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TEI Roundtable No. 46: My Tax Journey, Part One
Tax professionals share insights into their unique journeys and roles
No two journeys toward a career in tax are the same. Just ask the panelists from TEI’s My Tax Journey session at the Annual Conference last fall. For this issue’s Roundtable, we reconvened the panelists to gather more of their perspectives. They are Josephine Scalia, head of tax at… Read more »
State Tax Policy Takes Center Stage
In a time of burgeoning deficits, what is the status of SALT?
In an informative session on the first day of the 75th Anniversary Celebration and Annual Conference in October, experts addressed the topic “SALT Tax Policy: As Deficits Turn, Will the Tide Change?” The panel included Mo Bell-Jacobs, senior manager in the Washington, D.C., office of RSM, who specializes in state… Read more »
Tax Department of the Future: Reimagining Tax Technology
Experts stress research and evaluation when diving into new solutions
On the first full day of TEI’s 75th Anniversary Celebration, a panel of four professionals got out their crystal balls to predict how tax technology will impact the tax department of the future. The panel included Benjamin Alarie, professor and Osler Chair in Business Law at the University of Toronto… Read more »
The New Era of Transparency: Global Trends and Management Strategies
The times they are a-changin’, panelists say
In a particularly engaging session at TEI’s Annual Conference and 75th Anniversary Celebration, panelists discussed the dynamic developments that have resulted in what corporate tax professionals are calling “a new era in transparency.” The session included expert panelists: Sonal Majmudar, a tax partner at Mayer Brown; James Gordon, national co-lead… Read more »
It’s a Celebration!
TEI takes to the Big Apple for its diamond anniversary milestone
TEI descended on the New York Marriott Marquis in Times Square to celebrate its seventy-fifth anniversary at the Annual Conference in October. More than 500 registrants, including members from around the world, 175 speakers, more than seventy sponsor firms, and TEI’s entire staff joined to participate in this special occasion.… Read more »
Global Tax Policy and Controversy Trends
Only one thing is certain—they’re not boring
In an engaging and educational Annual Conference session moderated by Cliff Mangano, chair of TEI’s IRS Administrative Affairs Committee, a panel of experts discussed recent developments and trends in global tax policy and controversy. The experts included Scott Frewing, tax partner in the Palo Alto office of Baker McKenzie, who… Read more »
Tax Credit Transferability and Direct Pay Proposed Under the IRA
Potential for interactions with Section 174 complicate a seemingly simple program
The new tax credits in the Inflation Reduction Act (IRA) mean that more taxpayers will have access to more tax credits in the near future. But recent guidance highlights some uncertainties that taxpayers should be aware of before jumping in. The Treasury Department and the Internal Revenue Service recently released… Read more »
The Deference Doctrine—Its History and Possible Future
The Chevron doctrine has weathered changes since 1984, but the biggest one of all may be on the horizon
The doctrine of administrative deference, established in the Chevron case in 1984, requires deference to an agency’s reasonable interpretation of an ambiguous statute.1 The two-part test for requiring deference first addresses whether “Congress has directly spoken to the precise question at issue.”2 If so, the court must enforce the “unambiguous… Read more »
TEI Roundtable No. 45: The 2023 Survey of Chief Tax Officers
Does your company have a tax technologist?
Chief tax officers (CTOs) are integral to the fabric of TEI, with their own roundtable discussion group and their participation in all aspects of the organization. Recently, TEI held a CTO discussion group session regarding the role and prevalence of tax technologists and surveyed CTOs on several issues, including whether… Read more »
Transfer Pricing Operations and Compliance for In-House Tax Professionals
Even if you’re a smaller organization, don’t assume you won’t be audited or targeted
Transfer pricing has never been more important for in-house tax professionals to address, from compliance and analysis to overall tax planning. However, transfer pricing rules change rapidly and globally, largely as a result of the work of the Organisation for Economic Co-operation and Development (OECD) on the base erosion and… Read more »
AI in the Tax Department: Getting Tax a Seat at the Table Artificial intelligence (AI) is reshaping business functions rapidly, yet many…
Planning for IRS Audits in an Era of Uncertainty In its ongoing crusade against so-called “basis-shifting” transactions, the Internal…
Transfer Pricing and Valuation in Financial Transactions Business transactions such as mergers, acquisitions, and reorganizations often necessitate…
Andreia Verissimo Andreia Verissimo, the senior manager for US tax policy at…
TEI Roundtable No. 52: FASB Accounting Standards Update 2023-09—Income Taxes (Topic 740) As financial reporting evolves, the Financial Accounting Standards Board (FASB)…
Preparing for Successful SALT Audits Audit preparedness is crucial, since federal and state agencies have…