What Transatlantic Businesses Need to Know About the One Big Beautiful (Tax) Bill

As the dust settles on President Trump’s sweeping One Big Beautiful Bill Act (OBBBA), transatlantic businesses face a transformed U.S. tax landscape. This timely briefing unpacks the bill’s most consequential provisions for global enterprises navigating U.S. tax exposure, innovation investments, and cross-border planning.

Key discussion topics will include:
• R&E Expenses (Section 174): shift to mandatory capitalization of research and experimental costs, potential accelerated deductions or amended returns opportunities
• Credits & Incentives: with several credits set to sunset, learn how to maximize benefits under the new regime
• International Tax Shake-Up: changes to GILTI, FDII, BEAT, and Foreign Tax Credits – plus what the exclusion of the proposed “revenge tax” signals for foreign-owned U.S. operations
• Other OBBA Highlights: bonus depreciation, Section 163(j) interest limitations, qualified small business stock inclusion, meals & entertainment, etc.

Join us to decode the bill, demystify the risks, and discover the planning moves that matter most.

SPEAKERS:
• Michael Resnick, Counsel, EVERSHEDS SUTHERLAND
• Brian Resnikoff, Director – Tax, CLA (CliftonLarsonAllen)
• Thomas Heck, Partner – USA Business Group & China Business Group, PwC [Moderator]

TIME:
8:30 – 9:00 AM Check-in
9:00 – 10:15 AM Discussion
10:15 – 10:30 AM Networking

REGISTRATION FEE:
> EACCNY Members: Free
> EACCNY non-Members: Free

Note: This program is offered as an in-person event and will not be live-streamed or recorded.

Registration is closing at 2pm ET on November 11, 2025.