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Corporate & International Tax Implications of the Inflation Reduction Act of 2022

September 13, 2022

This webinar will cover the corporate and international tax provisions in the Inflation Reduction Act and the CHIPS and Science Act. We’ll do a deep-dive discussion and provide practical considerations on:

  • The corporate minimum tax, including who will be subject to this new tax, how to compute the tax, and who is exempt from the tax.
  • The international tax implications of the corporate minimum tax and how this tax policy interacts with the OECD’s BEPS Pillar Two initiative.
  • The new stock buyback excise tax, including when it goes into effect, who will be subject to the excise tax, and what transactions are exempt from this tax.
  • Other notable tax considerations for corporate taxpayers, including changes to R&D expensing.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Explain corporate and international tax provisions included in recent legislation passed by Congress.
  • Discuss the impact these provisions will have on corporate taxpayers.

Presenters

Phil Laminack, Justin Metcalfe

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