U.S. Tax Reform, One Year Later - Where Are We?

Overview

The U.S. tax reform enacted at the end of 2017 was the most sweeping overhaul of the U.S. tax code in decades.  Given the unprecedented nature of this reform, there was significant uncertainty about how these new rules would be shaped and applied.  It is only now, a year later, that the details of many aspects of the reform are beginning to come into focus, as the U.S. Treasury has begun the daunting project of releasing critical guidance.

Given their strong economic connections, few non-U.S. countries are as deeply affected by U.S. tax reform as Canada.  As the true impact of tax reform begins to be felt, it is imperative for Canadian businesses to take a moment to reassess and analyze how these seismic shifts next door affect them.

This seminar will synthesize and summarize the waves of U.S. tax guidance that have been released over the last year with a view to giving Canadians an up-to-the-minute overview of what matters most to them.  The seminar will also provide a practical discussion on how Canadian businesses and investors are reacting to these changes and possible future directions for cross-border tax planning.

Key topics will include the following:

• anti-hybrid provisions and their impact on cross-border financing options;

• the “base erosion anti abuse tax” (“BEAT”);

• restrictions on interest deductibility; and

• changes in cross-border M&A practices and other trends arising from U.S. tax reform. 

Agenda

7:30 a.m.- 8:00 a.m. - Registration and Breakfast

8:00 a.m. - 9:30 a.m. - Seminar