Jon Silverman, Principal of KPMG to Speak at KCs Event on Understanding New IRS Rules That Restrict Profits Sent Overseas on 06/18/2009
Summary
The IRS issued new rules for cost sharing arrangements in December 2008, and companies now are faced with interpreting the new requirements to make sure they are reporting the correct proportion of their profits on their U.S. tax returns.Dr. Silverman also spent five years at the Bureau of Economic Analysis where he was responsible for preparing forecasts of the U.S. economy and using the BEA macro model to analyze topical policy issues.KPMGs member firms aim to provide clients with a globally consistent set of multidisciplinary financial and accounting services, based on deep industry knowledge.The IRS issued new rules for cost sharing arrangements in December 2008, and companies now are faced with interpreting the new requirements to make sure they are reporting the correct proportion of their profits on their U.S. tax returns.Jon also plays a national role as lead principal for the EVS Economic services line of business.Prior to joining KPMG, Dr. Silverman was a senior associate at DRI/McGraw Hill, where he provided consulting support to users of DRI’s macroeconomic, regional, industry, and energy models.