Institute News
TEI Comments on Australian Intangible Payment Deduction Denial Proposal
On April 28, TEI submitted comments to the Australian Treasury regarding the Treasury’s proposal to deny deductions for certain intangible payments to related entities. The Institute primarily focused on the inconsistency and prematurity of the proposal given the ongoing Organisation for Economic Co-operation and Development negotiations regarding the global anti-base… Read more »
TEI Comments on Australian Public CbC Reporting Proposal
On April 28, TEI submitted comments to the Australian Treasury regarding the Treasury’s proposal to require certain companies to publicly disclose tax information on a country-by-country (CbC) basis. TEI’s comments focused on the differences between the Australian proposal and other initiatives to publicly report CbC data around the world, which… Read more »
TEI’s Staff Hits the Road
43rd Annual Region 10 Conference On April 26–28, TEI Region 10 hosted its forty-third annual conference in Huntington Beach, California. TEI Tax Counsel Kelly Madigan attended the conference and moderated a fireside chat with Jonathan Traub and Todd Metcalfe, during which they discussed the latest developments on the Hill, including… Read more »
TEI Comments on Proposed Penalty for Canadian GAAR Violations
On May 31, TEI filed comments with the Department of Finance Canada regarding a proposal to impose a penalty on taxpayers who violate Canada’s general anti-avoidance rule (GAAR). TEI commented that a distinct penalty for violations of the GAAR was not necessary given the current structure of the Canadian income… Read more »
TEI Comments on IRS Notice 2023-7 Regarding the New Corporate AMT
On March 20, TEI submitted a letter to the Internal Revenue Service commenting on Notice 2023-7, which provides initial guidance on the new corporate alternative minimum tax (CAMT) imposed by the Inflation Reduction Act of 2022. TEI’s recommendations included the need for transition rules and penalty relief and adjustments to… Read more »
TEI Presents President’s Award to Michael Bernard
TEI also presented the President’s Award to Michael Bernard at TEI’s 73rd Midyear Conference. In his nomination of Bernard for the award, TEI’s international president, Wayne Monfries, detailed Bernard’s accomplishments as follows: In accordance with Tax Executives Institute’s award guidelines, I am pleased to nominate Michael (Mike) J. Bernard for… Read more »
TEI Files Amicus Brief in Maryland Digital Advertising Tax Litigation
On March 30, TEI filed an amicus brief in Comcast v. Maryland, which is pending before the Maryland Supreme Court. The fundamental substantive issue in this case is whether the Maryland Digital Advertising Tax (DAT)—which was enacted in 2019—is constitutional. Rather than focus on the substantive issue, the TEI brief focused… Read more »
TEI Presents President’s Award to David Stevens
TEI also presented the President’s Award to David Stevens at TEI’s 73rd Midyear Conference. In his nomination letter, TEI’s international president, Wayne Monfries, detailed Stevens’ accomplishments as follows: In accordance with Tax Executives Institute’s award guidelines, I am pleased to nominate David (Dave) Stevens to receive TEI’s President’s Award. Dave… Read more »
TEI Submits Comments Regarding Proposed Canadian 2% Buyback Tax
On February 23, TEI submitted comments to the Canadian finance minister, Chrystia Freeland, regarding the proposed Canadian 2% tax on share buybacks. TEI took the view that Canada should not implement a share buyback tax. Should Canada implement such a tax, however, the Institute’s recommendations included that the tax be… Read more »
TEI Posthumously Honors Eric Lee Johnson With the President’s Award
TEI posthumously honored Eric Lee Johnson with the President’s Award at TEI’s 73rd Midyear Conference. Kris Rogers, Johnson’s partner, accepted the award, which recognizes and expresses the Institute’s appreciation for long-term meritorious service. Johnson’s parents, Johnny and Sally, his sister, Monica, and nephew, Jonah, joined us in Washington, D.C., for… Read more »
New Group Pricing Structure One of my key goals for the 2025–2026 fiscal year…
Corporate Apportionment of Partnership Income A decision issued by the Virginia Court of Appeals, FJ…
2026 State Tax Changes According to the Tax Foundation, forty-three states made significant changes…
The Supreme Court Ruling and the Potential for Tariff Refunds: Their Impact on Transfer Pricing When the United States introduced reciprocal tariffs in April 2025,…
The Price of Regulatory Certainty Prior to the Inflation Reduction Act (IRA) of 2022, transferability…
Masha Freyvert When Masha Freyvert was an undergraduate at Boston University, she…