GILTI and State Income Tax Filing Obligations – Navigating the Labyrinth

Moderator:

Michell Rodriguez, Costco Wholesale Corporation

Speakers:

  • Maria P. Eberle, Baker & McKenzie
  • Jessica Morgan, Ernst & Young LLP
  • Steve Young,  Holland & Hart LLP

Session Description:

The TCJA raised complex federal tax filing questions. States vary widely as to how they implement and address these provisions at the state level. This session will provide an in-depth look at the state tax filing considerations arising from GILTI, the Section 250 deduction, and distributions of previously-taxed earnings and profits.

Learning Objectives:

After this session, attendees will be able to (1) identify the state tax filing implications arising from GILTI, the Section 250 deduction, and distributions of previously-taxed earnings and profits, and (2) address state-specific approaches to these issues.

INTL SALT
Location: Date: March 24, 2021 Time: 11:30 am - 12:45 pm