On November 30, HM Revenue & Customs (HMRC) issued new interpretive guidance on the UK’s diverted profits tax (DPT) found in Part Three of the Finance Act 2015, which is intended to apply to large multinational enterprises (MNEs) with business activities in the UK that enter into “contrived arrangements” to… Read more »
Tax Executives Institute is an organization made up of varied in-house tax professionals, and there’s no event like a conference to take stock of how the distribution works out. We examined the attendee data* to give you a look at who makes up the TEI membership. (*Data current based on… Read more »
TEI gratefully acknowledges the support of the following firms that sponsored TEI’s Annual 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… Read more »
Wayne Monfries views himself as a translator, not of foreign languages, but of the sometimes differing vocabularies and nuances spoken or written by those who work in the world of corporate tax and by those who ply their trade in various corporate operations or on the consulting side of business.… Read more »
In 2016, Tax Executives Institute anticipates increased engagement online with established and new members alike. The first step is the new TEI website, which is currently in development. But there are also opportunities for TEI chapters to use their voices in the Twitter-sphere and other social media domains outside of… Read more »
For a large majority of business taxpayers and their in-house tax professionals worldwide, the Large Business & International Division (LB&I) of the Internal Revenue Service (IRS) represents the principal point of regular interface with the U.S. taxing agency. Thus, any changes, whether large or small, in scope, focus, or operation…
On July 27, the Tax Court issued a unanimous opinion1 in Altera Corporation v. Commissioner, 145 T.C. No. 3 (2015), in which the court held that Treas. Reg. § 1.482-7(d)(2) is invalid. It is relatively rare for a court to invalidate Treasury regulations, and, for that reason alone, the decision…
In 1991 the Internal Revenue Service (IRS) established the Advance Pricing Agreement (APA) program, allowing a taxpayer to request that the IRS, and potentially other countries, prospectively approve its transfer pricing facts, transfer pricing methodology, and arm’s-length range of results. The certainty provided by this prospective approach, combined with the…
Tax Executives Institute has implemented several initiatives aimed at increasing participation among emerging tax professionals, including the formation of an Emerging Tax Professionals Subcommittee. Tax Executive convened a roundtable discussion, moderated by Senior Editor Michael Levin-Epstein, to find out what the subcommittee was doing and the ways emerging tax professionals… Read more »
In her first two years at the University of Texas, Katrina Welch was a petroleum engineering major and worked as a roustabout in an oil field during the summer. Perhaps that rugged experience helped pave the way for what Welch is doing today—serving as vice president and head of tax… Read more »
