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August 17, 2023
2023-1417

Tuesday, September 12 | International tax talk quarterly series with the EY Global Tax Desk Network (1 pm ET)

Country tax developments requiring attention soon

Recent proposed tax changes across the globe may have significant implications for companies in the next quarter and beyond. Some of these changes are complex, so it is important that businesses understand them and try to prepare now — particularly for those that take effect in 2024.

Join our Global Tax Desk professionals for insights on recent developments in Australia, Brazil, Hong Kong, Mexico, Switzerland, and the United States and an analysis of how they might affect your businesses. Topics will include:

  • Australia's proposed legislation on the deductibility of intangible payments, changes to debt limitation rules and new public country-by-country reporting measures
  • Brazil's latest transfer pricing reform and proposed indirect tax reform
  • Hong Kong's revised foreign-sourced income exemption rule, which is expected to undergo further legislative changes by year end
  • Mexico's requirement for taxpayers to frequently review their intercompany transactions and level of debt, the entry into force of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI), and the potential implications of recent case law
  • The new circumstances under which Switzerland will treat cash deposits pooled by a group of corporations as short-term vs. long-term debt, which may affect companies' current cash pool setups
  • Potential US legislative developments around R&D expensing, interest deductibility, bonus depreciation and treaties (Taiwan, Chile), as well as the impact of Notice 2023-55, which provides temporary relief for taxpayers seeking a foreign tax credit

Date: Tuesday, 12 September 2023

Time: 1:00-2:15 p.m. ET New York; 10:00-11:15 a.m. PT Los Angeles

Registration: View archive here.

Panelists

Naomi Ross, Australia Tax Desk Leader, International Tax and Transaction Services, Ernst & Young LLP

Aline Milla, Brazil Tax Desk, International Tax and Transaction Services, Ernst & Young LLP

Charlotte Wong, Hong Kong Tax Desk, International Tax and Transaction Services, Ernst & Young LLP

JD Hamilton, National Tax, International Tax and Transaction Services, Ernst & Young LLP

Jose Manuel Ramirez, Mexico Tax Desk, International Tax and Transaction Services, Ernst & Young LLP

Stefan Ruest, Swiss Tax Desk Leader, International Tax and Transaction Services, Ernst & Young LLP

Moderator

Tobias Appl, German Tax Desk Leader, International Tax and Transaction Services, Ernst & Young LLP

CPE credit offered: 1.4. Recommended field of study: Taxes. Learning objectives: Recognize key elements of the updates in each region and identify the specific country tax considerations and impact of these updates. 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

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The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

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