Please join us for a timely discussion of the latest developments around the globe impacting global PE and PC funds, their transactions, and portfolio companies. 

Our panel of EY Washington Council, EY Parthenon, and EY tax professionals will highlight cutting-edge trends and the emerging state of play, including:

• US legislative and tax regulatory update – Current state of play in Washington, recap of tax provisions in the House’s One Big Beautiful Bill reconciliation package, potential changes to the bill in the Senate, expected scenarios and timeline, and recent regulatory guidance and proposals.
• BEPS renegotiation and the US proposal (proposed Section 899) on “unfair” foreign taxes (e.g., undertaxed profits rules, digital services taxes, diverted profits taxes, etc.)
• Tariffs and trade policy update – discussion of the latest developments and recent tariff measures, considerations relevant to PE and PC funds, shaping responses to changing global trade policy, and proactive strategies for portfolio company cross-border supply chains and operating model effectiveness (i.e., transfer pricing, withholding tax, etc.).
• Macroeconomic update – updated forecasts, impact of geostrategic and geopolitical developments on business and capital market activity, walk through of deal potential impacts
• Global tax controversy — US federal, state and local, as well as global update on tax controversy trends, and IRS current state of affairs
• PE transaction marketplace update — discussion of the PE deal pipeline, buy-side and sell-side activity, IPOs, credit markets and emerging transaction and structuring trends
• Global radar screen – global election Supercycle, breaking news global tax and regulatory global guidance that should be on your radar screen

Date: Thursday, June 5, 2025

Time: 11:00 a.m.–12:15 p.m. EDT

Registration: Register for this event.

Panelists

• Lynlee Brown, Partner, Global Trade, Ernst & Young LLP
• Steve Clausen, Partner, Transaction Tax Private Equity Leader, ITTS, Ernst & Young LLP
• Greg Daco, Chief Economist, EY Parthenon, Ernst & Young LLP
• Kirsten Wielobob, Principal, National Tax Department, Tax Controversy, Ernst & Young LLP
• Lisa Wolski, Principal, Washington Council Ernst & Young LLP
• Jason Yen, Principal, National Tax Department, ITTS, Ernst & Young LLP

Moderator

• Gerald Whelan, EY PE Tax Technical Leader, Ernst & Young LLP

CPE credit offered: 1.4.

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