Author: Richard Goldberg

The Proper Role of the Tax Department in an MNE’s Intercompany Transaction Framework
The tax department typically houses a company’s expertise in transfer pricing and is a major consumer of intercompany transaction details, but its responsibility for nonnative intercompany transaction functions can lead to significant risk and incremental income tax exposure

by Richard Goldberg
July 16, 2019
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This article presents the challenges of collecting tax-related intercompany transaction information as well as common functional misalignments of intercompany-transaction-related responsibilities inside the multinational enterprise (MNE). It also identifies key intercompany transaction function subject matter expertise (SME) and aligns these SME units or individuals with specific intercompany transaction operations. This article…

Dealing With Significant Multiemployer Pension Plan Issues in Corporate Transactions
Withdrawal liability could be jointly and severally owed by more than one entity in a corporate chain

by Randy McGeorge and Craig Bitman
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If your company has targeted or is targeting another entity with a unionized workforce, you should pay particular attention to associated pension obligations. In recent years, a combination of industry and economic factors has led to the massive underfunding of many multiemployer pension plans. Such underfunding can result in substantial…

Thank You for the Opportunity to Serve

by James Silvestri
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I cast my year as TEI president in terms of a challenge to the Institute: Elevate TEI’s profile and communicate its value. The dynamic and sometimes volatile global tax and regulatory landscape presented TEI with tremendous opportunities to show its mettle and reaffirm its position as the leading voice of… Read more »

Emerging Leader: Kristin Mikolaitis

by Tax Executive Staff
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When Kristin Mikolaitis first took a tax policy class in college, it “knocked my socks off,” she says. “That was when I first understood that tax is one of the primary tools for shaping economic and social policy in the United States—for showing which activities and people are valued, which… Read more »

Introducing the 2019–2020 Executive Committee

by Tax Executive Staff
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Even though they won’t officially be sworn in until the Annual Members/Board of Directors meeting in August, we want to introduce you to the new executive committee. Katrina Welch will be the new international president; James Kennedy, senior vice president; Mitch Trager, secretary; and Wayne Monfries, treasurer. The remaining members… Read more »

2019–2020 Technical Committee and Task Force Chairs

by Tax Executive Staff
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TEI’s technical committees and task forces have already begun their work for the 2019–2020 year, including session planning for the Annual Conference, working on advocacy initiatives, and more. If you are interested in joining a committee or task force, contact the chair listed here.

TEI’s Chief Tax Counsel to Lead U.K. Branch Office

by Tax Executive Staff
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Effective June 25, 2019, Patrick Evans, TEI’s chief tax counsel and corporate counsel, will relocate to Manchester, United Kingdom, to establish a TEI branch office there. TEI’s U.K. branch will serve as a key springboard for further developing TEI’s three pillars—education, networking, and advocacy—in the U.K. and throughout the Europe,… Read more »

Holds 5th Annual Spring Education Day
Nebraska Chapter

by Tax Executive Staff
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TEI’s Nebraska Chapter held a full-day CPE/CLE event at the Scott Conference Center in Omaha on April 23. Matt Gareau and Tim Davis from Deloitte’s Washington National Tax office presented on “Fundamentals of Consolidated Federal Taxes,” designed to provide basic federal taxation knowledge for tax professionals. The event drew over…