Departments and Columns
A Rise in E-Commerce Puts Pressure on Tax and IT
Accelerated by the COVID-19 pandemic, e-commerce activity around the globe has skyrocketed over the past year. The rise in online selling brings with it added processing of sales tax. As a result, tax and IT teams and their enterprise resource planning (ERP) and transactional systems have been put to the… Read more »
High Priority: Tax Technology Implementation
According to Thomson Reuters’ 2020 Corporate Tax Departments Survey: New Technology Demands New Skills & New Attitudes, the role of the tax technologist is increasingly important, and tax departments need to decide whether to teach technology to tax professionals or hire technologists who can be taught about tax. On top… Read more »
Acknowledgments
TEI gratefully acknowledges the support of the following firms that sponsored TEI’s Virtual Midyear Conference. Their financial support enables TEI to maintain a rich program of value-added education, networking, and advocacy activities for the in-house tax community. Exclusive Affinity Partner Thomson Reuters Platinum ADP Andersen Avalara CertCapture Inc. Baker McKenzie… Read more »
What’s in a Decade?
KPMG regularly compiles data on corporate tax rates around the world and organizes that data for its customers and member firms. The company recently shared data from the past ten years highlighting corporate tax rates organized by country, continent, and demographic or political region (such as Latin America, the European… Read more »
A Year of Transformation & Strategic Focus
It has been an honor to lead the Institute this past year as TEI’s international president. I am proud of all the work we have accomplished in challenging circumstances. This year can be characterized by two notable developments: immediate, transformative change and a laser focus on the future strategic direction… Read more »
Tax Structures and Government Revenue Around the World
Countries in the Organisation for Economic Co-operation and Development (OECD) vary greatly in how tax revenue is generated. For example, although all OECD countries levy a corporate income tax, it typically raises far less revenue than other tax sources. Using the 2019 OECD average of 9.6 percent as a benchmark… Read more »
Linda Kim
Since Linda Kim was young, she knew she would go into accounting because of her father. She fought it for a while, thinking she might become a teacher. However, after working with her father one summer, she decided to follow his advice: If she pursued a career in accounting or… Read more »
Payroll Tax Credits and PPP Interplay: Enter the IRS Employment Tax and SBA PPP Loan Audit
It’s time to have a conversation about audits, specifically the Internal Revenue Service employment tax audit and the Small Business Administration PPP loan forgiveness audit. Regardless of what industry or sector includes your organization, the COVID-19 pandemic forced all employers, big and small, to deal with new employment issues. Fortunately,… Read more »
IRS Appeals Conferences During the Pandemic
The Expert: Bill Colgin
A few months after COVID-19 closed Internal Revenue Service buildings and employees were sent home to work remotely, the reality of a backlog of pending matters led IRS Appeals to awaken and move forward again. Appeals officers, Exam teams, and taxpayer representatives tentatively began holding Appeals conferences and meetings using… Read more »
Emerging Leader: Brian Kaufman
Brian Kaufman is very familiar with the aphorism, “like father, like son.” Kaufman’s father was a tax accountant for thirty-five years at Arthur Andersen. Because of that, Kaufman says, he had absolutely no desire to go into tax. “It seemed so boring and esoteric. I was really set on being… Read more »
State and Local Tax Implications for a Remote Workforce State and local tax issues related to remote workforces have…
Tax’s Role in Tech Transformation As tax experiences its own transformation with technology, companies are…
Key Challenges and Opportunities for Tax Directors in a Tightening Economy Navigating a tightening economic cycle—characterized by prolonged high interest rates…
Question: How Can Companies Take Advantage of Digital Assets With No Tax Impact? Digital-asset-based loyalty and reward programs allow companies to create a…
The Rise of the Excise Tax In August 2022, Public Law No. 117-169—commonly called the Inflation…
TEI Roundtable No. 48: AI Implementation in Today’s Tax Landscape As artificial intelligence (AI) gains traction throughout the business world,…