The Trump Administration announced the core principles of the president’s plan for the US Tax Reform in the end April. The plan includes e.g. significant reduction in the corporate income tax rate, move from worldwide to territorial tax system and one-time repatriation tax on existing overseas profits. The highly criticized Border Adjustment Tax is currently not included in the plan, however it is unsure whether it has been completely abandoned.
As an update for the roundtable held in Helsinki in March, Fred Gander, the head of KPMG US desk in London, will introduce the latest outlines for the US Tax Reform, with a focus on international tax aspects. In addition, he will provide insight on how the changes could affect both US and European-headquartered multinational entities. We will also discuss the anticipated timing and the actual process for enacting this major tax reform legislation.
Participation is free of charge
Fred Gander leads KPMG's US Tax practice in London and is a principal in Washington National Tax. He has 30 years of experience advising clients on a broad array of US international and inbound tax matters. He has been practicing U.S. tax in London since 1991, prior to which he practiced in Washington D.C.
Mr. Gander's practice includes advising multinational corporations, financial institutions and investment funds on the taxation of their cross-border transactions and business operations. In particular, he assists multinational corporate groups in implementing cross-border and US inbound mergers and acquisitions, restructurings, joint ventures, and dispositions. He also has extensive experience in structuring cross-border financing, intellectual property transactions and tax-efficient profit repatriation strategies.