Destination Country X


 

Our Destination Country X podcast series features current tax and trade developments affecting cross-border business. Professionals from KPMG in the United States and KPMG International member firms discuss potential benefits and practical challenges for multinational enterprises and provide insights to help you navigate the investment landscape.

 

 

 

Podcasts

Cross-Border Highlights of the Biden Tax Plan, Chapter 2

December 22, 2020

Destination Country X Episode 07-2020 | Post-election (but before Senate control has been determined), this podcast examines a range of potential tax and trade legislative and regulatory developments under the incoming Biden Administration: repeal or modification of TCJA tenets, proposed onshoring tax credit, implications for U.S. competitiveness, IRS and CBP funding, and public country-by-country reporting. [17:01]

Argentina’s Mandatory Disclosure Rules: Limited Time, Limited Guidance, Immediate Effect

December 16, 2020

Destination Country X Episode 06-2020 | Argentina published its mandatory disclosure rules on October 20, 2020, with immediate effect. The rules, including the 10-business-day reporting requirements, are not self-executing; specific compliance details are yet to be released. This podcast focuses on the challenges taxpayers are facing in light of the new (yet incomplete) MDR rules. [16:05]

Mexico's New Labor Proposals and Tax Implications for Mexican Operations

December 7, 2020

Destination Country X Episode 05-2020 | New labor proposals in Mexico—which, if passed, could go into effect early next year—have been introduced to protect workers’ labor and social security rights. Listen to this podcast to learn why and how the structure of Mexican operations may need to change. [19:48]

Mexico’s Mandatory Disclosure Rules – Are You Prepared?

November 5, 2020

Destination Country X Episode 04-2020 | While the EU’s DAC6 mandatory disclosure regime (MDR) and its delayed implementation has been the subject of significant discussion, less is known about Mexico’s MDR, which begins January 1, 2021. This podcast discusses the similarities and differences between Mexico's MDR and DAC6 as well as what companies should be doing to prepare for compliance. [16:56]

Cross-Border Trade Disruption: Tariff vs. Tax?

October 31, 2020

Destination Country X Episode 03-2020 | Recent tariff and digital services tax (DST) activity has affected cross-border trade, sometimes in unexpected ways. This podcast looks at U.S. protective tariff actions, how DST developments have become intertwined with these actions, and the interaction between the interaction between the U.S.-Mexico-Canada Agreement and Mexico’s new digital VAT. [15:58]

Cross-Border Highlights of the Biden Tax Plan

October 12, 2020

Destination Country X Episode 02-2020 | The Biden tax plan includes pieces that may affect multinational enterprises, and some cross-border issues have not yet been addressed by Candidate Biden. This podcast discusses the minimum tax, GILTI, and anti-round tripping proposals, what may happen with the FDII and BEAT regimes, how the BEPS 2.0 initiatives may be addressed, and the use of taxes versus tariffs. [16:02]

Mexico's "Anti-Deduction" Rules

October 1, 2020

Destination Country X Episode 01-2020 | Mexico’s 2020 tax reform features several measures implementing pieces of the OECD’s BEPS initiative, including new deduction disallowance, or “anti-deduction,” rules. This podcast explores the new rules and practical considerations for multinational enterprises wth operations in Mexico. [16:28]