Institute News
TEI’s 2023 Annual Conference— 75th Anniversary Celebration Will Take Place at the New York Marriott Marquis
Registration is officially open for TEI’s 2023 Annual Conference—75th Anniversary Celebration! The Annual Conference will occur October 22–25 at the New York City Marriott Marquis in the heart of Times Square. We are excited to celebrate TEI’s 75th Anniversary at this event, which will honor TEI’s past, present, and future.… Read more »
Thank You and Congratulations to TEI’s Committee Chairs
TEI could not accomplish the work it does 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 2022–2023 committee chairs for the work they have done… Read more »
TEI Comments on Proposed Regulations on the Transferability of Certain Credits
On August 14, TEI responded to a request for comments concerning proposed regulations under Section 6418 regarding the transferability of certain credits to unrelated taxpayers. TEI’s comments included concerns about burdensome registration and election requirements and about provisions that substantially limit the taxpayers’ ability to take advantage of the credit… Read more »
TEI Adds New Director of Sponsor Relations
Amanda Sturdevant joined the TEI staff in June as sponsor relations director. She is a marketing strategist and project manager with more than fifteen years of experience working for accounting, law, and consulting firms. Prior to joining TEI, Sturdevant served as marketing director at True Partners Consulting, a national tax-only… Read more »
TEI Submits Comments on the European Commission’s Proposals for VAT in the Digital Age
On April 3, TEI submitted comments on the European Commission’s proposals for value-added tax (VAT) in the digital age. TEI agreed with a number of proposals aimed at standardizing and simplifying reporting requirements but identified significant opportunities to further harmonize the European VAT system, increase horizontal neutrality, and eliminate unnecessary… Read more »
TEI Comments on the FASB’s Proposal for Enhanced Income Tax Disclosures
On May 30, TEI submitted comments to the Financial Accounting Standards Board regarding its proposal to require companies to disclose disaggregated income tax information in financial statements. TEI noted its significant concerns about the proposal but nevertheless offered detailed recommendations aimed at reducing confusion and making the information more useful… Read more »
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 »
New Developments in Canada’s General Anti-Avoidance Rule Editor’s note. This article was written in early May. In…
Oops! I Did It Again: Practical Implications of Revenue Procedure 2022-39 A fact, well known in the tax community: every tax…
TEI Roundtable No. 43: Separate, Combined, and Worldwide Unitary State Filings One of the most talked-about education sessions at this year’s…
Buying and Selling CFCs Under New Corporate Alternative Minimum Tax Regime As part of the Inflation Reduction Act, Congress enacted a…
AI, ETL Tools Offer Promising Possibilities Artificial intelligence (AI) and extract, transfer, and load (ETL) tools…
David Gillman David Gillman began his tax career at Peat Marwick, the…