Chambers High Net Worth Webinar: US Tax Reform and its Impact on Family Offices with Holland & Knight
About this webinar
During this session Chambers High Net Worth Editor, Simon Christian, will be joined by David W. Thal, Brent Berselli and Sean Tevel, partners in the Private Wealth Services practice at Holland & Knight.
Key discussion points will include:
​​​​​• Inbound investment into US through non-US family offices
• Non-US persons establishing family offices in the US
• US family offices and tax reform considerations
• Family office structuring after Tax Reform Act of 2017 (TCJA) eliminated most deductions for investment-related expenses
• Structuring business model to support deductibility of expenses
• Discussion of planning with C Corporations for both US-based and non-US family offices
• Alternative to C Corp structure using US Tax Court decision in Lender Management LLC, T.C. Memo 2017-246
• Potential for increased SEC/regulatory oversight on family offices (H.R. 4620, introduced by U.S. Rep Alexandria Ocasio-Cortez)