Institute News
TEI Comments on Proposed Interest Deductibility Limits in Canadian Budget 2021
On December 29, 2021, TEI submitted comments to the Department of Finance Canada concerning the government’s proposal to introduce a new limitation on the deduction of business interest expense, as described in Budget 2021. In general, the proposal would limit the amount of net interest expense that a corporation could deduct… Read more »
Calling all Partnership, Pass-Through, and Other Special Entity Members
TEI has launched a new discussion group in TEI Connect for members specializing in partnership, pass-through, and special entity taxation issues. Once established, the group will set calls to gauge interest in seminars, training, and other member needs. The discussion group will also be a resource to connect members seeking… Read more »
TEI Comments on Proposed Changes to Canada’s Income Tax Mandatory Disclosure Rules
On December 10, TEI submitted comments to the Department of Finance concerning the proposed changes to Canada’s income tax mandatory disclosure rules described in Budget 2021. TEI’s comments focus primarily on the government’s proposals to amend the Income Tax Act’s reportable transaction rules and introduce a new requirement for specified… Read more »
TEI Holds 2021 Virtual Liaison Meetings With Canada Revenue Agency and Department of Finance
On December 7–8, 2021, delegations of Canadian Income Tax Committee and Canadian Commodity Tax Committee members virtually participated in TEI’s annual liaison meetings with representatives of the Canada Revenue Agency (CRA) and Department of Finance. The 2021 meetings featured robust agendas covering a range of tax law, policy, and administration… Read more »
Help TEI Better Understand You, Our Members!
As the Institute works to provide the best opportunities—for networking, education, and advocacy—to our members, we’d appreciate it if you would take a few minutes to tell us more about yourself. It’s quick and easy to update your profile. Once you’re logged in at www.tei.org, you can edit your profile… Read more »
TEI Weighs In on the Build Back Better Act’s Corporate and International Tax Reform Proposals
On December 9, TEI issued a compilation of substantive comments and recommendations concerning select corporate and international tax reform provisions in H.R. 5376, the Build Back Better Act, as passed by the House of Representatives on November 19, 2021. This submission represents the culmination of several months’ worth of consultation… Read more »
TEI Hosts Its First-Ever Fully Hybrid Event
For the first time in its history, TEI hosted the 76th Annual Conference as a fully hybrid event. Registrants had the option to attend the conference in person or remotely, with access to sponsors, networking opportunities, and more via either option. The in-person portion of the conference, attended by nearly… Read more »
TEI’s 76th Annual Conference Goes Hybrid!
After hosting the 75th Annual Conference virtually due to COVID-19, TEI is offering the best of both worlds for the 76th Annual Conference, now scheduled for October 24–27, 2021, at the Omni Orlando Resort at ChampionsGate in Florida. The Institute is excited to offer members the opportunity to meet in… Read more »
Introducing the 2021–2022 Executive Committee
Although they won’t officially be sworn in until the Annual Meeting of Members in August, we wanted to introduce you to the new TEI Executive Committee. Mitch Trager will be the new international president, Wayne Monfries will be senior vice president, Sandhya Edupuganty will be secretary, and Josie Scalia will… Read more »
TEI Advocacy Update
TEI’s standing committees continue their excellent advocacy work across the globe. Copies of TEI’s submissions can be found at www.tei.org/advocacy. To get involved in TEI’s advocacy efforts, please reach out to our committee chairs or any member of TEI’s legal staff. TEI’s Tax Reform Task Force Outlines New Guideposts for… Read more »
Prepare for Public Country-by-Country Reporting With public country-by-country reporting (CbCR) on the horizon, companies with…
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…
Optimizing Your Tax and IT Stack Tax leaders, tax technologists, chief financial officers (CFOs), and chief…
Who Is the Customer? Compared to the complexity of cost-of-performance (COP) sourcing of services…
Navigating Tax Risk in the Modern Era: Why Tax Technology Is Essential In today’s ever-changing tax world, managing the organization’s tax risk…