Eye On Industry – Episode 6: Navigating International & Domestic Tax Issues

Today, we’re going to take a look at the potential impact of tax regime changes for Private Equity investors and Manufacturers.

In the first quarter alone, U.S. companies brought home 124 billion dollars in foreign profits, the highest level since an immediate rush after the 2017 tax law, according to data released by the Commerce Department.

To some – The repatriations, made just as the coronavirus-related recession was starting, are a sign of how many companies may have needed cash in their U.S. operations. Or is this just prudent risk management during an election year when policy changes can be quickly reversed if Democratic presidential candidate Joe Biden is elected?

With the election less than 60 days away, now is an ideal time for investors and operators alike to assess the potential impact of policy changes on their current portfolio and M&A pipeline.

Today we’ve invited Sean King, who leads the international tax practice at McGuire Sponsel. Sean is a renowned legal, tax and business advisor who brings his clients not only technical expertise, but also a cultural and commercial awareness that can only be gained by living and working in numerous countries and on multiple continents.

Sean has completed transactions in more than 75 countries and has been included in The International Who’s Who of Corporate Tax Lawyers.

We’re excited to have Sean join us today.