June 23, 2023 Thursday, July 13 | How BEPS 2.0 could impact the wealth & asset management industry (1 pm ET) Although it is generally expected that the Organisation for Economic Co-operation and Development’s BEPS 2.0 initiative will have a limited direct impact on the investment fund industry, the Pillar Two model rules’ reliance on the accounting consolidation rules to determine whether a group exists will pose additional challenges when determining the scope of these rules. The Pillar Two rules apply only to entities that consolidate on a line-by-line basis for financial reporting purposes. While investment funds generally do not consolidate with the entities in which they invest, there are certain exceptions that may apply. This webcast will examine how the Pillar Two rules may apply to the wealth & asset management industry and will highlight practical considerations. The following topics will be discussed:
Date: Thursday, 13 July 2023 Time: 1:00-2:00 p.m. ET New York; 10:00-11:00 a.m. PT Los Angeles Registration: View archive here. Panelists Kevin J. Glen, Partner, Financial Services ITTS/FSO Central Tax Markets Leader, Ernst & Young LLP Augusto Oliveira, Partner, Financial Services ITTS, Ernst & Young LLP Dmitri V. Semenov, Partner, Financial Services ITTS, Ernst & Young LLP Alex Pouchard, Partner, Financial Services International Tax Desks Leader, Ernst & Young LLP Kerrie J. Kadugan, Managing Director, FAAS, Ernst & Young LLP Moderator Jun Li, Partner, Financial Services Wealth and Asset Management Tax Leader, Ernst & Young LLP CPE credit offered: up to 1.2 depending on duration. Recommended field of study: Taxes. Learning objectives: Assess the current status of Pillar Two discussions and progress globally; identify how the Pillar Two model rules might apply to management companies with revenue above the applicable threshold; recognize specific Pillar Two considerations that may be relevant for various fact patterns in the wealth & asset management sector. This intermediate level, group internet-based course has no prerequisites or advanced preparation. Final CPE award to be based on content, polling and length of participation. See CPE FAQ for more information. EY webcast managed and produced by Ernst & Young LLP’s Tax Technical Knowledge Services Group, Washington, DC: Lynn Fairfax | lynn.fairfax@ey.com and Barbara Kirchheimer | Barbara.Kirchheimer@ey.com Learn about and register for EY Tax webcasts You can learn about and register for any EY Tax webcast here. | ||||