Destination Country X


 

Destination Country X, a KPMG TaxRadio 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.

 

 

 

Hosted by


 

Kimberly Majure

Kimberly Majure

Principal, International Tax, KPMG US

Kortney Wallace

Kortney Wallace

Principal, International Tax, KPMG US

Podcasts


Brazilian Tax Reform: Are We There Yet?

September 14, 2021

Episode 09-2021 | There’s been quite a lot of talk about Brazilian tax reform—including whether it’s going to happen. But if enacted, the current tax reform proposals would go into effect January 1, 2022. This podcast discusses features of the proposed legislation that could significantly change the landscape for U.S. multinational investment and the political pressures that inform likelihood of success. [23:08]

“Value” by Any Other Name: Tax, Pay Equity, and Employee Value

August 6, 2021

Episode 08-2021 | Lisa Cabel (KPMG Law in Canada) and Julie Kushner (KPMG Value Chain Management in the United States) join podcast hosts Kim Majure and Kortney Wallace to discuss the Canadian pay equity rules’ approach to determining employee value and the tax implications, considering the rethinking of the global tax architecture under BEPS 2.0 and the ESG push to think more broadly about the value of people. [22:38]

Between a Rock and a Hard Place: BEAT vs. SHIELD

July 23, 2021

Episode 07-2021 | Podcast hosts Kimberly Majure and Kortney Wallace sit down with Peter Uebelhart and Jennifer Sponzilli with the KPMG U.S. Switzerland Corridor group to discuss the competitive pressures the proposed SHIELD would put on foreign-based multinational groups with U.S. operations. [21:35]

The DST “Trade Off”: The Biden Administration’s Balancing Act

May 18, 2021

Episode 06-2021 | By now we are no strangers to the tax versus trade dynamic. And while we are hearing a shift in tone from the new administration, the overall themes sound very much the same. America first but... friendly? This podcast explores where we are on the trade and customs front and where we seem to be going. [20:44]

Mexico's Labor Reform Redux

April 28, 2021

Episode 05-2021 | Last fall, a labor reform initiative, which would treat intercompany services companies as illegal and force restructuring of many Mexican operations, was making its way through Mexico’s Congress. After some delays, new rules have hit and go into effect on May 1, 2021. This podcast discusses the rules, noting that companies will have three months to restructure or face stiff labor and tax sanctions. [19:06]

Public Country-by-Country Reporting: Opening Pandora’s Box

April 15, 2021

Episode 04-2021 | When the OECD’s country-by-country reporting (CbCR) framework first surfaced, tax authorities took pains to ensure that, to the extent possible, taxpayer information was used appropriately and kept confidential. Then the EU raised the possibility of public CbCR for multinational groups with EU operations. This podcast examines the current state of the recently resurfaced debate. [19:37]

Brexit Finally Here! (Did You Miss It?)

March 18, 2021

Episode 03-2021 | Since the United Kingdom’s 2016 referendum to exit the European Union, we have observed Brexit in sound bites. And while we’ve known it was coming, it still seemed to sneak up on us at the end. This podcast examines expected and unexpected practical challenges the arrival of Brexit has posed for U.K. companies and others doing business with them. [19:03]

Mexico and Argentina Mandatory Disclosure Rules Revisited

March 1, 2021

Episode 02-2021 | Both Mexico and Argentina introduced mandatory disclosures rules last year. The expectation was that, as more guidance was issued, the path for compliance would grow clearer. As it turns out, this has not necessarily been the case. This podcast examines recent developments, practical challenges, early insights, and open issues. [19:40]

Remote and Mobile Workforce Tax Issues: Work Anywhere, Tax Somewhere(s)

January 22, 2021

Episode 01-2021 | One of the biggest challenges facing employers today is managing remote workplace issues—both locating personnel somewhere other than the traditional office setting and benching otherwise mobile workforces, especially in the executive ranks. This podcast discusses potential U.S. federal, U.S. state, and foreign tax issues that can arise when making remote workforce decisions. [19:24]

Archived episodes 2020

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

December 22, 2020

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

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 Mandatory Disclosure Rules – Are You Prepared?

November 5, 2020

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

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

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

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]