Detroit Chapter
Celebrates Four Years of Scholarships
In 2012, the TEI Detroit Chapter established a college scholarship program and is grateful to have had the opportunity to fund several scholarships each year since. The most recent scholarship was awarded to Jennifer Fowler, a senior majoring in accounting at the University of Michigan–Dearborn. Jennifer plans to sit for…
Portland Chapter
Hosts Annual Tax Conference
In late April, more than 100 participants gathered at the Multnomah Athletic Club in Portland, Oregon, for the TEI Portland Chapter’s Annual Tax Conference. The keynote speaker at the conference was Jon Traub, managing principal of Deloitte’s tax policy group, who provided attendees with insights into tax policy and politics…
New England Chapter
Presents Scholarships at All-Day Meeting
The New England Chapter’s annual All-Day Meeting on May 13 included the presentation of two Chapter scholarship awards. TEI New England has established scholarships with two regional universities and awards the scholarships annually to exceptional students who have committed to further education in tax.
‘Economic Presence’ Enough for Sales Tax? Relying on Quill May Be Hazardous
An out-of-state company can’t be required to collect sales tax in a state unless the state has a strong enough connection to it. Determining whether this connection, or nexus, exists is increasingly complicated. More than twenty years ago, though, the U.S. Supreme Court provided some certainty for companies. The Court… Read more »
Introducing the New TEI Chapter Leaders, 2016–17
New TEI chapter leadership for the 2016–17 term took the helm on July 1. Here we present the presidents of each TEI chapter, along with their affiliated organizations.* Consult the TEI Membership Directory for contact information of these new leaders, and find out how to become involved in your local… Read more »
Sauce for the Goose: Standards Applicable to Taxpayers, Practitioners — and the IRS
The contention among the parties results not from a lack of reasonable standards, but rather from an apparent failure by some IRS personnel to follow those standards in practice and the relative lack of accountability.
The relationship between the Internal Revenue Service’s Large Business & International (LB&I) Division and its constituent taxpayers is complex, marked by alternating episodes of cooperation and contention. LB&I often invites taxpayers and their representative groups to participate in the agency’s critical self-evaluation and listens closely to suggestions and complaints. At…
Canadian Sales Tax Reform
How the U.S. Neighbor to the North Transitioned From a Multistage Sales Tax to an Almost Fully Harmonized Single VAT — in Just One Century
The problem with good tax policy is that politics always gets in the way. And for the United States—a country whose sales tax system (at least from a nonresident’s perspective) cries out for reform—your neighbor to the north and our experience may offer a cautionary tale of inspiration. After all,…
Trends and Developments in Canadian Tax Controversy and Jurisprudence
Transfer pricing issues, increases in voluntary disclosures, and procedural disputes are among major developments, but what will happen in 2016 — and beyond?
The Canada Revenue Agency (CRA) continues to employ a risk-based approach when auditing large corporate taxpayers, focusing on high-risk areas such as aggressive tax avoidance and international tax planning. Information-gathering involves the use of written requests and requirement letters to routinely attempt to compel delivery of taxpayer information. However, the…
In the Home Stretch
To borrow a racing expression, we are in the home stretch of the 2015–16 TEI year with the finish line clearly in sight. And, putting aside for a moment how quickly time has passed, it would seem logical to take some stock of where we are in our Building for… Read more »
Acknowledgements
May/June 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…
Sales Tax Traps for Disregarded Entities Sales tax rules can be confusing, because states often take…
Overreliance on AI for Tax Advice: A Cautionary Perspective With the increasing popularity of artificial intelligence (AI), many people…
TEI Tax Technology Seminar Set to Deliver Once Again Each year, TEI’s Tax Technology Seminar brings together in-house tax…
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…