transcript   Transcript

Impact of 2017 Tax Act on Cross-Border Acquisitions and Divestitures

Recorded on: Oct. 22, 2018
Running Time: 01:17:02

Full Transcript:

If you are a Privileged Member, just log in and start reading now! If you are not a Privileged Member, please click here to learn how unlimited access to PLI programs may be right for you and your firm.

To access the streaming media of this presentation, please purchase the corresponding seminar segment.

Taken from the Web Program Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2018 Recorded October 2018 in New York

Impact of 2017 Tax Act on Cross-Border Acquisitions and Divestitures [01:17:02]

Key corporate and shareholder tax issues; impact of lower corporate rates and limitations on losses and deductions; impact of global intangible low-taxed income (“GILTI”) on purchase transactions; changes to the foreign tax credit rules; some surprising changes affecting cross-chain transfers among affiliated corporations; impact of new rules on some of the negotiating dynamics between buyers and sellers over issues such as a pre-closing tax indemnity and control of post-closing examinations.

Kimberly S. Blanchard, Nicholas J. DeNovio, Hal Hicks, Shane M. McCarrick [Senior Counsel, Office of the Associate Chief Counsel (International, Branch 4), Internal Revenue Service]

The purchase price of this Web Program segment includes the following article from the Course Handbook available online:
  • Latham & Watkins White Paper—US Tax Reform: Key Business Impacts, Illustrated with Charts and Transactional Diagrams, No. 2266 (January 10, 2018)
    Nicholas J. DeNovio
  • Latham & Watkins Client Alert Commentary—Cross-Border M&A: Putting the Recently Finalized US Inversion Regulations into Context Following US Tax Reform, No. 2355 (July 26, 2018)
    Nicholas J. DeNovio
Presentation Material
  • Impact of 2017 Tax Act on Cross-Border Acquisitions
    Kimberly S. Blanchard, Nicholas J. DeNovio, Hal Hicks
  • (s)
    Kimberly S. Blanchard ~ Weil, Gotshal & Manges LLP
    Nicholas J. DeNovio ~ Latham & Watkins LLP
    Hal Hicks ~ Skadden, Arps, Slate, Meagher & Flom LLP
    Shane M. McCarrick ~ Senior Counsel, Office of the Associate Chief Counsel (International, Branch 4), Internal Revenue Service
    Transcript FAQ's
    • How Can I Access Transcripts?
      You must be a Member in good standing.

    • Can I access the Video?
      Yes, you can access the video if you have the Adobe Flash plugin installed. Click on the video camera icon when you mouse over each paragraph. The media will begin playback at that point.

    • Can I get CLE credit for reading the transcript?
      No, CLE credit cannot be earned for reading a transcript. CLE credit is issued only for verified attendance while watching a web program. If seeking credit, please verify the program's eligibility for credit and expiration date in your jurisdiction on the web segment launch page before commencing the program.
    • twitter
    • LinkedIn
    • YouTube
    • RSS

    All Contents Copyright © 1996-2019 Practising Law Institute. Continuing Legal Education since 1933.

    © 2019 PLI PRACTISING LAW INSTITUTE. All rights reserved. The PLI logo is a service mark of PLI.