News
TEI Requests Guidance on the Capitalization of R&E Expenditures Under Section 174
On November 30, TEI submitted written comments to the US Department of the Treasury and the Internal Revenue Service requesting guidance on changes to Section 174 under the Tax Cuts and Jobs Act of 2017, effective for tax years beginning after December 31, 2021. TEI’s comments were developed by members… Read more »
TEI Comments on OECD Pillar Two GloBE Tax Certainty Consultation
On February 3, TEI provided comments to the Organisation for Economic Co-operation and Development (OECD) regarding its public consultation on GloBE tax certainty under the OECD’s two-pillar approach to the tax consequences of the digitization of the economy. The Institute’s comments focused on preventing and resolving tax disputes arising from… Read more »
TEI Welcomes Three New Staff Members
We are excited to announce that three new staff members have joined TEI, bringing our total staff to sixteen full-time professionals. Judi Raigns Judi Raigns joined TEI in November as TEI’s new AMS administrator and data analyst. Raigns leads efforts to form data governance standards and serves as the central… Read more »
TEI Presents Awards at 77th Annual Conference
At TEI’s 77th Annual Conference, the Institute presented awards to three key members in the TEI family: Debbie Giesey, Judy Zelisko, and Paul O’Connor. Debbie Giesey TEI presented the Distinguished Service Award to Debbie Giesey, TEI’s director of administration, who retired in October 2022. The award recognizes outstanding service to… Read more »
TEI Canadian Commodity and Income Tax Committees Hold Annual Liaison Meetings
On December 6–7, members of TEI’s Canadian Commodity Tax Committee and TEI’s Canadian Income Tax Committee met with representatives from the Canada Revenue Agency (CRA) and Department of Finance Canada to conduct their annual liaison meetings. The 2022 meetings featured robust agendas covering a range of tax law, policy,… Read more »
TEI Holds First ‘Simulive’ Event
This past August and September, TEI held its first simulive event, the 2022 Tax Technology Simulive Seminar. The in-person Tax Technology Seminar took place in May in San Francisco, and the simulive event enabled more TEI attendees to participate in the event virtually several months later. The simulive format involved… Read more »
TEI Submits Comments on the European Commission’s Proposed Directive on Debt-Equity Bias Reduction Allowance
On July 28, TEI submitted comments to the European Commission (EC) regarding the EC’s proposal to set forth rules on a debt-equity bias reduction allowance (DEBRA) and on limiting the deductibility of interest for corporate income tax purposes. The EC proposed to accomplish this objective by providing for “the deductibility… Read more »
TEI Comments on European Commission’s Proposal to Implement Uniform EU-Wide Withholding Tax System
TEI commented on the initiative of the European Commission (EC) to introduce a common, European Union-wide system for withholding taxes on dividend and interest payments in June 2022. The initiative is intended to standardize and simplify the varied withholding tax approaches of EU member states. Those approaches vary by country,… Read more »
TEI Members Participate in Focus Groups With the Government Accountability Office
TEI’s IRS Administrative Affairs Committee members recently participated in focus group discussions with the Government Accountability Office (GAO). The focus groups were aimed at providing feedback to assist the GAO with its recommendations to Congress regarding how to improve the dispute-resolution tools available at IRS Appeals. The focus groups were… Read more »
TEI’s State & Local Tax Committee Monitors Multistate Tax Commission Uniformity Projects
TEI’s State and Local Tax Committee is engaging with Multistate Tax Commission (MTC) staff and state administrators on two substantive uniformity projects the MTC is undertaking. The first project is a white paper on the state taxation of digital products. Committee members and TEI staff have informally discussed the issues… Read more »
An Overview of the EU Public Country-by-Country Reporting Rules The European Union (EU) has long been at the forefront…
Optimizing Tax Through Structured Data Storage and Data Pipelines In today’s fast-paced digital business environment, tax departments are under…
Preparing Now for 2025 Tax Legislative Activity Editor's note: This article was finalized prior to President Donald…
TEI to Comment on New Proposed Section 987 Regulations The US Treasury Department and Internal Revenue Service published new…
How Tax Insurance Can Be a Valuable Tool for Managing Transfer Pricing Risk in 2025 and Beyond Heightened regulatory scrutiny around the world has made transfer pricing…
TEI Welcomes New Staff, Promotes Team Member Erica Larkin Erica Larkin joined TEI in November as the…