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Webinar Recording

Corporate Capital Expenditures: Do Tax Incentives Really Matter?

Date: Tuesday, November 4, 2014
Time: 2:00 pm - 3:00 pm EST There are no CPE Credits for this Solution Demonstration.
U.S. firms outside of the finance industry held more than $1.64 trillion in cash reserves at the end of 2013 – a historic high and an increase of 12 percent from 2012. With such large cash piles sitting on corporate balance sheets and an improving economy, analysts deemed 2014 to be the year for a corporate spending spree. However, 2013 also marked the end of bonus depreciation – an important tax incentive intended to spur business investment. How have businesses actually responded to recent tax policy changes and the growing economy, and why?

Dean Sonderegger, Executive Director, Software Segment, Bloomberg BNA, will review the key results of a recent Bloomberg BNA survey of tax and accounting leaders at U.S. businesses designed to examine how corporate capital investments have changed since the 2008 recession, and how tax policy changes have influenced financial decision making at large firms.

Corporate tax expert, Larry Martin, who served as the Chief Tax Officer, AOL will join Dean Sonderegger in discussing:

  • How U.S. firms' investments have changed in the post-recession years
  • The impact of recent tax break expirations, such as bonus depreciation, on corporate capital investment strategy
  • The link or lack thereof between the office of the CFO and a company’s Tax department
  • Current concerns over internal asset depreciation errors and external auditor scrutiny
After attending this event you will be able to:
Understand current trends in U.S. Corporate Capital expenditures
Discover how companies are leveraging technology to create strategic alignment between Finance and Tax, better manage accounting error risk exposures that impact tax liabilities, and mitigate compliance risk
Identify opportunities to improve the level of collaboration between the office of the CFO and tax professionals at your company

Speakers

Larry Martin, Former Chief Tax Officer, AOL
Larry Martin
Former Chief Tax Officer, AOL
With 30 years of tax experience, Larry’s most recent position as AOL's Chief Tax Officer continues a history of senior tax executive consulting and roles at multi-billion dollar, multi-national, privately-held and publicly-traded companies since 1990. Prior to AOL, Mr. Martin served as Vice-president of Tax for NextEra Energy Resources, the leading wind energy developer in the U.S. Mr. Martin’s tax leadership with publicly-traded companies started at Pacificorp, a regulated utility and non-regulated wind energy development group, with operations in six western U.S. states. Mr. Martin’s first senior tax role was with JELD-WEN where he created the tax and expatriate functions for this worldwide privately-held manufacturer, distributor and retailer of doors and windows. Mr. Martin began his career with Ernst & Young after graduating from Brigham Young University with a Masters in Taxation. Mr. Martin is a CPA in the State of Oregon.
Dean Sonderegger, Executive Director, Software Segment, Bloomberg BNA
Dean Sonderegger
Executive Director, Software Segment, Bloomberg BNA
Dean is the senior product management executive for the Software Segment at Bloomberg BNA and is responsible for developing and implementing the product vision for all software products at Bloomberg BNA. Dean has over twenty years of experience in the development and delivery of tax and accounting software solutions, with a specific focus on large enterprise clients. During that time, Dean has helped some of the largest publicly traded corporations in the world select and implement BNA Fixed Assets in order to strengthen accounting controls and gain significant efficiencies.

Prior to working at Bloomberg BNA, Dean has held positions at Manugistics, Best Software, and several startups. Dean is a member of the Association for Computers and Taxation and a frequent speaker at industry events and conferences. Dean has an MBA from the George Washington University and also holds a BS and MS in Electrical Engineering from Columbia University.
Moderated by: John Kogan, CEO, Proformative
Moderated by: John Kogan
CEO, Proformative
John has been CFO at four technology companies, a finance executive at Cardinal Health, and in multiple roles at AlliedSignal and Cisco Systems. John has raised over $100M in equity capital and debt and has played central roles in numerous buy and sell-side transactions for both public and private companies. As COO at two companies, John also ran Engineering, Manufacturing and Customer Service operations. He has also founded, invested in and been a board member or advisor of a number of companies. John has a B.A. in Economics from Connecticut College and an MBA from the Fuqua School of Business at Duke University.

Sponsor

Event Sponsor Bloomberg BNA
Bloomberg BNA - Bloomberg BNA offers expert software products for tax and accounting professionals. With category-leading software and top-rated technical support, we are the solution of choice for professional firms and corporations of every size. More than 70,000 customers, including the IRS, depend upon Bloomberg BNA’s software products for the highest degree of tax, regulatory, and compliance expertise available in the market.
By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

There are no CPE Credits for this Solution Demonstration.