Insights from KPMG professionals on what's happening in Washington that affects business taxation.
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Your asset management source for ESG and sustainable investing, regulatory, operational, and valuation news and trends.
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Deloitte global podcast feed
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The Essentials on State Business Taxation. A podcast series providing what you need to know to operate effectively in a particular state.
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Tax Cliff 2025: Accounting the Cliff Away
17:44
17:44
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17:44The budgetary math for a 4 trillion dollar tax cliff is daunting. But what if the accounting is wrong and the cliff isn't really a cliff at all? It may sound too good to be true, but this is a point many lawmakers on Capitol Hill are making. Listen as Jennifer Gray and Tom Stout join John Gimigliano to discuss the concept of current policy baseline…
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Discussing the current state of the private credit landscape in Ireland.
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Discussing the current state of the private credit landscape in Luxembourg.
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As we near the tax cliff of 2025, Republicans have said they intend to use the process of budget reconciliation to prevent expiration of many of 2017's tax cuts. The rules governing reconciliation are infamously Byzantine, even by Washington standards. So how does this process affect the final product? Listen as John Gimigliano, Jennifer Acuna, and…
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It seems all of Washington is asking the question - will Republicans push their agenda with one large bill in 2025 or two smaller ones? Listen as John Gimigliano, Jennifer Gray, and Tom Stout kick off 2025 by discussing this question including why it matters for timing, content, and probability of a tax bill.…
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Listen as protagonists of the TCJA and BBBA, Jen Acuna and Dan Winnick join John Gimigliano to reflect on what is reform and whether it's really just a state of mind.
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Something Old, Something New: The Harris Tax Plan
42:54
42:54
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42:54Kamala Harris' tax plan covers familiar territory, weaving in many Biden-era proposals. But it also seeks new ground, with tax cuts for families and businesses. Listen as John Gimigliano and Dan Winnick revisit Biden Administration Green Book revenue raising proposals and then discuss Harris' proposals for new tax cuts.…
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Republican nominee Donald Trump has not released a formal tax plan. Still, he has frequently spoken about several tax ideas, some novel. So then, what exactly is the Trump tax plan? Listen as John Gimigliano, Jennifer Gray, and Tom Stout dig into former President Trump's stated tax ideas to understand better what the Trump campaign is proposing and…
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John Gimigliano and Jen Acuna kick off Season 4 and introduce the theme for the year, the Tax Cliff. Listen as Jen takes a stroll down memory lane and explains how, and why, Congress set up a looming 4 trillion dollar tax increase.
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Checking in with KPMG Americas Asset Management leads
43:29
43:29
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43:29KPMG Asset Management leads from the Americas discuss macro trends in the global economy and the impact to the asset management industry for investors and others to consider.
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Tax Extenders: Glass Half Full or Half Empty
20:12
20:12
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20:12How seriously should we take this latest effort to restore the deductibility of R and E costs, interest, and capital expenditures?
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Congress has gone for the year and so has hope for any tax legislation in 2023. How did we get to this point and is there any hope for 2024? Listen as John Gimigliano, Jennifer Acuna, and Tom Stout perform a post-mortem on the year that was and look forward to the year that will soon be.
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Listen to Patrick Brooks and Sam Riesenberg, Credit Tax practice leaders, discuss the YA Global Case Decision
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Listen to our latest episode, which features Scott Woods and Sam Riesenberg, Credit Tax practice leaders, and Kyle Phillips, managing director in the international tax group, to learn more about treaties, independent agents, and the economic consequences for credit funds.
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Back at It: Congress Returns to Washington
22:22
22:22
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22:22What's on the fall agenda for Congress after the August recess? Do taxes fit in?
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Listen to Datus Tomasovich and Dilyana Antevil, managing directors in the State and Local Tax (SALT) practice, along with Scott Salmon, partner in the Washington National Tax practice discuss state unitary issues and credit.
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Patrick Brooks, Credit Tax practice leader, Crystal Casillas, lead Tax partner for numerous private equity and credit funds, and Vinay Kapoor, principal in our Transfer Pricing practice, discuss the importance of transfer pricing for credit funds and lenders.
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Discussing legislative negotiations in Washington and how the divided Congress could come to terms with Pillar Two
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Is It Happening?: House Action on Extenders
21:39
21:39
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21:39Discussing the House Ways and Means extenders bill-will expired business items, including R and E expensing, interest deductibility, and bonus depreciation, be extended?
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Green Book '24: Tax Policy in a Divided Washington
22:13
22:13
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22:13Discussing the Biden Administration tax policy priorities in its FY24 Green Book and why these tax proposals warrant review
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Farewell Carol: Reflections on Tax Legislation
26:11
26:11
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26:11Taking a career-span look at how the tax legislative process has changed
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Discussing staking, from general tax considerations to potential implications for various classes of investors, such as foreign and tax-exempt investors
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No Joy in Extendersville: Taxes Strike Out
26:19
26:19
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26:19Debating possible reasons Congress could not make a year-end deal on tax extenders
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The Thanksgiving Edition: Post-Election Outlook
23:01
23:01
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23:01Exploring the outlook for a December deal on tax extenders
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Discussing whether the lame-duck session will include a tax extenders bill and how party priorities may affect what's in the bill
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Discussing the lifecycle of distressed debt from the perspective of a credit fund
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Greg Williams, National Sector Leader for Asset Management at KPMG U.S., hosts a conversation with KPMG Asset Management leaders and the KPMG U.S. Office of the Chief Economist, exploring macro trends in the global economy and the impact on the asset management industry in the Americas.
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Focusing on sovereign wealth funds in credit
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The Biden Tax Plan in a Post IRA World: What Now?
18:16
18:16
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18:16Breaking down what components of the Biden tax plan were included in the Inflation Reduction Act and considers possible future legislation
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IRS and State Audit Activity in Credit Funds
17:15
17:15
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17:15Focusing on IRS and state audit activities with regard to credit funds
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Breakthrough: The Senate Makes a Deal on Taxes
25:16
25:16
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25:16With Senate agreement on a reconciliation bill reached, podcast explores process and prospects for the Inflation Reduction Act
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End Game: Congress Lurches Toward the Finish Line
25:32
25:32
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25:32Podcast explores whether a tax bill in 2022 remains possible and what it might encompass
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Focusing on treaty structures and credit funds.
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Spend Money to Make Money: IRS Funding Proposals
26:36
26:36
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26:36Exploring increased funding for the IRS and potential implications for a tax reconciliation bill
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Capital raising environment for hedge funds
15:19
15:19
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15:19Steven Menna, John Budzyna and Peter Tarrant discuss the capital raising environment for hedge funds.
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Considering the Congressional agenda and the possibilities for a tax reconciliation bill
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John Budzyna and Michael Mavrides discuss regulatory headwinds that are confronting alternative investments firms.
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John Budzyna, Paul Pisani and Bikram Singh discuss the influence of technology across the operating model of hedge funds.
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Sam Riesenberg and Brett Fieldston discuss royalty financing structures for credit funds.
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Patrick Brooks, Deirdre Fortune and Raj Patel discuss business development companies or BDCs
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Actionable or Aspirational?: What to Make of the New Green Book
21:25
21:25
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21:25Treasury's FY2023 Green Book tax proposals examined
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The new UK Qualifying Asset Holding Company regime and implications for credit funds
13:27
13:27
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13:27Patrick Brooks, Sam Riesenberg and Michael Bolan discuss the UK Qualifying Asset Holding Company regime.
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Joe Fisher, John Budzyna and Jay Peller discuss key considerations for hedge fund business operating models.
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Did you watch the president's state of the union address? Tax remains on the agenda.
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Discussing SALT considerations for credit funds
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Listen to Sean McKee and Matt Giordano discuss the new SEC rule proposal for private fund advisers.
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The Extenders Game: Dealing with Temporary Tax Policy
21:26
21:26
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21:26What may happen with tax extenders this year and when?
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Congress Considers Competition Legislation: An Opening for Tax?
20:46
20:46
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20:46Tax implications of the growing momentum for legislation to deal with supply chain and U.S. competition issues
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Credit funds: Trends in structuring and audit activity
14:21
14:21
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14:21Listen to Patrick Brooks and Sam Riesenberg discuss credit fund trends, structuring, and audit activity.
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How will the YA global case impact credit funds?
11:48
11:48
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11:48Listen to Scott Woods and Sam Riesenberg talk about the potential impacts to credit funds due to the YA Global case.
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