Renewable Energy Tax Credits After the Inflation Reduction Act
Successes, challenges, and the impact of the 2024 election
Following the the 2024 US general election, with Donald Trump’s victory, the future of the Inflation Reduction Act (IRA) enters a pivotal phase. Enacted in 2022, the IRA has been a cornerstone of the United States’ renewable energy strategy, offering tax incentives to drive investments in technologies like wind, solar,…
TEI Members Share Views on AI on Podcast
Two TEI leaders—Kurt Lamp, vice president of global tax at Amazon, and Sandhya Edupuganty, vice president of tax at Sabre Corporation—recently shared their insights and perspectives on a special edition of Bloomberg’s Talking Tax podcast. Bloomberg Tax Insights editor-at-large Rebecca Baker chatted with them about the emergence of AI in… Read more »
Chris Anderson
Silicon Valley Chapter
Chris Anderson has been involved in TEI for ten years and has, in the last several years, stepped up in leadership. Right now, Anderson is vice president of the Silicon Valley Chapter, and next year he will serve as president. In addition to his local chapter duties, he is also…
TEI Annual Conference Goes Big in the Lone Star State
TEI’s 79th Annual Conference, held at the JW Marriott in San Antonio, Texas, in late October, brought together more than 350 in-house tax professionals, 150 speakers, and thirty-five exhibiting sponsors for an immersive experience designed to address the most pressing issues in today’s rapidly evolving tax landscape. As in previous… Read more »
KPMG on Tax ‘Reimagined’
Disruption has been the name of the corporate tax game of late. The upcoming 2025 tax cliff, ongoing implementation of the Organisation for Economic Co-operation and Development’s global tax plans, and ceaseless regulatory change—the “tax trifecta,” as KMPG calls it in its recent report, Tax Reimagined 2024: Perspective From the… Read more »
Reflecting—and Facing Forward
As we reach the end of the calendar year, I’m filled with gratitude and optimism. We have just wrapped up our incredible 79th Annual Conference in San Antonio, Texas—what an incredible way to celebrate how far we’ve come as a community and how much TEI continues to grow. I know… Read more »
Inequitable Barriers to Equitable Apportionment
When petitioning for equitable apportionment, taxpayers face motley state-imposed obstacles
Every state that imposes a corporate income tax requires multistate businesses to apportion business income. The states’ methods of apportioning income, however, vary considerably and can produce inconsistent results. The United States Supreme Court sanctioned these differences in Moorman Mfg. Co. v. Bair1 when the Court allowed Iowa to deviate…
TEI Submits Supplemental Comments on Notice 2023-63, Section 174, and Software Development
On October 2, TEI submitted supplemental comments on Notice 2023-63 and Section 174, with a particular focus on rules related to software development for future proposed regulations. The comments address timing issues with respect to specified research and development expenditures on wages, the appropriate nexus for indirect costs to be… Read more »
Thank You and Congratulations to TEI’s Committee Chairs
TEI could not accomplish its work 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 2023–2024 committee chairs for the work they have done for the… Read more »
TEI Submits Comments on GloBE Information Return XML Schema
On August 19, TEI submitted comments regarding the Organisation for Economic Co-operation and Development’s Draft User Guide for the Global Anti-Base Erosion Model Information Return XML Schema. TEI’s comments emphasized the need for information return exchange agreements, a uniform XML schema and filing portal, and a secondary filing mechanism, among… Read more »
An Overview of the EU Public Country-by-Country Reporting Rules The European Union (EU) has long been at the forefront…
Optimizing Tax Through Structured Data Storage and Data Pipelines In today’s fast-paced digital business environment, tax departments are under…
Preparing Now for 2025 Tax Legislative Activity Editor's note: This article was finalized prior to President Donald…
TEI Roundtable No. 51: The Future Corporate Tax Department As tax moves into the future, in-house professionals are experiencing…
How Tax Insurance Can Be a Valuable Tool for Managing Transfer Pricing Risk in 2025 and Beyond Heightened regulatory scrutiny around the world has made transfer pricing…
TEI to Comment on New Proposed Section 987 Regulations The US Treasury Department and Internal Revenue Service published new…