Author: Erik Christenson, Daniel Stern, and Young-Eun Choi

Technical Corrections to the 2021 Final Foreign Tax Credit Regulations
Correcting the uncorrectable?

by Erik Christenson, Daniel Stern, and Young-Eun Choi
November 21, 2022

As readers are well aware, almost a year ago, on December 28, 2021, the Treasury Department issued final foreign tax credit regulations (hereafter the “final regulations”)1 finalizing the proposed regulations that Treasury had issued the prior year.2 On July 26, 2022, Treasury issued two sets of technical corrections to the…

TEI’s State & Local Tax Committee Undertakes Work on Policy Statements

by Tax Executive Staff

TEI’s State and Local Tax Committee has developed an extensive set of policy statements reflecting TEI’s position on important administrative and procedural issues. These statements facilitate advocacy by providing formal position papers TEI’s members can use when communicating with taxing agencies. The State and Local Tax Committee recently revised a… Read more »

Acknowledgments

by Tax Executive Staff

TEI gratefully acknowledges the support of its sponsors. Their financial support enables TEI to maintain a rich program of value-added education, networking, and advocacy activities for the in-house tax community. Exclusive Affinity Partner Thomson Reuters Platinum ADP, Inc. Andersen Avalara Baker McKenzie Bloomberg Tax & Accounting Crowe LLP CSC Corptax… Read more »

2022 State Corporate Rate Reductions

by Tax Executive Staff
September 27, 2022

In 2022, as of mid-July seven states have enacted legislation that reduces their corporate income tax rates, according to the Tax Foundation. Those states, along with their rate decreases and high-level provisions, are highlighted below. For more information on this year’s changes to state tax rates across the United States,… Read more »

Continuing Education Calendar

by Tax Executive Staff

2022 77th Annual Conference October 23–26 Scottsdale, AZ 2023 Mergers & Acquisitions Seminar February 6–7 Nashville, TN 73rd Midyear Conference March 19–22 Washington, DC Tax Technology Seminar April 24–28 TBD Federal Tax Course – Level 1 June 12–15 East Lansing, MI 78th Annual Conference (75th Anniversary Event) October 22–25 New… Read more »

TEI’s New Tax Technology Committee

by Tax Executive Staff

We are pleased to announce that the TEI Board of Directors elevated the Tax Technology Subcommittee to a full standing committee at the 2022 Annual Meeting of Members. This elevation recognizes the increasing importance of technology within the in-house tax profession as well as the contributions this group has made… Read more »

Thanks and Congratulations to TEI’s Committee Chairs

by Tax Executive Staff

TEI could not accomplish the work it does without its technical and advisory committees. These committees develop TEI’s positions on tax matters, plan the Institute’s education programs, and interact with tax officials at every level. We would like to thank our 2021–2022 committee chairs for the work they have done… Read more »

TEI’s 77th Annual Conference to Be Held in Sunny Scottsdale, Arizona

by Tax Executive Staff

Registration is officially open for TEI’s 77th Annual Conference! The Annual Conference will take place October 23–26 at the beautiful Westin Kierland Resort & Spa set among the McDowell Mountains and in the Sonoran Desert in Scottsdale, Arizona. The resort embodies Arizona’s colorful history and culture, and we are excited… Read more »

Managing Corporate Foundation Risk
What role do in-house tax professionals play in advancing charitable objectives?

by Diane L. Kirmaci and Lori A. McLaughlin

Causes worthy of support are plentiful, and new ones seem to appear daily. How a company responds to societal needs is more important than ever. More than 2,800 corporate foundations are estimated to exist in the United States.1 Many companies are moving away from traditional or responsive models of philanthropy…

Agents of Chaos: How Tax Leaders Are Adapting to Global Disruptions
Here are five ways tax groups can help senior leadership respond to uncertain times

by Michael J. Bernard and George L. Salis

This is not your parents’ inflation, but it will have wide-ranging implications for tax departments. Previous corporate playbooks for responding to external disruptions cannot begin to address the unique challenges posed by the current global economic decline following three consecutive shocks, ongoing trade wars, geopolitical unrest, and supply chain snarls.…