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International Tax and Transfer Pricing in the Metaverse

INTERNATIONAL TAX AND TRANSFER PRICING IN THE METAVERSE

Cost Free
Presentation Length 1.0 hour

Recorded DateNovember 8, 2022
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

This session will be a panel of international tax and transfer pricing professionals with expertise in digital asset, blockchain, and metaverse commerce. The panel will describe some of the newer business models they are encountering along with the unique challenges that accompany these models. This webinar will also offer some solutions so you can advise clients operating in this space.

Learning Objectives:


  • List some of the new business models opearating in the metaverse that involve digital currencies and blockchain technologies

  • Identify the unique international tax and transfer pricing challenges facing these enterprises

  • Recognize some potential approaches to servicing clients in this space

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Chaya Siegfried, CPA, MST

WithumSmith+Brown, PC
Lead, Withum's International Business Tax
[email protected]
(732) 759-6835

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Chaya is the Lead of Withum’s International Business Tax with more than ten years of professional experience, including public accounting and private industry. She has expertise in advising U.S. and foreign multinational companies on their international operations’ tax implications and coordinating U.S. tax laws with foreign tax laws to develop an optimal worldwide tax strategy.

Chaya is fluent in the rules and regulations regarding controlled foreign corporations, PFICs, withholding taxes, income tax treaty analysis, check-the-box planning, FIRPTA, and foreign informational reporting forms. She is responsible for a variety of assignments with domestic and international companies, including tax due diligence, tax compliance, tax provision, and uncertain tax positions; global tax minimization planning; subpart F analysis and computation; foreign tax credit studies; earnings and profit studies; acquisitions and dispositions of operating units; and other related matters.

She formerly worked for PwC and global hedge fund Caxton Associates.

Chaya is a licensed CPA in the State of New York. She received her MST degree in Taxation from Golden Gate University and her Bachelor of Science degree in Business Administration from the State University of New York.

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Marina Gentile

WithumSmith+Brown, PC
Partner, Lead, Global Transfer Pricing Strategies
[email protected]
(212) 829-3244

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Marina is a senior manager with over 20 years of extensive experience in providing all aspects of global transfer pricing services to multinational firms operating in various countries and across multiple industries.

She advises clients with regard to the market/arm's-length nature of their transfer pricing structure related to cross border transfers of tangible goods, intellectual property (technology or marketing intangible assets developed, such as proprietary software/hardware/processes, trademarks, trade names, brand names), administrative and other services, and intercompany financing.

The global transfer pricing services Marina provides include transfer pricing documentation for tax compliance purposes, transfer pricing planning analyses for start-ups or restructuring or globalization of operations, transfer pricing analyses to support corporations world-wide tax minimization strategies, analyses to support negotiations with multiple tax authorities for advance pricing agreements and tax controversy/audit defense situations.

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Bob Bamsey

WithumSmith+Brown, PC
CFO/Controller/Director of Finance/Director of Tax
[email protected]

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Bob has been advising clients in transfer pricing and tax matters in both industry and consulting roles for 17 years. He actively collaborates on projects involving all types of intercompany activity, including tangible property, intangible property, services, and financial transactions. Bob has extensive experience defending transfer pricing positions under scrutiny from tax authorities, under diligence, and from other advisors. He seeks value-added relationships and conclusions involving all stakeholders.

Bob has his Master of Business Administration from the University of Minnesota, Carlson School of Management and a BA in International Economics and Finance from The Catholic University of America. He is also an adjunct professor at the University of Minnesota and speaks conversational Spanish.
 

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Manpreet has over eight years of public accounting experience in inbound and outbound entity structure and supply chain planning for corporations, partnerships, and individuals. His expertise is working within a large multinational corporation's tax strategy department analyzing implications of proposed and implemented tax laws, and tax implications of debt restructuring. Manpreet also understands U.S. withholding tax under both FATCA and general withholding tax rules, and implications of tax treaties on such rules. He specializes in effectively working with transfer pricing principles and personnel to integrate transfer pricing considerations with income tax considerations.

Manpreet is a licensed certified public accountant in the state of New Jersey. He graduated from Penn State University, received his graduate degree from George Washington University, and is a Juris Doctor.
 

About Our Presenter

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Withum is a forward-thinking, technology-driven advisory and accounting firm, committed to helping clients be more profitable, efficient and productive in the modern business landscape. With office locations in major cities and financial centers across the country, and as an independent member of HLB, the global advisory and accounting network, Withum serves businesses and individuals on a local-to-global scale. Our professionals provide the expert advice and innovation solutions you need to Be in a Position of StrengthSM in today’s fast-paced, tech-driven world.