Media Tax Summit

When: December 12
Where: Jones Walker, LLP, 201 St. Charles Ave., New Orleans, LA, 70170

Hotel:
Renaissance New Orleans Pere Marquette (French Quarter Area Hotel)
817 Common Street
New Orleans, LA 70112

On-Line Reservations Link: https://book.passkey.com/go/MEDIATAXSUMMIT

Call-In: (Ask for Media Tax Summit)
Reservations Toll Free: 877-622-3056
Reservations Local Phone: 504-525-1111

Rate: $119+tax (Guestroom Wi-Fi Included)

Book By: November 18, 2019

** .1 Mile or 2 minutes walking distance from The Law offices of Jones Walker.

Registration Rates:

  • Members - $495 through November 26
  • Non-members - $745 through November 26 (includes one-year trial membership)

NOTE: On November 27th rate increases by $100 ($595 members; and $845 non-members)

Registration
Registration limited to senior tax/financial executives in media companies only.  MFM reserves the right to refuse registration requests that do not meet registration criteria. 

 
[printable registration form]

Agenda (Tentative and subject to change)

Overview:
• EY – Revenue Recognition and Content Cost Recovery
• Reed Smith – State Conformity to Federal Tax Reform
• KPMG – Media Specific Look at M&A and Transaction Costs
• Deloitte – State Income Tax Apportionment and Sales Sourcing
• PwC – Accounting Methods
• Roundtable Discussion – Federal and State Issues and Audits
• KPMG – International Tax Considerations

MFM Tax Summit’s co-chairs include Paul Nesterovsky, vice president, tax at Sinclair Broadcast Group and Sean Hetzler, senior director, tax at TEGNA.

8:15-9:00 AM
Continental Breakfast & Registration

8:55AM
Welcome and Introductions

9:00-10:00 AM
Domestic Tax Reform

10:00-10:50 AM
State Conformity to Federal Tax Reform
Overview: Reed Smith's Kenneth R. Levine and Sebastian C. Watt discuss everything you need to know about state conformity to federal tax reform. During their session you'll hear about:

  • How federal tax reform impacts state income taxes—and why you should care
  • What are the top changes impacting media companies
  • Laws, guidance, and positions you shouldn’t miss—e.g., testing the interest expense limitation on a separate company/combined group basis, excluding foreign income, preserving tax attributes
  • Considerations to weigh in taking return positions, filing refund claims, and appealing to court

10:50-11:10: AM
Refreshment Break

11:10-12:00 PM
Media-specific Look at M&A and Transaction Costs

12:00-1:00 PM
Lunch

1:00-1: 50 PM
State Income Tax Apportionment and Sales Sourcing

1:50-2:40 PM
Accounting Methods
Speaker: Louis Lazar, Partner, PwC
Overview: Today, tax accounting methods have never been more relevant. The tax environment is quickly evolving, with new regulations, court interpretations and legislation.  The pace of release of detailed and complex regulations under tax reform adds to the potential pitfalls.  In addition, tax accounting methods must now be coordinated with new areas, such as BEAT and GILTI.  This session will focus on accounting methods planning, the recent bonus depreciation regulations, section 163(j), E&P/GILTI planning, and BEAT hot topics, with a focus on media companies.  

2:40-3:00 PM
Refreshment Break

3:00-3:50 PM
Roundtable Discussion – Federal, and State Issues and Audits

3:50-4:40 PM
Ethics

5:00-6:00 PM
Reception

7:00 PM
Dinner on own

Note: this is a working agenda and may change prior to the summit