Breakout Session: The New World of Corporate Taxation

The new Trump Administration has promised sweeping personal and corporate tax reform. Press reports suggest major initiatives to reduce marginal rates, significantly alter the deductibility of various expenses (including, most controversially, interest expenses), and perhaps also dramatically to alter the taxation of imports and exports in an effort to increase domestic employment. Proposals also abound as to strategies designed to stimulate repatriation of the hundreds of billions in cash held offshore, primarily by a small number of U.S.-based multinationals. This session will explore those proposals from a pragmatic perspective and address steps that corporate boards should consider in anticipation of such potential change.