With all the media coverage and Wall Street reaction around potential tax reform since the election, we invite you for a discussion of the Republican “Blueprint” for tax reform, with all its details and analysis from experts at KPMG. Our panelist will be diving into the prospects for tax reform, including the potential impact to companies and all the nuances around the proposed reforms.  Topics to be discussed include Border Adjustment Tax, earnings repatriation, GAAP accounting issues and potential planning opportunities.

The Republican tax reform Blueprint proposes to reduce tax rates for businesses and for individuals as well as move the U.S. tax system closer to a consumption-based system. As part of House Speaker Paul Ryan’s “A Better Way” initiative, the Blueprint has generated a tremendous amount of debate around its benefits and shortcomings. Some of the key reforms include: 

• Lower corporate tax rates
• Repeal of the corporate AMT
• Allowing businesses to fully and immediately expense the cost of investments in tangible property and intangible assets
• Allowing businesses to deduct interest expense against interest income
• Allowing net operating losses (NOLs) to be carried forward indefinitely
• International operations to be taxed on location of consumption rather than location of production

With the potential to have wide implications to the global economy, local businesses and to the average citizen, please join us as our experts provide their views and answer questions you may have.

Panelists speakers include:
 

• Ron Dabrowski is the Technical Deputy to the Principal-in-Charge in Washington National Tax at KPMG.  He has more than 20 years of experience in international and business taxation.  He was a partner at KPMG from 2004 through 2010 and returned to KPMG in 2014, after serving in various positions in the IRS, the Staff of the Senate Finance Committee, and the Treasury Department.  He has extensive experience in large-scale, cross-border mergers and acquisitions, including work in business separations and acquisition integration.
• Penny Mavridis is a senior lead international tax partner at KPMG and is based in New York City. She has more than 30 years of experience in M&A and international tax. Penny joined KPMG in 2006. Prior to joining KPMG, Penny was VP International Tax at Time Warner Corporation, after serving as a tax partner in another Big Four accounting firm. Penny has extensive experience serving clients in cross-border mergers and acquisitions as well as post acquisition restructurings.
• Stephen Ehrlich is a Managing Director in KPMG’s New York Business Tax Services practice.  Stephen has provided tax compliance, consulting, examination and tax financial accounting (ASC 740) assistance to a variety of public and private companies, with a focus on the retail, telecommunications, technology, and media industries.

If you would like to be considered for speaking and/or panel opportunities in the future, or have specific ideas that the WhCFO Affinity Group could host, please reach out to James Son and Saloni Varma at whcfo@whartonny.com.

When:
Monday, April 17, 2017
6:00pm-8:00pm

Where:
Midtown location (Note: Address will be sent via email to all registered guests 24-48 hours prior to the event to the "Primary Email" address listed in your profile. Please review your profile to confirm that the email address listed is correct.)

Cost:
WCNY Supporting & Silver Members - $20.00 (WCNY supporting membership costs $95/yr at Join/Renew Membership)
Gold & Benefactor Members - $0
Other Wharton Alumni/Guests - $40.00

Click here to register.