Bloomberg Tax Leadership Forum

Overview

Event Format:

Information Hub and Virtual Live Event Series

CLE and CPE Credits:

Day 1: up to 1.9 CLE/1.4 CPE

Day 2: up to 1.3 CLE/1.3 CPE

Total: up to 3.2 CLE/2.7 CPE

Who Should Attend:

Corporate Tax Leaders, Chief Financial Officers, VPs, Directors of Tax, Senior Tax Managers, and General Tax Counsel

This program is on the record and media are invited to attend.

Around the world, cash-strapped governments bankrolling massive Covid-19 relief measures are looking to implement new tax policies to generate revenue.

President Joe Biden’s Build Back Better program proposal contains many elements funded by notable changes in tax law, including reversing or updating several changes enacted in the 2017 Tax Cuts and Job Act. An increase of the corporate income tax rate for corporations, changes to GILTI provisions, new and revised tax incentives for certain industries, and an increase in the income tax for wealthy individuals are just a few of the proposals in the American Jobs Plan, Made in America Tax Plan, and American Families Plan. In addition to these changes, the Biden administration has also proposed increased funding to the IRS to enhance its audit and enforcement capabilities for corporations and high-income individuals.

Internationally, the Biden administration has signaled an openness to discussing a global minimum tax and consideration of other changes to international tax rules affecting multinational corporations, providing renewed momentum to Organisation for Economic Co-operation and Development (OECD) negotiations among 139 nations discussing a framework to tackle the challenges of taxing the digital economy. If successful, the OECD compromise would be the biggest shift in the international tax system since 1923.

What do the U.S. proposals and a pending agreement at the OECD mean for multinational companies? How do you plan your tax strategy with so many crucial provisions on the negotiation table?

Join us for a two-day event that fully examines developments happening across the international and U.S. federal tax landscape that are certain to affect your company’s bottom line. This virtual forum will provide you with the timely intelligence you need to prepare for change and optimize your tax strategies.

Register Now

11:00 am – 11:20 am ET

Fireside chat with Fabrizia Lapecorella, Director General of Finance, Ministry of Economy and Finance, Italy and designated Chair of OECD’s Committee on Fiscal Affairs beginning January 2022

Interviewed by: Hamza Ali, Senior Reporter International Tax, Bloomberg Tax & Accounting

11:20 am – 12:00 pm ET

Panel Discussion:

Digital Tax Negotiations at the OECD versus DSTs

This panel will discuss insights from the OECD negotiations around Pillar 1 and 2. How close are we to a compromise and what are the remaining obstacles? We will also look at details of already implemented digital services taxes (DST) and those likely to come into effect soon. We will talk about the future of DSTs once the OECD finds a compromise, and what is likely to happen if the negotiations drag on or fail.

Speakers:

• Barbara Angus, Global Tax Policy Leader, EY
• Christian Kaeser, Global Head of Tax, Siemens
• Martin Lagarden, Head of Transfer Pricing, Henkel Group
• T. P. Ostwal, Owner, T.P. Ostwal & Associates

Moderator: Julie Joy, Senior Fellow, Bloomberg Tax & Accounting

12:00 pm – 12:10 pm ET

Fireside Chat with Featured Speaker Nikole Flax, Commissioner of LB&I, IRS

Interviewer: Reema Patel, Practice Lead, U.S. International Tax, Bloomberg Tax & Accounting

12:00 pm – 12:20 pm ET

Fireside Chat with Jared Bernstein, Member of the White House Council of Economic Advisers

Interviewed by: Emily Wilkins, Congressional Reporter, Bloomberg Government