Overview:
Since the introduction of the BEPS Action Plan by the OECD, and the enactment of the Tax Cuts & Jobs Act in 2017, cross-border tax planning has entered a new phase where old plans are rendered ineffective. In addition, most of the world’s tax administrations have changed their transfer pricing legislation as well. This insightful webinar will give you a comprehensive update on:
- New developments in international taxation, including their effect on foreign-source income, dividends, and sales or transfers of stock
- Changes in tax laws of various foreign jurisdictions and the impact of recent cases
- Transfer pricing legislation worldwide and the practical implementations
- Current Customs rules and issues and duty reductions/elimination programs, including the First Sale Rule and Trump tariffs
Objective:
To provide accountants and tax professionals with an in-depth examination of legislation changes in international taxation impacting cross-border tax planning, transfer pricing and Customs issues and laws.
Emphasis:
International Taxation Update
- Taxation of foreign source income: prior law vs. new tax law
- Hybrid transactions
- Changes in tax laws of various foreign jurisdictions with an emphasis on Europe after BEPS and ATAD II
- DAC 6 and ATAD II adopted by the European Commission
Transfer Pricing Update
- BEPS as a catalyst for the Tax Cuts & Jobs Act
- Impact of disclosure through Country-by-Country reporting and documentation
- New services pricing guidance
- Strategies for managing US and “Rest-of-OECD” transfer pricing policies
- The groundwork for updated financial transactions rules
Customs Issues & Laws
- Customs Informed Compliance and Reasonable Care
- Customs rulings and legal opinions
- Bases of Customs Valuation (Appraisement)
- First Sale Rule
- Trump tariffs