International R&E: Impact of Section 174 Capitalization Requirements on Multinational Taxpayers
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This webinar will discuss the impact of recent changes to the deductibility of research and experimental expenditures (R&E) on multinational taxpayers. Our panel of international tax advisers will clarify what costs constitute R&E expenses, explain how these costs should be treated, and provide examples of the impact of these changes on GILTI, FDII, foreign tax credits, and other foreign tax calculations.
Outline
- New R&E capitalization requirements
- Identifying Section 174 assets
- Amortization
- Impact on foreign tax calculations
- GILTI
- FDII
- Foreign tax credits
- BEAT
- Other foreign tax calculations
- Best practices
Benefits
The panel will review these and other critical issues:
- Identifying R&E expenses subject to Section 174 capitalization requirements
- Determining how amortization requirements affect GILTI calculations
- Deciding tax strategies to mitigate the effects of changes to Section 174 acquisitions
- Differences between R&E and R&D expenditures
- Tracking R&E costs
Faculty
![Peters, Julie](/img/t/e5af87096e5a85c7b2a8c9cbd4561153.jpg)
Julie Peters, CPA
Tax Senior Manager
Plante Moran
Ms. Peters specializes in tax credits and incentives, notably the R&D tax credit, with diverse industry experience... | Read More
Ms. Peters specializes in tax credits and incentives, notably the R&D tax credit, with diverse industry experience and a focus serving clients in the technology industry
Close![Piwonski, Robert](/img/t/37889b6fd572c9fa9b629f3bc7de9570.jpg)
Robert Piwonski, CPA
International Tax Senior Manager
Plante Moran
Mr. Piwonski is an experienced senior tax manager and has more than ten years of public accounting experience assisting... | Read More
Mr. Piwonski is an experienced senior tax manager and has more than ten years of public accounting experience assisting clients in a wide variety of industries. His clients range from owner-managed to private equity businesses with both inbound and outbound foreign investment and revenues ranging from $8million to $2billion. Mr. Piwonski assists companies with their global compliance and effective tax rate considerations, as well as advising on cross-border transactions, providing international tax due diligence and continuous strategies to reduce worldwide cash taxes.
Close![Woods, Jay](/img/t/7ffeceb442cd3a8a8bb780f7d5c9b7d8.jpg)
Jay Woods, CPA
International Tax Manager
Plante Moran
Mr. Woods is a tax manager at Plante Moran focusing on international and corporate tax. He has experience assisting... | Read More
Mr. Woods is a tax manager at Plante Moran focusing on international and corporate tax. He has experience assisting inbound and outbound cross-border businesses with various matters, including global tax compliance, cash repatriation planning, and global tax efficiency​.
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CPE credit is not available on downloads.
CPE On-Demand