Tax News & Views webcast

Date: June 30, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Evan Shea
Presenters: Chad Hungerford, Jeff Kummer, Drew Moss, Gretchen Sierra, Anna Taylor

1 Overview CPE credit | Taxes

On June 16, the Senate Finance Committee unveiled its version of proposed tax provisions to be included in the One Big Beautiful Bill Act. While many tax provisions in the Senate’s version of the bill are in line with those which passed the House, there are several international provisions which differ.

We’ll discuss:

• Modifications to Foreign-Derived Intangible Income (FDII), Global Intangible Low-Taxed Income (GILTI), and Base Erosion and Anti-Abuse Tax (BEAT)
• Unfair foreign taxes (proposed Section 899)
• The proposed changes to various other international provisions

Participants will be able to evaluate the proposed changes to the various provisions and how these changes may impact certain taxpayers.

Date: June 25, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Evan Shea
Presenters: Brian Americus, Gary Hecimovich, Jaime Park, Thomas Stevens, Anna Taylor, Jonathan Traub

1 Overview CPE credit | Taxes

The costs and benefits of the Inflation Reduction Act of 2022 (IRA) are a topic of debate, as several accelerated phase-outs and terminations to its various credits have been proposed by both the House and Senate in the One Big Beautiful Bill Act (OBBBA). It remains to be seen what will ultimately happen to the IRA and its funding and incentives for clean energy, infrastructure, and other initiatives.

We’ll discuss:

• A tax legislation update
• The proposed changes to the clean energy credits
• Overview of the proposed prohibited foreign entity rules

Participants will be able to evaluate the proposed changes to the various clean energy credits and how these changes may impact certain taxpayers.

Date: June 11, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Jon Traub, Anna Taylor

1 Overview CPE credit | Taxes

Last month, congressional Republicans approved a budget resolution that opens the door to passage of a major tax and spending bill using the expedited procedural route of budget reconciliation. Last week, House Republican tax writers took a major step forward with the release of a key portion of that broader bill, a multitrillion-dollar tax package.

We’ll discuss: 

• The proposed Section 899 rules
• Impact of proposed Section 899 on various industries and structures
• An overview of the enhanced Base Erosion and Anti-Abuse Tax (BEAT)

Participants will be able to evaluate the rules of the Section 899 provision and how Section 899 may impact certain taxpayers.

Date: May 21, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Jon Traub, Anna Taylor

1 Overview CPE credit | Taxes

Last month, congressional Republicans approved a budget resolution that opens the door to passage of a major tax and spending bill using the expedited procedural route of budget reconciliation. Last week, House Republican tax writers took a major step forward with the release of a key portion of that broader bill, a multitrillion-dollar tax package.

We’ll discuss:

• Key features of the House tax bill, including observations on both what was included and what was left out
• The current state of the broader House bill
• An overview of what’s next

Participants will evaluate the fast-moving bill and anticipate which tax changes may impact their organizations and how to deal with them.

Date: April 16, 2025; 1:00 p.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Jivan Datta, Kristine Dozier, Tim Gaus, Firas Zebian

1 Overview CPE credit | Taxes

The Trump administration has announced a series of tariff actions, including “reciprocal” tariffs, on most US trading partners other than Canada and Mexico. New tariffs and retaliatory countermeasures could have broad implications for many businesses and impact global trade and supply chain footprints. We’ll discuss:

• An overview of recent tariff announcements and retaliatory countermeasures by other countries
  
• The implications for industries that historically have not had to consider tariff impacts
  
• The possible disruptions and opportunities for business operating models and strategies
  

Participants will be able to discuss the quickly evolving policy environment.

Date: February 13, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Jeremy DeMuth, Gary Hecimovich, Anna Taylor

1 Overview CPE credit | Taxes

Recent legislation has created potential opportunities for individuals, businesses, tax-exempt entities, and government entities to leverage a variety of tax credits and incentives under the Inflation Reduction Act (IRA) that may be available at the global, federal, and state level. During this webcast, we’ll discuss:

• An update on potential legislation and executive orders
• Final rules for technology-neutral clean electricity credits under sections 45Y and 48E

Participants will identify potential tax credits and incentives that may have benefits and implications for their businesses.

Date: February 5, 2025; 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Wendy Friese, Victoria Glover, Jeff Kummer, Preston Pittman

1 Overview CPE credit | Taxes

Given the change in Administration and the recent hearing on the Corporate Alternative Minimum Tax (CAMT) proposed regulations, many questions have arisen relating to whether CAMT will be repealed or pared back legislatively or through regulations. In addition, the proposed regulations have provided questions on determining CAMT basis. We’ll discuss:

• Potential legislative and regulatory updates to the CAMT rules
• How to determine CAMT basis in certain property, including section 168 property, amortizable intangibles, and investments in partnerships and corporations
• Applying CAMT basis with respect to recognition or nonrecognition transactions for corporations and partnerships

Participants will evaluate the latest legislative update on CAMT, while also analyzing CAMT basis.

Date: January 29, 2025, 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Gretchen Sierra, Anna Taylor, Jon Traub

1 Overview CPE credit | Taxes

As post-inaugural buzz is replaced by the hard work of governing, focus in Congress will likely turn to the coming fiscal cliff resulting from the expiration of major portions of the Tax Cuts and Jobs Act of 2017. Join us to understand potential changes on corporate, individual, and international tax policy as well as a discussion of any new significant executive orders issued in the first days of the second Trump administration. We’ll discuss: 

• Tax policy changes under consideration
• Expectations for the legislative calendar and process in the new Congress
• Practicalities from an international tax perspective

Participants will evaluate the future tax policy landscape with a focus on key legislative issues.

Date: January 17, 2025, 12:00 p.m. ET
Duration: 60 minutes
Host: Shannon Blankenship
Presenters: Alexander Duric, Christian Hogrefe, William Zimmerman

1 Overview CPE credit | Taxes

On December 18, 2024, the IRS announced forthcoming proposed regulations providing a new method (the Simplified and Streamlined Approach, or SSA) for pricing certain baseline marketing and distribution activities consistent with OECD Pillar One Amount B. The next day, the OECD also released additional fact sheets and a pricing tool to facilitate the understanding and operation of Amount B for transfer pricing. How will this new development impact multinational businesses? We’ll discuss:

• In-scope controlled transactions and the mechanics of the SSA
• Implementation timeline and framework
• Practical considerations for taxpayers

Participants will be able to discuss US and OECD updates related to Amount B and potential implications for their transfer pricing.

Date: December 20, 2024, 12:00 p.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Matt Heeman, Michael Kohler, Michael Mou, Aziza Yuldasheva

1 Overview CPE credit | Taxes

Final regulations under section 987 address computing taxable income, translating tax basis, and recognizing currency gain or loss for qualified business units operating in different functional currencies. While the final rules largely follow the basic construct under the 2023 proposed regulations, there are notable differences. We’ll discuss:

• Simplifications introduced in the final regulations
• Transitioning to the final rules and coordinating with other tax rules
• Impact of the final rules on tax compliance and planning considerations

Participants will be able to describe the impact of the final section 987 regulations on US and foreign companies operating in foreign currency environments. 

Date: December 13, 2024, at 11:00 a.m. ET
Duration: 60 minutes
Host: Adam Moehring
Presenters: Matt Etzl, Mark Graham, Jason Smyczek

1 Overview CPE credit | Taxes

On November 29, 2024, Treasury and the IRS released long-awaited guidance related to previously taxed earnings and profits (PTEP) accounting and associated basis adjustments to take into account the significant changes to the US international tax system implemented by the 2017 Tax Cuts and Jobs Act. What do multinational companies need to know about this regulatory package? We’ll discuss

• Framework for establishing, maintaining, and updating PTEP accounts
• Section 961 basis adjustments and gain recognition
• Transition rules and effective dates

Participants will be able to analyze the impact of the new PTEP regulations on US and foreign companies.