Departments and Columns

Five largest corporate and individual tax expenditures (2014–18)

Corporate tax provisions* 5-year amount ($ billions) Deferral of active income of controlled foreign corporations $418 Deferral of gain on like-kind exchanges $68 Deduction for income attributable to domestic production activities $65.1 Exclusion of interest on public-purpose tax-exempt bonds $49.2 Tax credit for low-income housing $38.8 Individual provisions 5-year amount… Read more »

An Opportunity at the Intersection of Transfer Pricing, Customs, and Indirect Tax

Within your global supply chain, transfer pricing, customs, and indirect tax are undeniably connected. Each step in the global supply chain is intertwined—from setting the transfer price and customs import valuation to goods receipt and invoicing. As a result, changes in one link affect the next, which illustrates the value… Read more »

Cooper Monroe

At Duke Energy Corporation, Director of State Tax Cooper Monroe keeps state and local tax (SALT) an essential ingredient in his corporate tax law diet. But instead of causing hypertension and increased use of a sphygmomanometer, commonly known as a blood pressure gauge, Monroe’s SALT experience moves the needle in… Read more »

Supreme Court Rules Maryland Personal Income Tax Unconstitutional in Wynne

On May 18, the U.S. Supreme Court decided Comptroller v. Wynne, holding that Maryland’s personal income tax—which did not offer its residents a full credit for income taxes paid to other states on income they earned in those states—was unconstitutional. The Court’s decision was deeply divided, with a 5-4 majority opinion… Read more »

Emerging Leader: Mark Pollard

Corporate tax attorneys have a variety of interesting experiences before they ultimately see the light, but not too many TEI members possess the backstory of the Emerging Leader profiled in this issue of Tax Executive. Mark Pollard is international tax counsel at Kimberly-Clark and the new chair of the U.S.… Read more »

Acknowledgements
July/August 2015

TEI gratefully acknowledges the support of the following firms that sponsored TEI’s 69th 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 ADP Alvarez & Marsal Taxand LLC Avalara Baker & McKenzie LLP Bloomberg… Read more »

Crossing the Finish Line — But Never Finished

Remember the last time you caught up with an old friend, and the conversation was so easy and comfortable, you totally lost track of time? You became so engrossed that a ten-minute chat turned into an hour. That’s how my TEI presidential term has been: a totally rewarding experience where,… Read more »

Lionel Nobre

Lionel Nobre always likes a good challenge—whether it’s running a marathon, obtaining multiple master’s degrees in law from higher-education institutions in Brazil and the United States, securing certification as a global executive master in business administration, serving as a panelist at an international fiscal association conference in Mumbai, authoring tax-publisher… Read more »

Canadian Tax Collection Provisions
The Expert: Blake Murray

A Canadian income tax assessment or GST/HST assessment triggers an immediate payment obligation and is subject to collection action by the Canada Revenue Agency (CRA), notwithstanding that the taxpayer is formally disputing the assessed amounts. It is important for taxpayers facing large Canadian tax assessments or negotiating indemnification provisions in respect… Read more »

At the Center of the Tax World — TEI’s Midyear Conference

For TEI, Washington, D.C., in the springtime usually means two things: cherry blossoms and our Midyear Conference. Well, this year, Mother Nature’s timing was a bit off, and the blossoms showed up about two weeks later than usual. Regarding the second, however, we were right on time—in virtually every way.… Read more »

« Previous Page Next Page »