KPMG IFRS Institute and the Tax Governance Institute Webcast

There are many unanswered questions as to the timing of potential adoption and the various impacts of an IFRS conversion in the United States. It is clear, however, that there can be conversion issues in the tax area, not only for deferred taxes but also for current taxes. On Thursday, June 4, 2009 (2:00 p.m. – 3:00 p.m. EDT), the first of two KPMG LLP webcasts will be held to discuss potential tax impacts. It will focus on various possible US income tax implications from an IFRS conversion. (Register online for the webcast on US Tax Implications of Adopting IFRS.)