On Thursday, December 3 at 6 PM, The tax experts of GTM will be presenting “Preparing for the Changing Tax Landscape of 2021”. This meeting will be held via Zoom.
GTM focuses on providing corporate tax services to mid-size and large multinational companies doing business within the U.S. on an inbound or outbound capacity. The particular strength of GTM lies in tax compliance and tax automation services.
Our presenters will be:
Brian Abbey, Managing Director, International Tax
Michael Tighe, Associate Director
Jim Swanick, Managing Director
GTM is a U.S. member firm of the WTS Global international tax network. With a local presence in more than 100 countries worldwide, this relationship gives us the ability to deliver international tax planning and country-specific tax services in a unified manner under one coordinated point-of-contact.
Below is the agenda for our meeting:
1. General Update
a. Tax Accounting Updates
i. ASU 2019-12 Simplifications
ii. Impairments & VA Consideration during Covid-19 era
b. Post-Election Outlook
i. BidenTax Proposal
ii. Potential Changes & Impact to Financial Statements
iii. Footnote Disclosures
c. Unforeseen State Nexus issues for 2020
2. International update
a. Section 163(j) Final Regulations
b. GILTI High-Tax Exception
Final BEAT Regulations
