Virtual event
Tax reform in motion
July 17, 2025
Two essential sessions to make sense of recent tax changes
The One Big Beautiful Bill Act (OBBBA), signed into U.S. law on July Fourth, brings significant tax changes affecting closely held U.S. businesses, individual owners and multinational enterprises, including many Canadian organizations with U.S. operations or cross-border structures.
Join RSM tax professionals for two focused webinars breaking down what this sweeping U.S. legislation means for your tax planning and compliance strategy now and in the years to come, especially if you manage cross-border interests.
Session 1
OBBBA tax updates for closely held businesses and their owners
Watch this timely and practical overview of the OBBBA, focused on helping high net worth individuals and private company owners make informed tax decisions for Q3 estimated payments and beyond. Attendees will gain a clear understanding of what has changed, what’s urgent, and what’s on the horizon as it relates to how their tax profile aligns with their business and personal goals.
The session will break down:
- Key provisions that require no immediate action but are important to understand
- Individual-related provisions that may warrant proactive planning
- Business-related provisions that could impact entity-level decisions
- Estate planning update
Who should attend: Canadian business owners with U.S. interests, cross-border advisors, and family offices with complex structures
Learning objectives:
By the end of this session, participants will be able to:
- Identify key OBBBA provisions that impact individual and business tax planning
- Evaluate which changes require immediate action versus long-term consideration
- Assess how new rules affect entity-level decisions and individual tax profiles
RSM presenters:
- Andy Swanson, Partner
- Jamie Sanders, Partner
- Amber Waldman, Senior Director
Session 2
International tax changes for multinational companies under OBBBA
The OBBBA ushers in the most sweeping overhaul of U.S. international tax rules since the Tax Cuts and Jobs Act of 2017. This recorded session will give viewers an understanding of the OBBBA’s immediate and far-reaching implications for multinational enterprises, including global tax planning, compliance and reporting.
Key topics:
- Transition from GILTI to net CFC tested income (NCTI)
- FDII reimagined as foreign-derived deductible eligible income (FDDEI)
- Expanded foreign tax credit and deemed paid credit rules
- Changes to BEAT and new compliance expectations
- Key planning tips and what to do next
Who should attend: Tax leaders and professionals at multinational companies
Learning objectives:
By the end of this session, participants will be able to:
- Describe how GILTI, FDII, and foreign tax credit rules are changing under OBBBA
- Understand new compliance requirements related to BEAT and CFC attribution
- Apply planning considerations to global tax strategy in light of 2026 changes
RSM presenters:
- Amy Valentine, Partner
- Greg Pudenz, Partner
- Adam Chesman, Senior Director
- Lynn Dayan, Manager