International Tax Reform Proposals in the 2011 Proposed Budget - New Considerations for Multinationals
Rodney Lawrence, Partner; Tom Zollo, Principal; Tom Stout, Director; Ron Dabrowski, Partner, KPMG LLP | Feb. 10, 2010 | 2:00pm ET
TaxWatch
The Obama Administration released its proposed FY2011 budget on February 1, along with the Treasury's Department's "Green Book" explanation of the budget's revenue proposals. The budget includes significant international tax reform proposals. Many of the proposals are the same as last year's proposals, but there are some key differences. If enacted, these proposed changes would significantly affect multinational companies.
Senior-level professionals from KPMG LLP's International Corporate Services and Washington National Tax practices provide an overview and analyze the key international tax reform proposals in the budget. They also discuss possible planning responses to the new proposals and outline the next steps in the budget process and likely timing.
During the Webcast, the audience was polled about their views on reform prospects.Click here for a summary of the responses.