Under the final section 987 regulations, companies now face new complex section 987 rules and various election options requiring a comprehensive modeling tool. Many multinational enterprises (MNEs) impacted by the section 987 rules have already started modeling the impact of section 987 to their overall tax profile.
KPMG Section 987 Model
Performing complex calculations and modeling to help identify time-sensitive planning opportunities.
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Dive into our thinking:
Introducing the KPMG Section 987 Model
Download PDFKey Features
- Comprehensive elections and methods functionality: Calculate Section 987 gain/loss using any of the core elections or alternative methods provided by the December 2024 final regulations;
- Scenario capabilities: Prepare up to five alternative scenarios to compare elections/methods, monitor impact of remittances, and plan for QBU terminations;
- Attribute tracking: Calculate annual unrecognized gain/loss, deferred gain/loss, and suspended losses with the ability to roll-over balances each year and calculate recognition or recapture;
- Flexible analysis: View summary reports for primary results or examine calculation reports for detailed analysis by QBU or owner.
Request a demo of the Section 987 Model
The KPMG Section 987 Model performs complex calculations and modeling to help identify time-sensitive planning opportunities.
Benefits
- Save time and resources: Utilize a ready-made solution for your Section 987 calculation needs without the need to expend extra time and effort to build your own model;
- Planning: Forecast key events and diagnose potential areas of exposure;
- Compliance connecter: Efficiently prepare tax returns with connected forms linked directly to your data;
- Audit documentation: Support your results through transparent and standardized calculations and reports;
- Connected modeling: Link to the KPMG Digital Gateway platform for automatic structure set-up and push results to other KPMG models.
Meet our team
Tom Joss
Partner, International Tax, KPMG US
Kevin J. Brogan
Principal, Washington National Tax, KPMG US
Gloria LaBerge
Senior Manager, Washington National Tax, KPMG US
Tom Joss
Partner, International Tax, KPMG US
Kevin J. Brogan
Principal, Washington National Tax, KPMG US
Gloria LaBerge
Senior Manager, Washington National Tax, KPMG US