GloBE Meets GILTI
What’s the status of implementation?
When the United States adopted the book minimum tax in July 2022 as part of the Inflation Reduction Act, it became clear that the country was not racing to implement Pillar Two issued by the Organisation for Economic Co-operation and Development in March 2022. But the enactment of the minimum…
Scott Tincher
Cleveland Chapter
After Scott Tincher started his tax career in Columbus, Ohio, he returned to his roots in Cleveland in 2005. He knew that he needed to build a new professional network after moving from Columbus. His solution was one you might have thought of yourself at one time or another: joining…
TEI Roundtable No. 41: Tax Insurance: An Agent of Change
It’s on the front burner these days
The tax insurance market is rapidly evolving and its benefits are becoming more widespread, especially in the area of mergers and acquisitions. To find out more about what’s happening in this space, we convened a roundtable comprising four knowledgeable professionals who gave us the real skinny on tax insurance: Jordan…
TEI Submits Comments on the European Commission’s Proposed Directive on Debt-Equity Bias Reduction Allowance
On July 28, TEI submitted comments to the European Commission (EC) regarding the EC’s proposal to set forth rules on a debt-equity bias reduction allowance (DEBRA) and on limiting the deductibility of interest for corporate income tax purposes. The EC proposed to accomplish this objective by providing for “the deductibility… Read more »
TEI Holds First ‘Simulive’ Event
This past August and September, TEI held its first simulive event, the 2022 Tax Technology Simulive Seminar. The in-person Tax Technology Seminar took place in May in San Francisco, and the simulive event enabled more TEI attendees to participate in the event virtually several months later. The simulive format involved… Read more »
Reconnecting at TEI’s Annual Conference
I am very excited about TEI’s 77th Annual Conference, as well as the host of other events we are planning for the year. First, it was so rewarding and energizing to spend time and reconnect with TEI’s members, speakers, and sponsors in Scottsdale, Arizona. The Annual Conference offered more than… Read more »
Continuing Education Calendar
2022 Virtual 77th Annual Conference: Simulive Edition November 29–December 7 Virtual 2023 Federal Tax Course – Level 1: Simulive Edition January 9–February 28 Virtual US International Tax Course: Simulive Edition January 11–March 2 Virtual Mergers & Acquisitions Seminar February 6–7 Nashville, TN 73rd Midyear Conference March 19–22 Washington, DC… Read more »
TEI Comments on European Commission’s Proposal to Implement Uniform EU-Wide Withholding Tax System
TEI commented on the initiative of the European Commission (EC) to introduce a common, European Union-wide system for withholding taxes on dividend and interest payments in June 2022. The initiative is intended to standardize and simplify the varied withholding tax approaches of EU member states. Those approaches vary by country,… Read more »
The Inflation Reduction Act: The Biggest Takeaways for Tax Professionals
On August 16, President Joe Biden signed the Inflation Reduction Act amid a ton of fanfare. A $700 billion, three-pronged bill that addresses health care, climate, and tax policy, the act is poised to shake up the tax landscape for years to come. The law is set to raise $300… Read more »
TEI’s State & Local Tax Committee Monitors Multistate Tax Commission Uniformity Projects
TEI’s State and Local Tax Committee is engaging with Multistate Tax Commission (MTC) staff and state administrators on two substantive uniformity projects the MTC is undertaking. The first project is a white paper on the state taxation of digital products. Committee members and TEI staff have informally discussed the issues… Read more »
The Fringe Benefit Rules Applicable to Protecting Executives Since the 2024 murder of Brian Thompson, the CEO of…
TEI Roundtable No. 53: Using AI for Tax Law Research As artificial intelligence continues its scorching rise, in-house tax professionals…
Zooming In on Tax Provision Software’s Biggest Benefit It’s no secret that the annual income tax provision is…
Opportunity Knocks: Resolving Tax Issues in the Current IRS Environment Decades of underfunding and hiring freezes have thoroughly depleted the…
Nurturing the Future of TEI My presidency came at a pivotal time for TEI and…
The View From Above Authors’ note. This article was prepared on April 22, updated…