During this session discover how your organization can optimize your tax strategy, minimize liabilities and maximize savings through strategic tax analysis and planning. Learn how a holistic approach in assessing your company's tax landscape and identifying opportunities for optimization. Whether you are navigating complex international tax structures, exploring new markets or seeking compliance and asset management solutions, this webinar is tailored to provide actionable insights and strategies to drive your business forward.

We will also explore potential tax credit and incentive opportunities associated with:

• Research and development (R&D) activities
• Purchasing or refurbishing commercial real estate
• Investing in alternative energy technologies such as solar, wind, biogas and more
• Refurbishing or building a new industrial manufacturing facility
• Looking for a new site and creating new jobs
• Looking to lower its tax liability by purchasing tax credits

The location of your business plays a pivotal role in its success, influencing everything from operational costs to growth opportunities. Join us for a transformative webinar as we explore the importance of strategic business location and how leveraging state and local financial and tax credits and incentives, and New Markets Tax Credits (NMTC) can unlock unparalleled advantages for your organization. 

In this session, presenters from our SFS and TCIA groups will discuss the significance of business location decisions and how understanding state and local-specific incentives and NMTC can fuel your company's growth. Whether you're considering relocation, expansion, or seeking to optimize your current operations, this session will equip you with the knowledge and tools to make informed decisions that drive success.

Learning Objectives:

• Understand the significance of strategic business location decisions and the impact on operational efficiency, market access, and growth potential. 
• Identify and evaluate state and local-specific credits and incentives available to businesses, enabling participants to leverage these programs to optimize tax savings, reduce costs, and enhance competitiveness. 
• Explore the benefits and mechanics of NMTC as a financing tool for business expansion and development projects in economically distressed communities, empowering participants to harness the potential of NMTC to drive positive social impact and financial returns. 

When your organization is embarking upon internal restructurings, global expansion or acquisitions and dispositions, there are several layers of diligence associated with these activities. We will discuss how to thoughtfully approach identifying opportunities to help you navigate the diligence process for a smooth transition.

Before acquiring a company, the ITAX and SALT exposures must be carefully reviewed, including potential risks such as transfer pricing, sales tax and state income tax. After the acquisition, any identified exposures can be remediated through voluntary disclosure agreements or corrective filings. Finally, tax services can be integrated, legal entities optimized, and SALT compliance ensured, while also identifying potential credits and incentives and complying with all tax and regulatory requirements. Additionally, systems integration is important for efficient and effective tax management.

Learning Objectives:

• Explore the U.S. and foreign compliance drivers
• Understand tax minimization and optimization through transfer pricing, tax planning, debt and interest optimization and asset and purchase price push down
• Discover how to successfully undergo these transitions and compliance throughout the process

The Inflation Reduction Act (IRA) introduced and expanded several clean energy federal tax credits making them more advantageous and accessible for businesses to utilize. These changes focused on providing tax incentives for renewable and sustainable energy technology infrastructure development and can be substantial dollar amounts (30-50% of eligible investments). Within the IRA, Section 6418 was created to allow entities to transfer all or a portion of an eligible credit to an unrelated transferee taxpayer for cash. The ability to transfer tax credits allows entities who do not have sufficient tax liability to utilize the tax credits they generate and thus monetize these credits.

During this session, our team will cover various available clean energy tax credits, IRS guidance on cash payment deferral of the credits, arbitrage opportunities through purchasing credits and more.

Learning Objectives:

• Understand the potential benefits of purchasing tax credits including the benefits of cash payment deferral and arbitrage opportunities
• Gain insight into energy tax credits and incentives available to businesses, empowering participants to navigate the complex landscape of incentives, optimize tax savings and finance sustainable projects effectively
• Develop actionable strategies for leveraging energy tax credits and incentives to drive sustainable growth and innovation