US Tax Reform (Penang)

The US Congress has approved and the US President has signed into law a massive tax reform package. This moves the US toward a participation exemption-style system for taxing foreign-sourced income of domestic multinational corporations, with some of the cost of that tax relief offset by provisions that scale back or eliminate many longstanding deductions, credits, and incentives for businesses and individuals. The impact of these changes could be significant to global multinational companies operating in or trading with US and may influence strategic decision makings.

AMCHAM is delighted to have three tax experts from Deloitte to help address and highlight key areas that are relevant to U.S. companies based in Penang, on Wednesday, July 18 from 1.50 p.m. to 4.30 p.m. at the Hotel Equatorial Penang.

This is a sharing session of what companies need to be cognizant about. Seminar outline:

· Global Tax Perspectives & Trends

– A World of Change

– Industry Lens (What / How / When)

· U.S. Tax Reform – Value Chain Impact

– Risks and Opportunities

– Local Jurisdiction Considerations

Seats are limited to two persons per company, on a first-come first-served basis and coffee/tea will be served. The ticket price is now priced slightly more to cover the costs of holding the program in a larger space.

For more details, please contact Elyna at [email protected]