Big Four firm KPMG LLP is offering two Webcasts this week, with one on the potential affect of proposed Treasury Department regulations on contract manufacturing arrangements, and another on recent developments for companies doing business in India. "Proposed Regulations May Affect Taxation of Contract Manufacturing Arrangements" will take place on Thurs., March 13, at 2:00 p.m. EST, and will examine the Treasury and Internal Revenue Services' Feb. 27 proposed regulations on the foreign-based company sales income consequences under the Subpart F provisions of U.S. tax law. The proposed regulations are intended to modernize the FBCSI rules to reflect new manufacturing arrangements. Experts from KPMG's national tax, international corporate tax, and global transfer pricing services practices will discuss the proposed regulations and their potential impact on the supply chains of multinational companies. The other Webcast, "2008 India Budget Briefing," will take place on Wed., March 12, at 2:00 p.m. EST, and will discuss the potential implications of the country's recently introduced budget proposal for U.S. multinational companies with investments or operations in India, with a focus on various tax changes, and will include a Q&A session. Continuing professional education credits are available for both Webcasts, for participants who meet the eligibility requirements. To register, go to www.kpmgtaxwatch.com.

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