Please join us for a discussion with Nikole Flax, Commissioner, LB&I; Holly Paz, Deputy Commissioner, LB&I; and Jennifer Best, Director, Treaty and Transfer Pricing Operations.
Tax disputes and revenue authority activity are top of mind for today’s multinationals, as they deal with increasing activity across the globe. Pending tax reform, Pillar 1 and Pillar 2, and the continuing impact of COVID-19 (to name just a few) have combined to make the tax enforcement landscape a challenging one. For U.S. multinationals, the starting point for tax enforcement is the Internal Revenue Service, where a number of important initiatives are underway. Join us for this special event, and hear directly from Nikole Flax, Holly Paz, and Jennifer Best, as they talk about their priorities and initiatives and what to expect in the coming years.
This lively and insightful discussion will be moderated by KPMG’s Mike Dolan, National Director, IRS Policies & Dispute Resolution, Washington National Tax, and Sharon Katz-Pearlman, Global Head, Tax Dispute Resolution & Controversy, KPMG International, and Co-Principal in Charge, Tax Dispute Resolution & Controversy, Washington National Tax.
Panels:
- Legislative Update & Outlook
- Economics Update
Luncheon Keynote Speaker: *Update!*
Congressman Ron Estes (R-KS)
Member, House Committee on Ways and Means
Member, Subcommittees on Select Revenue Measures; Social Security; and, Trade
Member, Joint Economic Committee
View the agenda here
Countries around the globe have begun consideration of domestic legislation implementing the OECD Pillar 2 global minimum tax, making what seemed like a possibility in 2022 a certainty in 2023. While multinational companies lack critical details to evaluate the impact of Pillar 2 on their current global operations, they also lack much time to prepare with rules beginning to take effect in 2024. A key challenge for tax departments will be making sure that necessary information can be collected to comply with the rules.
As a prelude to TCPI’s May 2023 Tax Policy and Practice Symposium, please join us as we explore Pillar 2, a topic of critical importance to multinational companies. The webcast will help attendees:
- Identify key issues around Pillar 2 implementation, including the interaction of Pillar 2 rules with US GILTI and CAMT.
- Understand the impact of the adoption of UTPRs on US tax incentives and potential treaty issues.
- Consider the safe harbors proposed as well as safe harbors that would reduce complexities and uncertainties.
- Determine what will be needed to comply with Pillar 2, including the increased data collection and information sharing required under the GloBE information return recently released by the OECD.
Moderator:
Pat Brown, Washington National Tax Services Co-Leader, PwC
Speakers:
Barbara Angus, Global Tax Policy Leader, EY
Sharon Heck, Chief Tax Officer, Intel
Danielle Rolfes, Co-Lead, International Tax Group, KPMG
Presented by PwC
Program Manager and CPE Sponsor
This event may qualify you for CPE credits. For additional information, visit the registration page.