Tax Developments in 2016
Part 2: International Tax. A Whole New World for Intangibles
As the year comes to a close, we have a natural tendency to reflect on the past twelve months. This year has been exciting and challenging. Brexit. Summer Olympics. The U.S. presidential elections. This also has been an exciting and challenging year for international tax professionals deciphering recent guidance.…
Tax Developments in 2016
Part 1: Federal Tax Developments Under Sections 385, 355, and 382; and new rules on partnership audits dominate landscape
This article reviews and analyzes recent law changes and IRS guidance for federal income tax issues this past year. Section 385 Proposed Regulations — Impact on Related-Party Financing Section 385 has been in the Internal Revenue Code since 1969. It was enacted to provide guidance for whether to classify…
Emerging Leader: Wayne Hamilton
When Wayne Hamilton was in his second year of law school at North Carolina Central University Law School in Durham, North Carolina, he took two business tax classes. “I instantly knew I had found my niche as I realized that tax impacted every aspect of life—business or personal—in some respect,”… Read more »
Reporting for Duty and Honored to Serve
Leading the preeminent association of in-house tax professionals represents the ultimate combination of service and duty to our peers and profession and, for me, is a capstone to my thirty-plus-year career as a tax professional. As I rose through the Institute’s leadership queue, I regularly thought about how, when my… Read more »
Acknowledgements
September/October 2016
TEI gratefully acknowledges the support of the following firms that sponsored TEI’s Midyear Conference. Their financial support enables TEI to maintain a rich program of value-added education, networking, and advocacy activities for the in-house tax community. Platinum Thomson Reuters (TEI’s Exclusive Affinity Partner) ADP Alvarez & Marsal Taxand LLC Andersen…
Atlanta Chapter
Hosts SALT CPE Event
The TEI Atlanta Chapter hosted a half-day SALT CPE event early this summer. The event, presented by PricewaterhouseCoopers, covered state tax policy trends and featured keynote speaker Lynne Riley, commissioner of the Georgia Department of Revenue. Joe Garrett, deputy commissioner of the Alabama Department of Revenue, and Frank O’Connell, general…
Los Angeles Chapter
Celebrates 70 Years
In late February, TEI Los Angeles Chapter members celebrated the chapter’s seventieth anniversary in style at the Los Angeles County Museum of Art. Grant Thornton sponsored the event for members and guests, who enjoyed private tours of the museum. “Grant Thornton is honored to sponsor TEI Los Angeles’ seventieth…
Los Angeles Chapter
Holds Annual Meeting and Tax Administrator Night
On June 1, the TEI Los Angeles Chapter held its annual meeting and tax administrator night. The chapter hosted senior officials from the Internal Revenue Service, the Franchise Tax Board, the State Board of Equalization, and the County Office of the Assessor, as well as TEI Executive Director Eli…
Philadelphia and Harrisburg Chapters
Present Scholarships
A highlight of the Philadelphia and Harrisburg Chapters’ year is awarding scholarships to outstanding students from local universities. The two chapters pool their resources to maximize scholarship awards. For the 2015–16 academic year, the chapters awarded seven $2,000 scholarships. A scholarship candidate must be a junior or senior accounting or…
San Francisco Chapter
Holds Annual Meeting
The TEI San Francisco Chapter hosted its annual meeting at the San Francisco Marriott Union Square in early June. At the meeting, there were two guest speakers, presentation of the Chapter’s Meritorious Service Award to past Chapter President Karen Bowen, and speeches by the outgoing and incoming Chapter presidents.

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