Tax Readiness

Janice Mays shares her takeaways from this week, including that Senate Majority Leader Chuck Schumer and Senator Joe Manchin met to discuss moving forward the House-passed budget reconciliation bill and the Senate started its conference process on the US competitiveness legislation. She also answers the question that she received most this week: Will Congress delay the Section 174 amortization requirement?     

Presenter:

• Janice Mays, Managing Director, PwC’s Washington National Tax Services Practice

Congress returns the week of April 25th for a 5-week work period. Rohit Kumar shares why a corporate rate increase is unlikely and what to watch for in the coming weeks. He also answers the question that he received most this week: Are Democrats going to take another run at reconciliation legislation? 

Presenter:

• Rohit Kumar, PwC’s Washington National Tax Services Co-leader

Drew Lyon shares his insights on the March inflation release and looks ahead to the guidance that companies include in their Q1 earnings releases for the rest of the year. He also answers the question that he received most this week: How does inflation impact Congressional interest in reviving Build Back Better legislation? 

Presenter:

• Drew Lyon, Principal, National Economics and Statistics Leader, PwC US

All focus is on what’s next for US legislation and Pillars 1 & 2. Pat Brown shares how his takeaways from this week have ties to the past, present, and future. He also answers the question that he received most this week: Why is Poland holding up Pillar 2?

Presenter:

• Pat Brown, PwC’s Washington National Tax Services Co-leader

Todd Metcalf shares his insights on President Biden’s FY23 budget that was released on Monday. He also answers the question that he received most this week: How real are these budget proposals?

Presenter:

• Todd Metcalf, Principal, PwC’s Tax Policy Services Practice

Recent New York court rulings are changing the guidelines for business tax payers around information service, software as a service, and taxation of bundled and mixed offerings, In this episode, PwC professionals from the State and Local Tax practice analyze these recent rulings.

Presenters:

• Jamie Brenner, State and Local Tax Partner, PwC US
• Rob Morse, State and Local Tax Director, PwC US

Ken Kuykendall shares his takeaways from a busy week – movement of US competition legislation, Supreme Court nomination, and OECD guidance on taxing virtual currencies.

Presenter:

• Ken Kuykendall, PwC’s US Tax Leader and Tax Consulting Leader

Will Morris shares his insights on the OECD Pillar Two Commentary and EU Minimum Tax Directive — both released this week. He also answers the two questions that he received most this week: First: does the Commentary make things clearer — and more positive for business? Second, when is all this going to happen?

Presenter:

• Will Morris, PwC’s Deputy Global Tax Policy Leader

Andrew Prior shares his insights on recent bipartisan cooperation in the face of geopolitical tensions and explains why companies should focus their attention on global tax policy in the near term. He also answers the question that he received most this week: What is the fate of reconciliation legislation and proposed tax increases?

Presenter:

• Andrew Prior, Managing Director, PwC’s Tax Policy Services Practice

Potential scenarios and outcomes of the BBB bill and the impact on Green energy incentives should it fall apart.

Speakers:

• Sal Montalbano - US Power & Utilities Tax Leader, PwC US
• Scott McCandless - Partner, Tax Policy Services, PwC US