In the Vault with KPMG
04.08.2024 | Duration: 14:24
Tax Planning for Regulatory Capital Growth in Banking
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Podcast overview
In the newest episode of our podcast, In the vault with KPMG, Elizabeth L’Hommedieu is joined by colleagues, Mike George, and Stefanie Humphrey from the KPMG Banking & Capital Markets Tax practice. During their conversation, they delve into the critical topic of tax planning for regulatory capital purposes and discuss emerging trends and strategies that can help banks optimize their tax capacity and navigate the complexities of Basel III rules. The podcast discusses the following:
- An overview of how tax impacts a banks regulatory capital calculations and the current state of the rules.
- Strategies banks are using to mitigate adverse impacts Deferred Tax Assets can have on regulatory capital.
- An example of an election under 263(a) and its potential impact on deferred tax assets and regulatory capital.
- The importance of having a "playbook" in place to increase capital when needed.
Meet our podcast team
Elizabeth B. L'Hommedieu
KPMG National Tax Deputy – Banking and Capital Markets, KPMG US
Elizabeth B. L'Hommedieu
KPMG National Tax Deputy – Banking and Capital Markets, KPMG US
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