In a bid to eliminate tax evasion, regulators across the globe have increased the tax burdens on financial services firms. For example, in the U.S., the IRS’s Internal Revenue Code (IRC) Section 871(m) requires non-U.S. persons to withhold taxes on dividend payments via financial derivatives.

In fact, the provision creates a “dividend equivalent payments” classification for the proceeds from tax-shelter derivatives, which can then be taxed. Overseas, a MiFID II provision requires advisors to disclose the tax implications down to the ISIN level. Keeping up with global tax rules and regulations has become a major data burden, and there’s every reason to think that this challenge will be ongoing.

This event will help firms make sense of the global tax matrix and better harness the data they need for global compliance. 

The event is complimentary and open to 60-70 senior level tax operations, compliance, portfolio optimization, corporate actions, and wealth management operations professionals from U.S. banks and wealth management firms.

CPE Credits: 3 


Julio Manuel Jimenez, Esq., Owner, Jimenez Tax Law Firm

Julio Manuel Jimenez, Esq.
Jimenez Tax Law Firm

Jacob Gertel, Senior Content Manager for Legal & Compliance Data, SIX

Jacob Gertel

Gerard Rose, Director - Head of U.S. Tax services, Global Product Management, BNY Mellon

Gerard Rose
BNY Mellon

Jürg Stalder, Senior Product Manager Reference Data, SIX

Jürg Stalder

Ted Jahn, CPA

Sponsored by:

Dream Downtown

355 West 16th St
New York, NY 10011

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