Country-by-Country Reporting - On Demand

Country-by-Country Reporting: Is Your Organization Prepared?

Sponsored by Bloomberg BNA and RSM UK, the seventh largest accountancy and business advisory firm in the UK 

This activity is classified as Self Study as the activity or provider had been previously approved for California CLE credit.  Please see http://mcle.calbar.ca.gov/Attorneys/EducationOptions.aspx 

There is no assurance as to how long access will be available.

Globally active companies have a lot to consider with new regulations being regularly enacted in response to the Organisation for Economic Co-operation and Development’s (OECD’s) Base Erosion and Profit Shifting (BEPS) Action Plan. One of the most immediate changes relates to the need for country-by-country reporting (CbCR). It is anticipated that the IRS will finalize proposed regulations by the end of June. The regulations would require the filing of a new CbCR tax form by any U.S. taxpayer that is a parent of a multinational enterprise (MNE) group with $850 million or more in global group revenues and would be effective for fiscal years beginning on or after July 1, 2016. Additionally, organizations may be subject to earlier tax filing deadlines outside the United States.

Educational Objectives:

• The background of CbCR  
• The CbCR requirements and their potential impact on U.S. multinationals, including practical solutions to challenges businesses have already encountered
• The extent of reputational and confidentiality risks posed by the potential publication or leaking of the data
• U.S. and non-U.S. technology considerations that can help companies prepare for and comply with this new global tax requirement

Speakers:

Ken Almand leads the UK and European transfer pricing business for RSM UK and advises on all aspects of the subject plus international tax issues including planning, assurance and compliance. He works with multinational businesses to develop and implement effective strategies that are aligned with their commercial and tax policies. 

Lisa Pinchin recently worked at the Organisation for Economic Co-operation and Development (OECD) in Paris as an advisor on the BEPS Project. She returned to RSM as an international tax senior manager and leads the BEPS initiative for the U.S. firm. Lisa has more than ten years of experience providing international tax consulting services to large and middle-market multinational companies operating in diverse industries. 

Enrique Rayon has over 20 years of experience advising clients on transfer pricing issues. Enrique also represents RSM in public consultation meetings and submission of comments at the OECD on BEPS transfer pricing matters.

FREE!

Total Credits:  1.00 unit

Online

On Demand - Approximately 60 minutes

For further information see:

http://www.bna.com/countrybycountry-reporting-organization-m57982073374/