Audit committees have now developed greater sensitivity to the economic, financial reporting, and reputational risks that taxes can pose for their companies.

This TGI video Webcast discusses the audit committee's role in the management of enterprise tax risk. Topics discussed include identifying the areas that tax risk may arise; aligning tax risk management with the overall corporate profile; and facilitating the exchange of tax risk information between the audit committee and corporate management.

This video Webcast focuses on tax administration in the U.K. and the OECD.  Panelists discuss the relationship between revenue bodies, taxpayers, and tax intermediaries and how this relationship may influence the revenue bodies' ability to assess the tax risk presented by taxpayers. 

Announcement 2010-9 raises important conceptual, definitional and practical issues affecting the tax function, management, boards of directors, auditors, and independent advisors. It also solicits public comments to be submitted to the IRS by March 29, 2010.

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.

This video Webcast focuses on managing indirect tax risks globally. During the broadcast, the panel discussion examines how multinationals can process and account for VAT and related transactions, identify risks inherent in VAT, and assess the adequacy of related controls.

This video Webcast analyzes the life cycle of transfer pricing controversies. The discussion focuses on practical examples of tools and techniques to address some of the most common issues that face multinational companies globally.

Revision of the national health care system creates revenue needs, climate change legislation poses tax issues, and provisions such as the research and experimentation tax credit expire at the end of this year. In addition, increasing attention to budget deficits has provoked discussion about future revenue needs and sources.

This on-demand Tax Governance Institute video Webcast focuses on tax changes proposed by the Obama Administration and Congress that could significantly impact the business community. The discussion provides the tools to think more comprehensively about the tax outlook for the next several years. It is of significant value to non-tax corporate professionals and board members as well as tax professionals.

Barely a day passes without some press coverage or announcement by some stakeholder in the outcome of the debate. The path to enacted legislation is much more complicated than the current rhetoric contemplates.

Using the Tax Reform Act of 1986 as an example, this live Webcast reviews the economic, budgetary, substantive, and political issues surrounding changing the taxation of business income.

This video Webcast focuses on the impact of IFRS conversion on an organization's tax function. Topics discussed include the transition to IFRS; tax accounting, including deferred tax accounting and accounting for uncertain tax positions; and changes to tax data sources, computation and reporting.

The presentation includes a discussion of the tax effects of share-based payments, inter-company transactions, investments in subsidiaries, uncertain tax positions, and interim financial statements.

This is the second of two KPMG LLP Webcasts that discuss potential tax impacts from an International Financial Reporting Standards (IFRS) conversion.

This on-demand video Webcast focuses on the unique tax risks that arise during an economic decline, including business and financial restructuring, international transactions, and financial reporting.

The debate over business tax reform continues and intensifies.  Proposals have emerged from Commissions, members of Congress, think tanks, trade associations, lobbying coalitions, companies and academics. How does one sort out what is real and what is not?  That is precisely what this Webcast will attempt to do.  At the end of the day, the Congress must pass the reform legislation.  The insights of key present and former staff members of the tax writing committees can be very illuminating. 

Join us as Hank Gutman, KPMG principal and program manager, moderates a panel comprised of Ray Beeman, tax counsel and special advisor for tax reform for the House Ways and Means Committee; John Buckley, visiting professor of law at Georgetown University Law Center, who formerly served as the chief Democratic tax counsel to the House Ways and Means Committee; Dave Hughes, majority tax advisor to the Senate Finance Committee; and Jim Lyons, minority tax counsel to the Senate Finance Committee, who share their views on the factors that may ultimately determine the outcome, the practical obstacles that must be addressed and the possible substantive results of the process. 

This is a 60-minute audio Webcast.  CPE credits are not offered for on-demand Webcast viewing.    

During this live video Webcast the panelists will analyze the specifics of the discussion draft and contrast it to current law, other territorial systems and the alternative of a more comprehensive worldwide system.

The IRS announcements are in response to the many submissions that were received in response to the agency's invitation to the public to submit comments regarding its initial proposal to require the disclosure of uncertain tax positions and the specifics of the draft Schedule that had been released in July.

This video Webcast conversation discusses the substance and potential impact of these important developments.

This TGI on-demand video Webcast examines why a VAT, as compared to other consumption taxes, could be a likely new revenue source. The discussion also covers existing VAT systems in other countries; the Canadian experience in structuring and implementing a VAT; and other realistic options for the United States.

The discussion is designed to help board members, C-level executives, and financial and tax executives think more comprehensively about the possibility of a U.S. VAT and how it could affect their businesses.