Although we can't gather together for our traditional all day International Seminar, we have created a virtual alternative International Seminar for 2021.
KPMG thought leaders will be presenting our International Seminar across two days in two hour blocks - eligible for a total of 4 CPE credit hours.
Tuesday, April 27th, 10 am - 12 noon
Thursday, April 29th, 10 am - 12 noon
This is a single registration for both or either session. Registration must be completed by Sunday at 9 pm, April 25th.
AGENDA
Tax Executives Institute is excited to announce two virtual session hosted by KPMG LLP that will cover international tax items. Participants joining these sessions will be eligible to earn two continuing professional education (CPE) credits per session. The agenda and discussion topics for each session are detailed below:
Session One: Tuesday, April 27, 2021
Time: 10AM to 12PM
Work Anywhere, Together: 30 minutes, John Denworth, Partner, KPMG Detroit
It’s the new reality of work. In this webcast our KPMG colleagues will share their perspective on how organizations are addressing the potential tax, regulatory, talent, and total rewards implications of global remote work arrangements. During this session we will cover:
- Market trends, key business trends and considerations for employees working remotely
- Enterprise-wide stakeholder considerations of bringing Work Anywhere to life for your organization
- Potential tax and regulatory implications
- How can you make it real and the immediate and long-term steps to consider
International Hot Topics: 1 hour, Michael Pezzetti, Partner, KPMG Detroit and Doug Holland, Partner, Washington National Tax
The dust has barely settled on the TCJA and the pages and pages of regulations that came with it. However, on the horizon we can see another significant overhaul to our international tax system coming from President Biden. As part of this discussion we will consider:
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What are we waiting for from TJCA?
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What should we be considering for the 2021 tax year (no regrets planning), and
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A discussion of significant rulings, regulations, and other hot topics.
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IP and TP Issues Post Tax Reform: 30 minutes, Tom Zollo, Partner, Washington National Tax
In a world shaped by the OECD’s BEPS initiative and the TCJA, the traditional considerations for locating a company’s intellectual property are changing. In this webcast our KPMG colleagues will discuss a number of the potential U.S. federal and foreign tax issues that drive decision-making for the location of intellectual property and research and development facilities.
Session Two: Thursday, April 29, 2021
Time: 10AM to 12PM
International Compliance Lessons Learned—what is expected for 2020: 1 Hour Paul Mazzoli KPMG Detroit and Dominic Cusatis, KPMG National Compliance Lead
Tax compliance for U.S.-based multinationals continues to become more complex. Many calendar-year taxpayers are in the process of preparing their 2020 return (or working to amend prior the prior year) in order to incorporate the changes. We will share lessons learned in the 2019 compliance season including data challenges, discussions of the requirements of the new forms, new calculations, and considerations around making the election for GILTI high tax. In addition, we will discuss what we are hearing on what will be available from tax software providers.
Tax Reform 2.0 – Comparing Biden and Wyden Proposals and Paths Forward: 1 Hour, John Gimigliano, Partner, KPMG Washington National Tax Legislative Group
In recent weeks, a number of Democratic lawmakers have released proposals to make substantial changes to the corporate tax system. Most notably, we have seen tax proposals from President Joe Biden and from Senator Ron Wyden, chair of the tax-writing Senate Finance Committee. In particular, both Biden and Wyden are proposing major changes to the international tax system – changes that in important ways reverse the rules ushered in by the 2017 tax law. Biden and Wyden are broadly proposing to move in the same direction, raising the U.S. corporate rate while simultaneously raising taxes on foreign earnings. Still, there are important differences between Biden’s proposals and those outlined by Chairman Wyden. John Gimigliano will:
- Provide an overview of the key tax proposals in both the Biden and Wyden plans
- Outline the similarities and differences in the proposals, as well as how they compare to current tax rules
- Consider the next steps and the timeline for the legislative process