OB3 Impacts: CFC Income Updates & BEAT Planning
October 29, 2025Join the International Tax team from Forvis Mazars for sessions focused on new legislation from the One Big Beautiful Bill Act (OB3 or OBBBA) impacting multinational enterprises (MNEs). These informative presentations are designed to deepen technical understanding and provide practical planning insights for CFOs, VPs of tax, tax directors, controllers, and those seeking to learn more about OB3. This first session will cover key updates to controlled foreign corporation (CFC) income rules and the Base Erosion and Anti-Abuse Tax (BEAT). In addition, we’ll explore planning strategies for base erosion payments, service cost allocations, and their interaction with domestic tax rules, including bonus depreciation and Sections 174 and 163(j).
Learning Objectives
Upon completion of this program, participants will be able to:
- Explain new CFC income definitions and their impact on the Foreign Tax Credit (FTC).
- Identify BEAT changes and planning strategies to help mitigate the minimum tax.
- Recognize how BEAT and CFC rules interact with domestic tax provisions.