Obtaining IRS Refunds: Procedures and Strategies
It’s rarely as simple as you think
Uncertainty in tax law is reaching unprecedented levels. In the past four years, taxpayers have managed dramatic tax reform, pandemic-fueled emergency tax legislation, rafts of new Treasury Regulations (and accompanying challenges to some regulations), and increased aggressiveness by certain tax authorities. Tax departments now must be nimbler than ever as…
Lorry Limbourg
EMEA Chapter
Some TEI chapters cover relatively small geographical areas, but others, such as the EMEA Chapter, headed by Lorry Limbourg since July 2021, are vast—spread out over many countries large and small. Limbourg is also the indirect tax director, Europe, for Coca-Cola Services Brussels. Dealing with such a large chapter poses…
Transactional Tax Issues Take Center Stage
Let’s face it. Transaction taxes are more important than ever before. In this column, we explore this issue and its impact on technology with Michael Bernard, vice president of tax content strategy and operations and chief tax officer at Vertex, and Sal Visca, chief technology officer at Vertex. Michael Levin-Epstein,… Read more »
New Frontiers of Dispute Settlement in a Pillar One World—Part One
We’re witnessing an increased convergence of tax and trade in corporate risk management
Over the past several decades, the seemingly discrete disciplines of international tax and trade have become increasingly aligned as the globalization of corporate supply chains and the proliferation of online sales have accelerated. With this development, relations between the general counsel’s office and corporate tax departments have expanded. Corporate counsel…
TEI Comments on Proposed Interest Deductibility Limits in Canadian Budget 2021
On December 29, 2021, TEI submitted comments to the Department of Finance Canada concerning the government’s proposal to introduce a new limitation on the deduction of business interest expense, as described in Budget 2021. In general, the proposal would limit the amount of net interest expense that a corporation could deduct… Read more »
Calling all Partnership, Pass-Through, and Other Special Entity Members
TEI has launched a new discussion group in TEI Connect for members specializing in partnership, pass-through, and special entity taxation issues. Once established, the group will set calls to gauge interest in seminars, training, and other member needs. The discussion group will also be a resource to connect members seeking… Read more »
TEI Roundtable No. 37: Lessons Learned From TCJA Implementation
What are the implications for Biden’s proposals?
This roundtable was conducted on October 27 as the closing plenary session of TEI’s 76th Annual Conference in Florida. The session, Lessons Learned From TCJA Implementation and Implications for Biden’s Proposals, featured four distinguished panelists who shared their perspectives on the practical implementation and administration of business tax reform legislation:…
Government Aid Disclosure—Spotlight on the CARES Act
What accounting rules and guidance did companies follow to report receipt of government aid?
The United States has spent more government aid to combat the COVID-19 pandemic than at any other time in the country’s history. Due largely to pandemic spending, the United States federal government debt increased from $22.7 trillion to $28.5 trillion in the past two years, with much of the increased…
TEI Comments on Proposed Changes to Canada’s Income Tax Mandatory Disclosure Rules
On December 10, TEI submitted comments to the Department of Finance concerning the proposed changes to Canada’s income tax mandatory disclosure rules described in Budget 2021. TEI’s comments focus primarily on the government’s proposals to amend the Income Tax Act’s reportable transaction rules and introduce a new requirement for specified… Read more »
Sales Tax Traps for Disregarded Entities Sales tax rules can be confusing, because states often take…
TEI Tax Technology Seminar Set to Deliver Once Again Each year, TEI’s Tax Technology Seminar brings together in-house tax…
Overreliance on AI for Tax Advice: A Cautionary Perspective With the increasing popularity of artificial intelligence (AI), many people…
How Is Tax Policy Shaping the Future of Clean Energy Investment? US electricity demand is accelerating at a pace few anticipated.…
Considerations in Tax Refund Litigation The Internal Revenue Service has seen unprecedented changes this year.…
The Unconstitutionality of the Brazilian QDMTT On December 30, 2024, the government of Brazil published Law…