Agenda*

TUESDAY, NOVEMBER 6

5:30PM – 7:00PM

Welcome Reception
FYVE Restaurant Lounge at the Ritz-Carlton, Pentagon City

WEDNESDAY, NOVEMBER 7

8:30AM – 9:00AM

Breakfast & Registration

9:00AM – 9:45AM

What’s Next in Tax for Supply Chain, Sourcing and Manufacturing?

  • Yvonne Metcalfe, Tax Principal – International Tax Services – Operating Model Effectiveness, EY

    How can companies with global supply chains keep ahead of the curve? How are the impacts of US and global tax reform, including rules on trade and tariffs, impacting the way companies make decisions about product development, sourcing, and making and delivering products? This session will be a deeper dive into current direct and indirect tax considerations influencing, and influenced by, the global supply chain and will be relevant for manufacturing and tax professionals.

9:45AM – 10:30AM

Tax Accounting Considerations for Tax Reform

The Tax Cuts and Jobs Act significantly changed US income tax law, resulting in significant income tax accounting implications for most companies. This session will address tax accounting topics such as:

  • Finalizing the tax accounting for tax reform under SAB 118

  • Accounting for GILTI and the accounting policy choice

  • FIN 48 and Tax Reform

Matt will also address the practical implications to businesses, and how we are seeing our clients respond.

10:30AM – 10:45AM

Networking Break

10:45AM – 11:30AM

Operational Implications to Global Tax Functions

  • Tiffani Pierson, Partner – Americas Global Compliance and Reporting Deputy Leader and Business Tax Compliance Leader, EY

  • Marc Borstein, Partner, National Tax Technology and Transformation (TTT) Practice, EY

    Are you ready for your tax reporting obligations? How are companies operationalizing tax reform, and responding with process and technology improvements? In addition to U.S. tax reform, what other global disruptors and legislative changes have operational implications for tax functions? This session will be a discussion of the operational implications to global tax function.

11:30AM – 12:15PM

Recent US International Tax Developments

  • Allen Stenger, Principal, National Tax Department — International Tax Services, EY

This session will offer insights into various international tax guidance recently issued and expected related to the Tax Cuts and Jobs Act (TCJA).

12:15PM – 1:15PM

Lunch

1:15PM – 2:00PM

Midterm Election Results: What’s on the Horizon for Legislative and Policy Changes?

  • Gary Gasper, Co-Leader, Washington Council Ernst & Young Practice


    The 2017 Tax Cuts and Jobs Act amended the IRS Code of 1986 and provided a significant change to corporate tax codes. It also spurred rhetoric and new legislation ahead of the 2018 midterm elections to help both sides of the aisle win seats.

    Tax Reform for US Manufacturers will occur the day after the midterm elections. This session will provide an immediate recap of what happened during the November 6 election, what’s known, what remains unknown, and what does this mean for manufacturing companies.

2:00PM – 3:00PM

Ignite Session

Join fellow manufacturing leaders to discuss tax reform and what it means to your company. Have candid conversations with peers to help you solve your most pressing challenges. Attendees will have the opportunity to provide suggestions for discussion topics.

3:00PM – 3:15PM

Networking Break

3:15PM – 4:00PM

Tax Reform's Impact on State Income Tax

While the effect of the TCJA on the federal taxation of businesses has been much discussed, less well understood may be the impacts these changes will have on state corporate income tax revenues. The degree of tax base expansion in each state will depend on how a state conforms or chooses not to conform to the new IRC, the composition of its economy, and the way in which specific provisions contained within the TCJA are implemented at the federal level. Steve Wlodychak, Principal with EY’s Indirect (State and Local) Tax Practice and the state and local tax leader of our Center for Tax Policy, will provide insight on the key implications of these changes to your business’ tax profile.

*Agenda is subject to change.