ON DEMAND

International Tax Considerations for Distressed Businesses

"Another great CohnReznick Webinar." —

The Details
The International Monetary Fund recently announced that, based on the impact of the Coronavirus Pandemic, that in 2020, the global economy is projected to contract sharply by -3%. While this is not unexpected, it is jarring, and on the mind of all businesses. Additionally, alongside the concern for the health and wellbeing of families and teams, business owners and executives are now tasked with acting quickly to work towards the best possible outcome for their businesses.

Join us for a timely and informative webinar where members of CohnReznick’s International Tax Team will discuss various modifications to terms of indebtedness of controlled foreign corporations and the impact to US shareholders of such modifications

Other topics to be covered include:
  • Payments on cross-border indebtedness in the context of distressed debt.
  • New loss carrybacks rules and their interplay with the Section 965 transition tax, and Global Intangible Low-Taxed Income (GILTI).
  • Tax planning considerations for insolvent foreign subsidiaries.
  • General transfer pricing considerations in this uncertain economic environment.


Please note the webinar will be played through your web browser. Speakers or a headset is required.
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James Robbins, JD, LLM,
Principal, CohnReznick
Speaker
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Christina Lee, CPA,
Partner, CohnReznick
Speaker
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Eytan Burstein
Director, CohnReznick
Speaker
REGISTER
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CPE Information
Live event participants can earn up to 1 CPE credit in the Taxes field of study.

Program description:The International Monetary Fund recently announced that, based on the impact of the coronavirus pandemic, that in 2020, the global economy is projected to contract sharply by -3%. While this is not unexpected, it is jarring, and on the mind of all businesses.

Program level: Intermediate

Prerequisites: Current or past experience with international tax planning and/or implementation issues.

Advanced Preparation: None

Topics to be discussed include:
  • Payments on cross-border indebtedness in the context of distressed debt.
  • New loss carrybacks rules and their interplay with the Section 965 transition tax and Global Intangible Low-Taxed Income (GILTI).
  • Tax planning considerations for insolvent foreign subsidiaries.
  • General transfer pricing considerations in this uncertain economic environment.

Instructional Delivery Method: Group Internet Based

Who Should Attend: Those interested in learning more about the various modifications to terms of indebtedness of controlled foreign corporations and their impact to U.S. shareholders.

sponsorlogo.pngCohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org