Day 1
Thursday May 08, 2025
9:00am- 5:30pm
Location: NCH Corporation
2727 Chemsearch Blvd, Irving, TX 7506
Day 1 Summary – ASC 740 Course
- ASC 740 Overview & Updates – Provision calculations, effective tax rates, and state/local provisions.
- Net Operating Losses & Valuation Allowances – NOLs in business combinations and valuation allowance assessments.
- Interim & Intra-Period Reporting – Annual effective tax rate, discrete items, and quarterly provisions.
- Business Combinations & Equity Components – Purchase price allocation, deferred tax impacts, and shareholder equity.
- Stock Compensation & Uncertain Tax Positions – Tax deductions, APIC pools, FIN 48 disclosures.
- Best Practices & Technology Demo – ERP integration, reconciliations, and provision automation.
Day 2
Friday May 09, 2025
9:00am- 5:30pm
Location: Fluor Enterprises
6700 Las Colinas Blvd Irving, TX 75039
Day 2 Summary – ASC 740 Course
- Legislative & Regulatory Updates – Latest tax law changes impacting foreign income taxation.
- U.S. Foreign Income Tax Credit – GILTI, FDII, BEPS, global taxation, Section 78 gross-up, and earnings & profits.
- Foreign Tax Credit Strategies – Section 965 impacts and amended return opportunities.
- Foreign Tax Provision & Local Considerations – Subsidiary and branch taxation, basis differences.
- Repatriation of Non-U.S. Earnings (ASC 740-30) – General rules, exceptions, and tax implications.
- Transfer Pricing & BEPS Updates – Compliance and regulatory changes.
- Currency Translation (ASC 830-740) – Definitions, transaction vs. translation gains/losses.
- Q&A & Summary – Key takeaways and best practices discussion