Accounting for income taxes considerations of potential tax reform

As the Build Back Better Act moves through Congress, many companies are considering the implications the legislation would have to their reported amount of income taxes at both the date of enactment and in subsequent periods.  

This one-hour TaxWatch webcast discusses the accounting for income taxes implications of the proposed legislation, including corporate alternative minimum tax, global intangible low-taxed income, foreign tax credits, base erosion and anti-abuse tax, interest expense, and excise tax on repurchase of corporate stock.