Overview
The One Big Beautiful Bill Act will bring significant changes for multinational companies. With major revisions to international tax rules and recent and long-standing tax provisions, this legislation could materially affect global tax planning, compliance obligations, and operational strategy.
Join McDermott’s Tax team to unpack the critical elements of the bill and discuss strategic responses to help your organization plan ahead. Gain practical insights on navigating the evolving rules around global structures, expense deductions, and R&D investment.
Topics for Discussion:
- Revised international rules, including global intangible low-taxed income (GILTI), foreign-derived intangible income (FDII), and the base erosion and anti-abuse tax (BEAT)
- Updates on the US “Big Three” – Section 163(j), bonus depreciation, and Section 174
- Initial perspectives on strategic considerations
Register here.
CLE / CPE
CLE credit is pending. McDermott is an approved provider and can provide credit in California, Illinois, and New York. McDermott is a sponsor and will apply for credit in Delaware, Florida, Georgia, Tennessee, Texas, and Virginia when lawyers licensed in these jurisdictions are in attendance. We can issue reciprocal credit for lawyers licensed in Connecticut and New Jersey. For all other jurisdictions not listed*, attendees will be provided with a Universal Certificate of Attendance which they may use to self-apply for CLE credit in their state of admission. Attendees should contact their state’s CLE Board for current rules, regulations, and guidance.
McDermott is a licensed CPE provider with the Illinois Department of Financial and Professional Regulation. A Multi-Jurisdiction Certificate of Attendance will be made available to participants requesting CPE credit in all other jurisdictions.