PLANNING FOR TAX REFORM THE JOURNEY TO A TERRITORIAL SYSTEM OF TAXATION $ $ CURRENT STATE FUTURE STATE WORLDWIDE SYSTEM OF TAXATION TERRITORIAL SYSTEM OF TAXATION HOW CAN BDO HELP? Moving from a worldwide system of taxation to a territorial system of taxation requires the ability to understand and build a framework for the future state. Given the passing of tax reform, U.S. multinational companies should be evaluating the potential tax impact of the legislation such as a one-time taxable event for accumulated overseas earnings in moving to a territorial system of taxation. BDO can assist U.S. multinationals in assessing the impacts by analyzing and reviewing key tax attributes, such as earnings and proﬁts, foreign tax pools, tax basis, and loss carryforwards. In an attempt to break down the complexity of what U.S. international tax reform means to multinational organizations, BDO looks at ﬁve questions every Tax, Treasury, and Logistics executive should ask in light of the changing international tax landscape. Data Management and Tax Attribute Modeling Compliance and Reporting Strategic Planning

PLANNING FOR TAX REFORM...Planning BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly

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PLANNING FOR TAX REFORMTHE JOURNEY TO A TERRITORIAL SYSTEM OF TAXATION

$ $

CURRENT STATE FUTURE STATE

WORLDWIDE SYSTEM OF TAXATION

TERRITORIAL SYSTEM OF TAXATION

HOW CAN BDO HELP?

Moving from a worldwide system of taxation to a territorial system of taxation requires the ability to understand and build a framework for the future state. Given the passing of tax reform, U.S. multinational companies should be evaluating the potential tax impact of the legislation such as a one-time taxable event for accumulated overseas earnings in moving to a territorial system of taxation.

BDO can assist U.S. multinationals in assessing the impacts by analyzing and reviewing key tax attributes, such as earnings and profits, foreign tax pools, tax basis, and loss carryforwards. In an attempt to break down the complexity of what U.S. international tax reform means to multinational organizations, BDO looks at five questions every Tax, Treasury, and Logistics executive should ask in light of the changing international tax landscape.

Data Management and Tax Attribute

Modeling

Compliance and Reporting

Strategic Planning

https://www.bdo.com/insights/tax/international-tax/5-questions-every-tax,-treasury,-and-logistics-exe.aspx

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, and advisory services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through more than 60 offices and over 550 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 73,800 people working out of 1,500 offices across 162 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com.

Material discussed is meant to provide general information and should not be acted on without professional advice tailored to your firm’s individual needs.

CONTACT:

MONIKA LOVING International Tax Partner and National Practice Leader 404-979-7188 [email protected]

JOE CALIANNO Partner and International Technical Tax Practice Leader, National Tax Office 202-904-2402 [email protected]