Watch our Think Tax videos
Our Think Tax short video series looks at the most pressing issues and opportunities in tax today. Watch our videos below to get informed - quickly - on tax issues that affect your business.
Hot topics in US GAAP tax accounting for Irish-based multinationals
As tax and finance teams dive into year-end provisions and disclosures, staying ahead of evolving regulatory and legislative changes is crucial.
Sean Sheridan, Tax Partner, KPMG in Ireland discusses these critical topics with Ashby Corum, Partner in charge of Accounting for Income Taxes at KPMG US.
They cover:
- Key SEC focus areas.
- Preparing for the new accounting standard relating to tax disclosures.
- The potential accounting impact of US tax changes.
The takeaway? Early preparation, clear communication, and dynamic modelling are essential to navigating these changes effectively.
New Revenue guidelines on employment status
Navigating the complexities of employment vs. self-employment status for tax purposes is crucial for businesses. Recent updates from Irish Revenue, influenced by a Supreme Court decision, outline a new 5-step process to assess worker classification. Misclassifications can result in payroll liabilities, emphasising the need for thorough review and documentation. KPMG’s Employment Tax team is here to assist businesses in understanding and applying these guidelines effectively.
CGT Retirement Relief
New rules are due to come into effect next January which may significantly impact the application of CGT Retirement Relief to transfers of family businesses. Watch this short video with KPMG tax experts Kate Newman and Rachael Bell for insights on how the changes may impact the tax implications of the transfer of your family business.
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Pillar Two: M&A, due diligence or internal restructurings
Pillar Two aspects need to be considered carefully for transactions be that M&A, Due Diligence or internal restructurings. In this short video, KPMG Pillar Two experts Jacinta Shinnick, Conor McElhinney and Susan Buggle share some insights from practice on opportunities and areas to watch when it comes to Pillar 2 in the context of different forms of transactions.
