Impact of Tax Reform on Value Chain Structures

Venue

This is a virtual event, accessible on-line and over phone. Access instructions will be provided after registration.

Description

This is a complimentary program sponsored by KPMG.

The new tax reform bill has passed. The question now is will the sweeping changes actually have far-reaching—and long-term—implications to your operations strategy?

With a significantly lower U.S. corporate tax rate and a mixed bag of incentives for domestic investment, those who plan and respond accordingly could turn disruption into advantage. Learn about how key provisions of the new law are impacting multinationals – will they improve your existing profile, or will they make your global supply chain more costly? Could tax reform be a catalyst for making changes to your existing supply chain to become more agile, more tax efficient, or less risky? The answers will vary depending on your current business model, its ability to continue to meet the needs of the business, and your ability to adapt to the new normal.

This new practical webinar presented by Bloomberg Tax, Impact of Tax Reform on Value Chain Structures offered by KPMG’s Steven Davis and John Karasek provides organization with a perspective on tax reform that considers not only tax and treasury, but also strategy and operating models revealing the potential profit hidden in the cross-functional interdependencies.

During this live webinar, Davis and Karasek will cover:
• Why foreign IP and principal company structures remain vibrant post-U.S. tax reform even with the new GILTI regime
• Whether U.S. tax reform encourages investment outside the U.S. rather than within the U.S.
• The key considerations when considering whether to onshore IP or activities to the U.S
• Discuss the fundamental risks of U.S. tax reform – how permanent is the rate and what will be the foreign responses
• How U.S. tax reform puts U.S. multinationals at a disadvantage against foreign multinationals in many ways
• How some business models and industries that are winners and losers as a result of U.S. tax reform
• Ways the new BEAT regime is impacting value chains
• Why offshore procurement models will continue to make tax and operational sense

Educational Objectives:
• Gain a better understanding of how tax reform is affecting value chains
• See tax reform in the context of the greater regulatory and business changes impacting your business
• Gain a better understanding how U.S. tax reform has changed views around IP ownership and exploitation

Who would benefit most from attending this program?
Financial Controllers, General Counsels, Of Counsels, Chief Financial Officers, Vice Presidents of Tax, Tax Directors, Vice Presidents of Supply Chain

Presenters

Steven Davis
  • International Tax Principal
  • KPMG

Steven Davis is an International Tax Principal and one of the U.S. leaders of KPMG’s Value Chain Management Practice. Steven brings more than 20 years of industry, Big 4, law firm and academic experience helping multinational organizations across all industries align their operational and tax planning. Steven has extensive experience with intangibles planning, Value Chain / Supply Chain planning and other types of business transformations. As a member of KPMG’s national Base Erosion and Profit Shifting (BEPS) platform, he also actively advises clients regarding ongoing developments of BEPS, including helping companies evaluate the possible impact of BEPS and assisting companies develop responses to the globally evolving tax landscape. 

John Karasek
  • Director
  • KPMG

John Karasek is a Director in the International Tax and Value Chain Management practices of KPMG.  John has over 14 years of experience in addressing complex international tax matters for alternative investment funds and corporations.  Recently, John has advised leading technology companies, including cloud service providers and internet service providers, with respect to global structuring matters.  John has also advised companies in more traditional manufacturing industries, including industrial chemicals, retail, and the consumer products spaces, as well as in the media and entertainment, consumer electronics, medical device, and asset management industries.

Continuing Education

Credits:
1.2 CPE, 1.0 CLE, General COA
Practice Areas:
Tax
Prerequisite:
None
Level:
Basic
Production Date:
03/21/2018