Author: Tax Executive Staff

VAT Extends Global Reach
Why Don’t We Have VAT in the U.S.?

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Question: What do more than 160 countries have that the United States does not? Answer: A value-added tax (VAT) VAT is a broad-based consumption tax, chargeable at every stage of the supply chain, up to the retail stage, that generally allows the recovery of input tax for businesses and results…

Cooper Monroe

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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

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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 »

Philadelphia and Harrisburg Chapters
Present Scholarships to Six Deserving Students

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An annual highlight of the TEI Philadelphia and Harrisburg chapters’ years is awarding scholarships to six outstanding candidates from local universities. Scholarships for the 2014–15 year were recently awarded. Each year, the chapters pool their resources to maximize scholarship awards. A scholarship candidate must be a junior or senior accounting…

Portland Chapter
Hosts Annual Tax Conference

On April 29, more than 100 tax professionals gathered at the Multnomah Athletic Club in Portland, Oregon, for the TEI Portland Chapter’s Annual Tax Conference. Chapter President Michael Burch of Nike started the conference by welcoming participants. Eric Solomon, co-director of Ernst & Young’s national tax department, delivered the keynote…

Ivan Bastasic of the Canadian Revenue Agency Receives TEI’s Distinguished Service Award

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TEI was pleased to recognize Ivan Bastasic for his 33-year service to the international tax community with the Distinguished Service Award at the 2015 Annual Canadian Tax Conference in May. Ivan recently retired from the Canadian Revenue Agency (CRA), most recently serving as special adviser to the director general in… Read more »

TEI Welcomes New Website and Community Manager

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Lorelei Bassi joined TEI in April as the website and community manager in the marketing and communications department. She handles all things Web- and social media-related, ensuring that TEI websites, social media channels, and the community platform TEIConnect are updated and accessible, while tracking usage and trends. Lorelei will also… Read more »

Emerging Leader: Mark Pollard

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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 »