Impact of COVID-19 on International Tax Planning

Holland & Knight and BDO USA, LLP will co-host a webinar tailored to in-house tax professionals, tax lawyers, CPAs, transfer pricing specialists and financial consultants offering an update on COVID-19-related international tax planning opportunities and traps for the unwary. There will be ample opportunity for discussion and Q&A.

Topics include:

• The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) and the international implications of changes to:
  • Net operating loss provisions
  • Section 163(j) (limitation on interest deduction)
• Losses (granite trust/worthless stock/disaster losses/bad debts)
• Impact of current-year losses on tax attributes: domestic income/(loss) and foreign loss/(income)
• Repatriation planning
• Distressed debt planning
• Transfer pricing:
  • Developments in view of COVID-19
  • Status and implications of Altera v. Commissioner
• How foreign corporations and stranded non-resident aliens (NRAs) are impacted by the OECD and U.S. COVID-19 travel disruption relief guidance

Presenters:

William B. Sherman | Partner, Holland & Knight, Fort Lauderdale
James Dawson | Partner, Holland & Knight, West Palm Beach
Alan Winston Granwell | Of Counsel, Holland & Knight, Washington, D.C.
Joseph Calianno | Partner and International Technical Tax Practice Leader,
BDO USA, LLP
Laurie Dicker | Transfer Pricing Technical Tax Practice Leader, BDO USA, LLP