Engineers' Society of Western Pennsylvania

Location

337 Fourth Avenue
Pittsburgh, PA 15222

Phone: (412) 261-0710 Email: eswp@eswp.com Get Directions

2021 Virtual Events Schedule

 

Wednesday, January 27, 2021

8:30 am–10:30 am  –  Register Below

You are invited to join TEI-Pittsburgh and PwC for our third Back to Basics session of the year on Wednesday, January 27th 8:30-10:30 Eastern.  Tom Carpenter and Reid Meyer will be discussing the outline below.  This training will cover the basics for those with minimal exposure to International Tax and will deep dive into certain areas to provide updated information to our experienced attendees too.

2CPE (free) will be provided if attendance requirements are met.

If you haven’t joined TEI – Pittsburgh Chapter membership yet, click the link to learn more about the organization and consider joining today.  www.tei.org/membership

 

B2B International Tax:

Intro to International Tax

Foreign Tax Credit

  • Types of Foreign Tax Credit
  • Creditable Foreign Taxes
  • Limitation and Usage of Credits

Subpart F / FILTI

  • Anti-deferral Generally
  • Subpart F – FBCSI / FPHCI
  • Subpart F – GILTI

FDII

  • Overview / History
  • Key terms / concepts
  • Determining Deduction

BEAT

  • Overview
  • Key terms / concepts
  • Determining Liability

 

Speaker BIOs

Tom Carpenter: Tom is a Senior Manager in PwC’s International Tax Practice with over 9 years of international tax experience.  In his practice, Tom advises multinational companies on the US international tax implications of a wide range of transactions such as cross-border payments, international structuring, and operating models.  From 2018 to 2020, Tom was based in London as a member of PwC UK’s US International Tax Desk.  In that role, Tom predominantly advised non-US multinational companies on inbound US investment in areas such as US tax treaty qualification, financing US operations, and various structuring transactions.  With the exception of his time in London, Tom has been based in PwC’s Pittsburgh, PA office throughout his career.

Reid Meyer: Reid is a Director in PwC’s International Tax Practice serving clients primarily in the private equity / private company space of the Pittsburgh and Cleveland markets.  Reid has over 15 years of experience in tax planning and structuring, compliance, and tax accounting for multinational businesses of all sizes.  Recently, Reid has been focused on assisting small and mid-size companies deal with the additional rigors imposed by the 2017 international tax reform passed by Congress and helping those clients manage this significant legislative change.  Prior to tax practice, Reid worked supporting IBM’s corporate finance and planning function in Armonk, NY.

Reid has a JD from the University of Pittsburgh School of Law, where he was on the executive board of the Pittsburgh Tax Review, and a BS in Finance from the Pennsylvania State University.  He is a member of the Bar of the Commonwealth of Pennsylvania, current Chair of the Allegheny County Bar Association Tax Section, member of the Allegheny Tax Society, and member of the Pittsburgh Tax Club, where he formerly served as President.  Reid is also an Adjunct Professor at the University of Pittsburgh School of Law teaching introductory accounting for lawyers and has co-taught international tax courses for the MST programs at the University of Akron and Robert Morris University.

To learn how PwC handles personal information submitted to Webex please refer to PwC Privacy Statement – https://www.pwc.com/gx/en/legal-notices/pwc-privacy-statement.html