DOCUMENTARY STAMP TAX 2010
November 4, 2010: Airport Marriott, Orlando
Speakers:
Peter O. Larsen - Partner - Akerman Senterfitt, P.A., Jacksonville
Joe Parramore - Consultant, Tallahassee
Jim Silvey, Consultant, Irving, TX
Barbara Smith, State Tax Risk Manager, Wells Fargo Bank , N.A.

NEW - See the bottom of this page for information on how to view this entire event via live streaming video on your computer or in your bank's training room...on the same day as the live event in Orlando.

Program Highlights
v New Deed Tax on Contributions
v Deeds in Lieu
v Overview of Documentary Stamp Taxes and Nonrecurring Intangible Taxes in Florida Credit Transactions
- Documents Subject to Tax
- Rate of Tax
- Exemptions
v Non-revolving Loans and Revolving Loans Secured by Real Property
v Letters of Credit
v Loan and Letters of Credit Not Secured by Real Property
v Out of State Loan Closing Procedures
v Guaranties; Loans with Guaranties
v Hypothecations; Cross Collateralization
v Renewals
v International Banking Transactions
v Impact of Florida Legislation; Update on New Rulings and Positions of the Department of Revenue (DOR)
v Florida Department of Revenue Organization; Procedures and Compliance Issues (time permitting)
- Organizations of the DOR and Responsibilities for Documentary Stamp Taxes
- DOR Audit Functions and Procedures
- Assessments and Administrative Review
- Technical Assistance Advisements ("TAA")
- Liability of Officers, Directors and Shareholders

Who Should Attend
This program will be especially beneficial to all CEO's, Senior Loan Policy Officers, Auditors, Compliance Officers, Cashiers and Real Estate Attorneys.

The Manual
A revised handbook will be distributed at the workshop and will provide guidance on Florida Documentary Stamp Tax (Florida Statutes, Chapter 201) and Florida Intangibles Tax (Florida Statutes, Chapter 199) issues in a variety of situations involving the extensions of credit by lenders located in Florida. The recurring Annual Intangibles Tax (Florida Statutes, Chapter 199) will not be addressed in this handbook.

Meet Your Speakers
Peter O. Larsen is a shareholder in the Jacksonville law offices of Akerman Senterfitt, P.A. He concentrates on State and Local taxation and banking law. He attended Alma College (B.A., cum laude with honors); University of Kentucky (J.D.); University of Florida (L.L.M. in Taxation).

Joe Parramore retired from the Florida Deparment of Revenue after 35 years. His time with the DOR was spent dealing with Documentary Stamp Tax, Intangible Personal Property Tax and Ad Valorem taxation. His experience includes two and a half years as a budget analyst with the division of Ad Valorem Tax, one year as an Audit Assignment Officer, four and a half years as an Auditor, twenty years as a Tax Law Specialist and eight years as a Revenue Program Administrator supervising the Tax Law Specialists that prepared written analysis of legislative proposals and written responses to practitioner and taxpayer inquiries.

Jim Silvey is a consultant from Irving, Texas with over 30 years of experience in state and local tax as a tax law specialist with the Department of Revenue, public accounting and industry. He has been recognized as an expert witness for documentary stamp tax, sales tax and tax on communications. In addition, he has been an instructor for the FICPA, Florida Bar, Florida Title Association and other professional organizations.

Barbara Smith is the State Tax Risk Manager for Wells Fargo Bank, N.A. She has approximately 31 years experience in banking, with 15 years in state tax risk mitigation. She is a subject matter expert, who has in-depth knowledge and experience, with identifying state tax risk issues and in developing adequate controls and monitoring systems to ensure the tax risk associated with loan documentation is mitigated.

v v Live, Same Day Streaming Video Connection v v
We are pleased to offer this new educational venue as a way to help you educate your employees in a very cost effective way. If you can’t travel to Orlando then simply register for the live streaming venue; assemble as many of your co-workers that will fit into your training room; and educate them for very few dollars per person.

There will be opportunities to ask questions via your computer throughout the day. And you will have unlimited access to the same content for six (6) months after the event. The manual will be emailed to you so you can copy and distribute it to the attendees at your site.

The minimum technology requirements you will need are:
v A wireless or ethernet connection to a computer (ethernet preferred)
v A video projector and appropriate speakers attached to the computer
v At least 512 KB/S internet download speed
v Microsoft Silverlight installed on your computer - Click here to download this FREE player.

To register for this live streaming video connection you must click on the "Download Brochure" icon below, print and fill in the registration form, and send it in to the FBA office with your payment. Please contact Pete Brokaw or Abigail Howard if you have questions on this new offer.

Seminar Schedule
8:30 a.m. - Registration
9:00 a.m. - Meeting
4:00 p.m. - Adjournment