This discussion will focus on upcoming international tax policy priorities for U.S. and Australian multinationals given the COVID-19 crisis, the upcoming U.S. election, the OECD’s work on challenges arising from the digitalization of the economy, and the impact of COVID-19 relief legislation on U.S. tax reform. Specific areas of discussion will include:
- Changes to U.S. tax law arising from COVID-19 relief and interactions with pre-existing law. Specifically, how relaxed rules for net operating loss carrybacks and section 163(j) may be impacted by the Base Erosion and Anti-Abuse Tax (BEAT).
- The U.S. tax policy outlook post COVID-19, and how it may shift under various election scenarios.
- Potential new profit allocation and nexus rules under Pillar I and global minimum taxes under Pillar II of BEPS 2.0 along with GBAs priorities and outlook for these ongoing negotiations.
DATE & TIME
Wednesday, 3 June 6pm EDT
Thursday, 4 June 8am AEST
Complimentary, registration essential
September 20, 2022
Reception: 6:30 to 7:30 pm
Dinner: 7:30 to 9:30 pm