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April 26, 2021
2021-0850

Attend this week's Tax webcasts

Tuesday, April 27. ASEAN-6 panel discussions: Integrated regional value chains - Part 2: Electronics and automotive 11:00 a.m., ET. Following supply disruptions of everything from pasta to masks, the COVID-19 pandemic has accelerated a rethink of how multinational corporations configure their global supply chains. Guest panelists from government investment agencies in key ASEAN countries will be sharing insights on individual country strengths and how complementary segments of a value chain can be optimized across multiple ASEAN locations. Register.

Tuesday, April 27. Upcoming changes to IRC Section 174: Amortization of research and experimental expenditures, 1:00 p.m. ET. The 2017 Tax Cuts and Jobs Act (TCJA) included many provisions that were intended as “revenue raisers” to offset some of the more taxpayer-favorable aspects of the TCJA. One such provision, scheduled to come into effect for tax years beginning on or after 1 January 2022, is the required amortization of what are currently deductible research and experimental (R&E) expenditures (over five years for domestic R&E, 15 years for foreign). With 2022 looming closer, taxpayers are newly focused on both the implications of the TCJA changes to IRC Section 174 as well as potential planning. Register.

Thursday, April 29. BorderCrossings . . . with EY transfer pricing and tax professionals 1:00 p.m., ET. The recent release of international tax proposals by the Biden-Harris Administration signaled renewed US interest in the Base Erosion and Profit Shifting (BEPS) project of the Organisation for Economic Co-operation and Development (OECD). Please join our panelists for an in-depth discussion of BEPS 2.0 for 2021. Register.

Friday, April 30. Tax in the time of COVID-19: Update on legislative, economic, regulatory and IRS developments, 12:00 p.m. ET. COVID-19 and the resulting economic crisis have made reacting to tax developments more complicated than ever. Join us for the next webcast in our series as we discuss how businesses can navigate the tax policy environment and continue to effectively operate their tax function in this time of crisis and change. Panelists will provide updates on: (i) The US economy and tax policy; (ii) Breaking developments; and (iii) What’s happening at the IRS. Register.