Where Silicon Alley Meets the Tax World - SPAC Transactions & US Legislative Developments

When:  Jun 24, 2021 from 12:00 to 13:00 (ET)

Where Silicon Alley Meets the Tax World

Sponsored by KPMG

June 10, 17 and 24, 2021

This program is designed to help professionals in the Technology Industry and start-up entities identify emerging issues and help their companies grow to the next level. The program will also benefit mature companies. There will be three separate tax programs on successive Thursdays in June—Register for one, two or all three sessions.

JUNE 10TH - GLOBAL TAX ISSUES

Global VAT and GST on Digital Services – 12- 12:30 PM EDT

Speakers: Anthony Ng & Jillian McPhee, KPMG

Countries across the world are rapidly introducing new rules to apply VAT/GST to the sale of digital services by online providers and platforms to consumers. We will provide an overview of the digital services rules and a snapshot of the global landscape, including those regimes currently in place and those coming online later this year.

Global Tax Controversies – 12:30 – 1 PM EDT

Speaker: Sharon Katz-Pearlman, KPMG

In this session, we will cover new developments and trends at the IRS, including current active campaigns, the partnership initiative, and potential impacts of the TFA and the proposed restructuring. We will also talk about issues impacting multinationals, including an update on ICAP and implications of the Coca Cola case.

TO REGISTER FOR the Global Tax Issues Session – please use the Eventbrite link: https://teinychaptermeeting61021.eventbrite.com

JUNE 17TH – INDIRECT AND DIGITAL TAXES

US Indirect Taxes – 12 – 12:30 PM EDT

Speakers: Dennis Prestia & Harley Duncan. KPMG

This session will explore some of the emerging state tax issues affecting the technology sector. The discussion will include a review of state and local approaches to imposing tax in digital advertising, streaming, and other digital services along with the risks and challenges for service providers.

Digital Taxes & Pillar I - 12:30 – 1:30 PM EDT

Speakers: Erik Oliverson, Marcus Heyland and Paul Lanouette, KPMG

In this presentation, learn about the broader issue of taxation of the digitalized economy, the BEPS 2.0 process, and digital services taxes (DSTs).

Topics include:

  • Timeline of the OECD BEPS 2.0 process on the taxation of the digitalized economy so far and going forward
  • Which countries have imposed DSTs, and those that plan to in the future
  • Those business models implicating DSTs

TO REGISTER FOR the US Indirect and Digital Tax Session – please use the Eventbrite link: https://teinychaptermeeting61721.eventbrite.com

JUNE 24TH - SPAC TRANSACTIONS AND US LEGISLATIVE DEVELOPMENTS

SPAC Transactions – 12 – 12:30 PM EDT

Speakers: Penny Mavridis & Phillip DeSalvo, KPMG

The SPAC section will cover an overview of Special Purpose Acquisition Company (SPAC) transactions, focusing on tax considerations for both the SPAC and the Target companies. We will also cover some common “de-SPAC” transaction structures, and discuss the benefits and challenges of various structure alternatives.

Legislative Developments – 12:30 -1 PM EDT

Speaker: John Gimigliano, KPMG

In recent weeks, we have seen tax reform proposals from the Biden administration and Democratic lawmakers that, if enacted as law, are anticipated to result in substantial changes to the U.S. tax system. Join John Gimigliano, Principal, Washington National Tax, KPMG for a discussion on these developments and what you should expect.

TO REGISTER FOR the SPAC and Legislative Developments Session – please use the Eventbrite link: https://teinychaptermeeting62421.eventbrite.com

New York CPE credits will be awarded to participants. Participants will be awarded CPE credits if they are registered and respond to the polling questions during the session.

Follow us on LinkedIn: linkedin.com/company/tax-executives-institute-tei-new-york-chapter

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