The interest of investments in Puerto Rico has increased dramatically over the last few years. When looking to do business, it is important to understand the differences, like the filing requirements and the tax liabilities, of its separate tax regime. PwC professionals from the State and Local Tax practice explore Puerto Rico's unique laws and regulations and the implications for the asset and wealth management industry.

Presenters:

• Jennifer Rada, State and Local Tax Partner, PwC US
• Johnny Garcia, State and Local Tax Principal, PwC US 

This summary of PwC's Tax Insight provides an analysis of key business and individual provisions proposed as part of the revised Build Back Better bill. A chart summarizing effective dates in the bill is set forth at the conclusion of the full Insight.

Contacts:

• Pat Brown - Washington National Tax Services Co-Leader, PwC US
• Rohit Kumar - Washington National Tax Services Co-Leader, PwC US

In this podcast, Sal Montalbano, PwC US Power & Utilities Tax Leader, goes over the latest tax reform guidance on excess deferred taxes and how that could affect utilities.

Speaker:

• Sal Montalbano, US Power & Utilities Tax Leader, PwC US

The 2015 Bipartisan Budget Act (BBA) formed the federal partnership audit provision to replace and simplify the 1982 TEFRA Act of 1982 partnership audit rules. In this episode, PwC professionals from the State and Local Tax practice discuss the effects on, and reactions from, states on these updated federal provisions.

Presenters:

• Brittany Stanford - State and Local Tax Director, PwC US
• Adam Shoemaker - State and Local Tax Director, PwC US
• Brad West - State and Local Tax Principal, PwC US

Due to challenges such as inconsistent formats and manual manipulation of data from different sources, Tax functions spend over 50% of their time gathering and managing tax data. In this episode, PwC professionals from the State and Local Tax practice sit down to explain how technologies can be used as a strategic asset, allowing Tax functions to use much of their time working on value-added activities.

Speakers:

• James Pattison  State and Local Tax Senior Manager, PwC US
• Stephen Mahadeo , State and Local Tax Partner, PwC US
• Larissa Knierim , State and Local Tax Senior Manager, PwC US

The historic negotiations taking place this year at the OECD, G-7 and G-20 will be critical to the future of international tax reform. In this excerpt of PwC’s Tax Readiness webcast on uniform corporate tax rules, the panelists provide an update on the recent OECD and G-20 negotiations and help those in Tax, Treasury, Operations and the C-Suite navigate this complicated landscape.

Speakers:

• Ken Kuykendall – US Tax Leader & Tax Consulting Platform Leader, PwC US
• Pam Olson - Consultant, Tax Policy Services, PwC US
• Paige Hill  - Transfer Pricing Leader, PwC US
• Will Morris - Deputy Global Tax Policy Leader, PwC US
• Chip Harter – Senior Policy Advisor, Washington National Tax Services, PwC US

Pam Olson shares two major takeaways from this week, including the House passage of a budget. She also answers the question that he received most this week: What will the role of the moderate Democrats be in tax and spending legislation?  Learn more at PwC.com - https://www.pwc.com/us/policyondemand.

In this episode:

• Pam Olson, Consultant, Tax Policy Services, PwC US

Mark Prater shares why all eyes should be on House leadership next week as members return from recess to consider the budget resolution. He also answers the question that he received most this week: What are the next steps for the reconciliation bill?  Learn more at PwC.com - https://www.pwc.com/us/policyondemand

Speaker:

• Mark Prater, Managing Director, Tax Policy Services, PwC US

How are companies focusing on the economy? In a conversation with Drew Lyon, we discuss the impact of certain factors on the economy, possible impact of the infrastructure package, and the future of inflation. Learn more at https://www.pwc.com/us/policyondemand.

In this episode:

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

The US Treasury is expected to increase its examination of inbound deals that may be a risk to national security. Craig Stronberg discusses the latest developments that businesses should care about and what they should expect.  Learn more at https://www.pwc.com/us/policyondemand.

Speakers:

• Craig Stronberg, PwC’s Intelligence’s leader for Business Acumen, PwC US
• Sindhu Blume, Host, Policy on Demand, PwC US