Institute News
In Memoriam: Tom Maletta
TEI Past International President Tom Maletta passed away in November. He is survived by his wife, Carol. A member of TEI since 1970, Maletta was a charter member of the New Jersey Chapter and its first president. He also was active in the New York, Pittsburgh, Chicago, Westchester-Fairfield, Atlanta, and… Read more »
TEI Members Share Views on AI on Podcast
Two TEI leaders—Kurt Lamp, vice president of global tax at Amazon, and Sandhya Edupuganty, vice president of tax at Sabre Corporation—recently shared their insights and perspectives on a special edition of Bloomberg’s Talking Tax podcast. Bloomberg Tax Insights editor-at-large Rebecca Baker chatted with them about the emergence of AI in… Read more »
TEI Annual Conference Goes Big in the Lone Star State
TEI’s 79th Annual Conference, held at the JW Marriott in San Antonio, Texas, in late October, brought together more than 350 in-house tax professionals, 150 speakers, and thirty-five exhibiting sponsors for an immersive experience designed to address the most pressing issues in today’s rapidly evolving tax landscape. As in previous… Read more »
TEI Submits Supplemental Comments on Notice 2023-63, Section 174, and Software Development
On October 2, TEI submitted supplemental comments on Notice 2023-63 and Section 174, with a particular focus on rules related to software development for future proposed regulations. The comments address timing issues with respect to specified research and development expenditures on wages, the appropriate nexus for indirect costs to be… Read more »
Thank You and Congratulations to TEI’s Committee Chairs
TEI could not accomplish its work without its technical and advisory committees. These committees develop TEI’s positions on tax matters, plan the Institute’s education programs, and interact with tax officials at every level. We would like to thank our 2023–2024 committee chairs for the work they have done for the… Read more »
TEI Submits Comments on GloBE Information Return XML Schema
On August 19, TEI submitted comments regarding the Organisation for Economic Co-operation and Development’s Draft User Guide for the Global Anti-Base Erosion Model Information Return XML Schema. TEI’s comments emphasized the need for information return exchange agreements, a uniform XML schema and filing portal, and a secondary filing mechanism, among… Read more »
Appointment of the 2024–2025 Executive Committee
Each year, the incoming international president selects an Executive Committee from the members of TEI’s board of directors to join the Institute’s four officers in their oversight of the Institute’s business affairs. We are excited to announce the following appointments for the 2024–2025 fiscal year:
TEI Submits Comments on EU Public CbCR Regulation
On August 28, TEI submitted comments regarding the European Commission’s draft implementing regulation for the commission’s public country-by-country (CbC) reporting directive. TEI’s comments focused on the need to clarify the scope and purpose of the information included in the public CbC reports for consistency across European Union member states in… Read more »
TEI Submits Comments on Singapore Pillar Two Implementation
On July 10, TEI submitted comments to the Ministry of Finance of Singapore regarding its bill to implement a multinational enterprise top-up tax and a domestic top-up tax as part of Singapore’s implementation of the Organisation for Economic Co-operation and Development’s Pillar Two project. TEI’s comments primarily focused on the… Read more »
TEI Holds Annual Meeting of Members in Santa Fe
On August 11–13, TEI held its Annual Meeting of Members at the Hilton Buffalo Thunder in Santa Fe, New Mexico. More than forty TEI members came together for three days of governance meetings, a workshop exploring incoming international president Josie Scalia’s presidential goals, roundtables on chapter and committee challenges 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…
TEI Roundtable No. 51: The Future Corporate Tax Department As tax moves into the future, in-house professionals are experiencing…
The Impact of AI in R&D Tax Credits For the last several years we’ve heard that artificial intelligence…
Making Sense of CAMT Complexity The corporate alternative minimum tax (CAMT) under Section 55 of…
Question: What Are the Key Updates in the FASB Income Tax Disclosure Requirements? In 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards…
Breaking Down Real-Time Controls in Global Tax As governments implement digital approaches to tax filing, reporting, operations,…