible tax reform.


Leonardo Homsy, Partner - Campos Mello Advogados - Brazil  [bio]

Andy Mattson, Partner – Moss Adams LLP  [bio]

Hugo Amano, Partner - BDO Brazil [bio]


Patricia C. Chaback, Executive Director – EY; former Industry Director for CTM, IRS  [bio]

Cheryl P. Claybough, LB&I - Industry Director for Communications, Technology & Media – Internal Revenue Service -invited

Larry R. Langdon, Partner - Mayer Brown LLP; former Commissioner LMSB, IRS [bio]

Tony Shabazz, LB&I - Territory Manager for Communications, Technology & Media – Internal Revenue Service - invited


3:30 – 3:45



3:45 – 5:15


 FATCA and Its Relevance to High Tech Companies  [file]

 The Foreign Account Tax Compliance Act (FATCA) is generally viewed as relevant to foreign financial institutions as well as individuals with foreign financial assets to report. Yet, the reach of FATCA can be broader with even high tech companies potentially required to deal with its reporting and withholding requirements.



Virtual Currency – Virtual Tax Effects Too? [file]

  .An examination of the types and uses of virtual currencies and the international, federal and state tax considerations in using it.


Pamela Endreny, Partner - Skadden [bio]

Peter Larsen, Senior Manager - Deloitte

Dharmish Pandya, Partner – DLA Piper [bio]



Rob Massey, Partner – Deloitte

Annette Nellen, Professor and MST Program Director -SJSU [bio]

Eric Ryan, Partner – DLA Piper; Adjunct Instructor - SJSU


Tuesday November 11




7:30 – 8:00

Registration & coffee


8:00 – 9:15

Accounting for Income Taxes [file]

  A review of new developments relevant to high tech firms, including PCAOB activities and how tax reform effects the provision.

Amy Chan, Director – KPMG LLP

Irine Dibowitz, Executive Director - EY

Patrice Mano, Partner - Deloitte [bio]

Jesus Ochoa, Tax Director - PwC [bio]

9:15 – 10:15




Surviving Federal and California Audits of the Research Tax Credit  [file]

  New approaches and strategies for examining the credit, recordkeeping considerations, and more.




European VAT Developments  [file]

   Current developments and issues of VAT compliance, planning and controversy for high tech firms.


Carolyn Driscoll, Senior Manager – Moss Adams LLP[bio]

William Boulet, Director - Deloitte [bio]

John Scacco, Partner - PwC [bio]


Sandy Nicolson, Principal – KPMG LLP

Jan Snel, Partner - Baker & McKenzie [bio]


10:15 – 10:30




10:30 - noon


State Tax Incentives – Including California!

 Most states have fairly generous incentives for manufacturing, R&D, hiring and more. But, there tend to be numerous restrictions on how and when to claim them. California has new incentives in place with significant accountability measures. This program will review key incentives for high tech firms and tips for claiming them.



M&A Developments and Internal Restructurings  [file]

  Domestic M&A and spin-off developments and transactions; cross-border transactions (including inversions), effect of CFC/PFIC rules; S corporations and other passthrough acquisitions, state tax planning.

Robyn Davis, Senior Manager – Moss Adams LLP

Scot Grierson, Partner – Grant Thornton [bio]

Brian D. Pedersen, Managing Director - Alvarez & Marsal Taxand, LLC



Gabe Gartner, Principal - PwC [bio]

Ivan Humphreys, Partner - Wilson Sonsini [bio]

David Hering, National Tax M&A Partner – KPMG LLP

Mark Jewett, Director – M&A Tax – Amazon.com [bio]
12 - 12:40 Lunch  
12:40 - 1:25 Luncheon Speaker

For the Microelectronic newsletters Steve mentioned, clickhere and then look for Schreiner.

Stephen P. Sedler, Senior Vice President of Tax and International Trade Administration - Seagate Technology

 Silicon Valley Tax Perspectives - 
Past, Present and Future

1:30 – 2:45



The Digital Economy and New Ways Countries Want to Tax It  [file]

  The OECD and some countries (including the U.S.) have suggested new approaches for taxing the digital economy. This panel will explore the BEPS report, congressional tax reform proposals, and those of a few other countries and explain what it means for taxing international income. Federal tax issues and possible IRS guidance, such as on cloud computing, will also be covered.

Rod Donnelly, Partner – Morgan, Lewis & Bockius

Sadler Nelson, Partner - EY

David Forst, Partner – Fenwick & West, LLP [bio]

James O’Neal, Tax Principal - AMMC Law  [bio]

2:45 - 3



3:00 – 4:15

Executive Compensation  [file]

 Current trends and issues involving Section 162(m), fringe benefits, stock options, global mobility, multistate issues, and health care.

Handy Hevener, Partner – Morgan, Lewis & Bockius  [bio]

Jason Russell, Tax Director - Deloitte

4:15 – 5:30

Federal Domestic and State Tax Updates  [file]

  Recent developments in accounting methods, nexus, sourcing, digital goods, recent legislative activities, as well as the outlook for 2015.

James Besio, Executive Director - EY

Don Corbett, Tax Partner – Grant Thornton


High Tech Tax Institute Academy
Friday, October 17, 2014
Location - 
Plug and Play, 440 N. Wolfe Rd., Sunnyvale, CA  94085

Google map.





8:00 – 8:30 am

Registration and coffee/snacks

8:20 – 8:30


Annette Nellen, Professor and Director of the High Technology Tax Institute – San Jose State University [bio]

8:30 – 10:00

Understanding the Federal and California Research Tax Credits


Debbie Heard, Sr. Manager, KPMG LLP [bio]

Dan Mennel, Managing Director, KPMG LLP [bio]

10:00 – 10:15 


10:15 – 11:45

Inversions – Structuring and Basic Tax Rules

Brand0n Hayes, Partner - EY

11:45 – 12:30

Lunch (provided)

12:30 – 1:45

What’s a VAT?

Shoab Malak, Director, Global VAT Services -Deloitte  [bio]

1:45 – 2:00 


2:00 – 3:15 

BEPS – Basics, Relevance, Underlying Tax Principles and Policies

Taylor Reid, Partner – Baker & McKenzie LLP [bio]

Ivan A. Morales, Partner – Baker & McKenzie LLP[bio]

3:15 – 4:30 

Property Transactions Basics as a Foundation for Understanding Virtual Currency and Other E-Commerce Matters

Annette Nellen, Professor and Director of the SJSU MST Program – San Jose State University [bio]