Ivey Tangerine Leadership Centre - 130 King Street West Toronto, ON M5X 1K6 CA
Besides overseeing basic treasury and accounting functions, today’s small company CFO is charged with monitoring all open legal issues involving the company, and legal issues affecting their industry sector. This includes ensuring all agreements cover all the risks, from regulatory as well as liability perspectives. Without the luxury of in-house counsel and faced with the high cost of legal professionals, CFOs are increasingly spending more of their time dealing with legal agreements and issues. In addition, when faced with a decision to expand into different countries, the legal and regulatory issues of the new country need to be considered.
Business Law and Legal Issues Facing Finance Professionals is a conference series created to provide CFOs and Finance executives a primer on some of the more common legal issues they will deal with so as to help them process and understand legal agreements dealing with these issues in an efficient manner, freeing up their time to focus on the strategic issues facing their corporation.
The first conference, to be held on May 6th, 2016 at the Tangerine Centre in Toronto is titled "The Global Business" and will discuss some key issues for companies looking to expand globally. We have crafted an agenda with input from our partners to provide a comprehensive review of the common issues that most companies face as they expand globally.
Sessions will be delivered in panels by speakers from leading law firms and expert accountants.
Sample criteria for selecting a jurisdiction for an overseas subsidiary (tax, regulatory, etc)
Reasons for incorporation ‐ division of liabilities of foreign operation subsidiary
Requirements (e.g. resident directors)
Examples of regulatory bodies
Differences in employment laws
How to set up employees
Review of differences between contractor and employees
Deemed employee provisions in sample countries
Issues for establishment of domicile and tax implications of hiring or establishment of an “office”
Personal taxation, benefits, social security and bilateral agreements between countries
Jurisdiction of employment contracts
Starting out right – making sure your products don’t infringe
Seeking opinions in the case of infringement
Clauses in contracts to deal with potential cases of infringement (from the buyer and seller side)
Protection of your company’s IP on the global stage
How to file in the appropriate jurisdictions for protection of your assets
Examples of infringement
What are they and how you need to protect yourself
Examples of trademark infringement and implications
Applications of transfer pricing
FAPI rules and applications
Allocations of costs across foreign subsidiaries. What is allowed from a CRA perspective?
Strategies for repatriation of funds
When are you responsible for sales tax/VAT
Examples of US – state and federal taxes
Examples in EU
Strategies for Exporters and Importers
Accounting for foreign exchange transactions
*see individual programs and jurisidictional allowances for accredited hours/requirements for Canadian law societies.