This session will provide attendees with an overview of tax reform measures impacting the financial services industry and will be presented in terms that the non-tax-professional can understand. Topics to be discussed include an overview of tax law changes of interest to financial institutions, discussion of current tax planning strategies for maximizing the benefit of tax reform measures and assessing the ongoing financial statement and regulatory capital impacts resulting from these changes.
• This session will enable attendees to identify significant tax law changes resulting from federal tax reform enactment that are of interest to financial institutions
• Attendees will be able to identify potential tax planning strategies that can be applied currently to maximize the benefit of the federal income tax rate reduction effective in 2018
• Attendees will be able to understand how tax reform measures will potentially change the determination and reporting of financial statement income tax disclosures and regulatory capital calculations