U.S. Tax Implications of Adopting IFRS,Part I
Moderator: Bernard Cates, KPMG partner and national tax leader for IFRS. Panelists: Glenn Koennecke, KPMG partner and national advisory IFRS leader; John Suttora, KPMG partner, Washington National Tax practice; Ben Rohrer, KPMG Managing Director-Tax, Atlanta; Jim Forhan, KPMG international corporate tax partner, Chicago; and Hareesh Dhawale, KPMG Managing Director-Tax, Washington National Tax practice.
| June 04, 2009 | 11:00am ET
Tax Governance Institute
This KPMG Webcast, the first of a two-part series, focuses on the possible U.S. income tax implications of International Financial Reporting Standards (IFRS) conversion, which can include potential domestic tax, international tax, and transfer pricing considerations.
During the Webcast, the panelists summarize the U.S. Securities and Exchange Commission's (SEC) process in moving toward IFRS. They also focus on the domestic income tax implications of IFRS. These can include changes in methods of accounting; international tax considerations such as earnings and profits issues; and a potential impact to transfer pricing.