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OB3 Impacts: Foreign Tax Credit Changes

November 19, 2025 Register Today

Join 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.

Our third session will cover the new Foreign Tax Credit (FTC) basket rules, standards of what is creditable, and the impact of treaty-based sourcing and hybrid arrangements. We’ll also explore planning considerations for carryforwards and disallowed credits, along with the interplay between these rules and domestic provisions, such as bonus depreciation and Sections 174 and 163(j), foreign branch rules, check-the-box (CTB) elections, Base Erosion and Anti-Abuse Tax (BEAT), and the branch FTC. An in-depth case study will tie these elements together to illustrate their real-world applications.

Learning Objectives

Upon completion of this program, participants will be able to:

  • Discuss the new FTC basket rules and the standards of what is now considered creditable.
  • Identify planning opportunities for managing carryforwards and disallowed credits.
  • Analyze the interaction between FTC rules and key domestic provisions.

CPE Information

1.00 CPE Credit(s) (pending approval)

1 CPE credit (pending approval) in the Taxes field of study may be awarded upon verification of participant attendance, during live broadcast.


Who’s This For

CFOs, VPs of tax, tax directors, and controllers.


Prerequisites

None


Delivery Method

Group internet-based. Each attendee must be logged in and answer the poll questions to receive CPE credit.


Refund Policy

There is no fee associated with this event.


Program Level

Basic


Recommended Field of Study

Taxes


Advanced Preparation

None

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If you have concerns or would like information regarding program cancellation policies or CPE credit, contact us at [email protected].

Forvis Mazars, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Presenter(s)

Justin Metcalfe, Jason Sullivan