Tax Executive

Browse past and current articles from this publication.

Dare to make a difference - get involved!
When I left public accounting in 1983 to become Tax Manager for Canada Development Corporation, there was no question that I would join the Toronto Chapter of Tax Executives Institute. Even if I had . . .

Transcendent contributions.
In the late spring of 1988, I sat in the office of my boss, then-TEI Executive Director Tom Kerester, with Tom and the Institute's President, Larry Langdon of the Santa Clara Valley Chapter. Lato, h . . .

Vince Alicandri becomes TEI's 60th president.(Tax Executives Institute)
Vincent Alicandri of the Toronto Chapter became the 60th President of Tax Executives Institute at the conclusion of TEI's Annual Meeting of Members in August. The meeting, which was held in Brewster . . .

Global issues dominate TEI's summer: U.S. contract manufacturing, Canadian tax reform, European consolidated tax base, Ontario l
The increasingly global reach of TEI's advocacy was evident this summer in the submissions filed by Tax Executives Institute. In Canada, TEI weighed in on federal tax reform and retroactive legislat . . .

Region VII conference draws 100.(Chapter News)
The 2008 TEI Region VII Conference was held at the Westin Resort on Hilton Head Island, South Carolina, on July 10-13, 2008. The meeting was as big success, with approximately 100 members and their . . .

Magnolias, southern cooking, lure TEI's incoming leaders to the old South: Charleston site of 2008 leadership seminar.(Chapter N
TEI's incoming officers, Executive Committee, and chapter presidents gathered on the Isle of Palms near Charleston, South Carolina in June to discuss their goals and objectives for the upcoming year . . .

TEI Philadelphia Chapter news.(Chapter News)
[ILLUSTRATION OMITTED] Caption: The Philadelphia Chapter of TEI held its Chapter Annual Meeting and golf outing on June 17, 2008, at the Little Mill Country Club, in Marlton, N.J. Pictured are Ric . . .

New TEI guest-student program designed to create a "path to membership".(Chapter News)
As part of its goal of expanding the scope and diversity of TEI's membership, TEI has developed a series of recommendations to enhance TEI's outreach to students and professors while preserving the . . .

Change wins in New Jersey.(Chapter News)
Ron Lerner, President of the New Jersey Chapter, received a major endorsement from the membership, with more than 120 members attending the Chapter's Full-Day Spring Seminar, on May 30th at the Hyat . . .

Excitement in Boston building to October's fevered pitch for ... TEI's 63rd Annual Conference.(Tax Executives Institute)
Can a city be more frenetic than Boston in October during a chase for baseball's world championship? The energy and enthusiasm are infectious for fans, non fans, and even diehard Yankee fans. So, to . . .

Virtual manufacturing and the proposed contract manufacturing regulations.
Introduction On February 27, 2008, the Internal Revenue Service issued the long-awaited proposed regulations dealing with whether contract manufacturing arrangements entered into by a controlled f . . .

Optimizing business incentives: preparation and creativity are the keys.
Competition among state and local governments has resulted in a daunting array of incentives, including cash grants, tax credits and abatements, infrastructure assistance, land grants, utility rate . . .

The Glaxo Canada tax case: a bitter pill.
Almost two years after settling its multi-billion dollar transfer pricing case with the Internal Revenue Service (IRS), GlaxoSmithKline (GSK) received another adverse decision, this time in Canada. . . .

Comments on Canada's system of international taxation.
On July 15, 2008, Tax Executives Institute submitted the following comments to the Advisory Panel on Canada's System of International Taxation to enhance the competitiveness and fairness of Canada's . . .

Calendar of events.(Calendar)
CALENDAR OF EVENTS 2008 September 18-19 IRS Audits & Appeals Seminar (Marriott Waterfront--Baltimore, MD) October 19-22 63rd Annual Conference (Westin . . .

TEI's comments on proposed contract manufacturing regulations.(Tax Executives Institute)
On June 11, 2008, Tax Executives Institute filed the following comments on the proposed regulations relating to contract manufacturing arrangements under section 954(d) of the Internal Revenue Code. . . .

TEI comments on EU's common consolidated corporate tax base.(Tax Executives Institute)
On June 30, 2008, Tax Executives Institute submitted the following comments to Thomas Neale, Head of the European Commission's Task Force charged with developing a proposal for a common consolidated . . .

Comments to Ontario Minister of Finance on the retroactive amendment of Retail Sales Tax Act.
On June 20, 2008, Tax Executives Institute submitted the following comments to Dwight Duncan, Minister of Finance for the Province of Ontario, concerning the retroactive amendment of the Retail Sale . . .

Chapter employment committees.(Directory)
Most TEI chapters have formed Employment Committees to provide information to members seeking employment and companies seeking to fill positions. For specific information, please write or call the c . . .

A winning team.
I'm a Red Sox fan. I used those words at the beginning of my first column as TEI President nearly a year ago, and it seems fitting to use them again in my last column. It's been a good year to be a . . .

TEI's chapters continue to impress.(Tax Executives Institute)
My travels in April and May give further proof that the strength of Tax Executives Institute lies in the network of 54 chapters around the world and its cadre of volunteer leaders. In mid-April, I t . . .

LMSB's Debbie Nolan receives TEI's Distinguished Service Award.(IRS's Large and Mid-Size Division, Tax Executives Institute)(Spe
Imagine that one day you received a call from the Commissioner of the Internal Revenue Service, Charles Rossotti, saying, "I want to consider the opportunity of a lifetime, a business proposition to . . .

Continuing education program set for 2008-2009: seminars on partnerships, financial reporting, IRS audits & appeals, and interna
Tax Executives Institute has announced the Institute's schedule of educational events for 2008-2009. The conferences, seminars, and courses for the year will feature top-notch speakers and up-to-the . . .

State & local, Canadian activities top TEI's spring agenda: comments also filed on cafeteria plan regs, employment tax rules for
TEI's technical committees have had a busy spring, preparing comments on issues as diverse as a federal law to provide a uniform standard for taxing out-of-state workers, Alabama's add-back statute, . . .

St. Louis Chapter hosts IRS Night, welcomes LMSB Commissioner Frank Ng.(Chapter News)
The St. Louis Chapter held its annual "IRS Night" on February 28th. The program featured Frank Ng, the Commissioner of the IRS's Large and Mid-Size Business Division, and Tom Merkle, IRS Team Manage . . .

Santa Clara Valley Chapter presents Meritorious Service Award to Larry Langdon.(Chapter News)
On March 25, 2008, TEI's Santa Clara Valley Chapter presented its 2007 Meritorious Chapter Service Award to Larry R. Langdon, former LMSB Commissioner of the Internal Revenue Service and a past pres . . .

New Jersey and Internal Revenue Service see things eye-to-eye.(Chapter News)
On Wednesday, March 19, 2008, representatives of the New Jersey Chapter of TEI met eye-to-eye with representatives of the Internal Revenue Service at the IRS's office at Metro Park in Iselin, New Je . . .

CRA Commissioner, government officials highlight 42nd Annual Canadian Tax Conference: Institute presents Distinguished Service A
TEI Vice President for Region I (Canada) Munir A. Suleman welcomed more than 150 members, guests, government officials, and sponsors to the 42nd Annual Canadian Tax Conference held May 4-7, 2008, in . . .

Advancing TEI's social responsibility: on April 6, 2008, the Board of Directors of Tax Executives Institute adopted the followin
Introduction--The Growth of Corporate Social Responsibility Corporate Social Responsibility (CSR) is a concept whereby a company or other enterprise considers the interests of society by taking re . . .

The pursuit of transparency does not trump the work product privilege.
In the past decade, the role of corporate tax executives has drastically changed, with executives are operating in an environment with more burdensome requirements and with greater demands for trans . . .

The issue focus approach after one year: can LMSB steer clear of the shelter paradigm?(large and mid-sized business)
Introduction In the spring of 2007, the IRS's Large and Mid-Sized Business Division (LMSB) announced its "Industry Issue Focus" approach to the selection of issues for examinations. (1) Now that L . . .

Advance pricing agreements - a strategic tool in global transfer pricing management.
Introduction The Internal Revenue Service's Advance Pricing Agreement (APA) Program was established in March 1991 to avoid transfer pricing disputes by entering into prospective agreements with ta . . .

Mobile Workforce State Income Tax Fairness and Simplification Act: on May 13, 2008, Tax Executives Institute filed the following
On behalf of Tax Executives Institute (TEI), I urge prompt consideration and enactment of H.R. 3359, the Mobile Workforce State Income Tax Fairness and Simplification Act of 2007. Employers nationwi . . .

Staff quick reference.(Directory)
Listed below are the names of TEI's staff members, together with a brief description of each individual's general duties, voice mailbox number, and e-mail address. Phone: 202.638.5601 Fax: 202.638.5 . . .

VFJ Ventures, Inc. v. Surtees permissibility of Alabama's add-back statute: on April 29, 2008, Tax Executives Institute filed a
In Alabama and several other states, the computation of "taxable income" begins with federal taxable income but then requires various additions and subtractions peculiar to each state's taxing regim . . .

Proposed revision of UDITPA: on May 13, 2008, Tax Executives Institute filed the following comments with the National Conference
On behalf of Tax Executives Institute, I write about the pending project of the National Conference of Commissioners on Uniform State Laws (NCCUSL) to re-write the Uniform Division of Income for Tax . . .

Proposed cafeteria plan regulations.
On April 21, 2008, Tax Executives Institute submitted comments on the proposed cafeteria plan regulations issued under section 125 of the Internal Revenue Code. The comments were prepared under the . . .

Treatment of disregarded entities as corporations for employment tax purposes.
On April 28, 2008, TEl President Robert J. McDonough recommended that the Treasury Department permit owners of disregarded to elect to assume joint and several liability of employment tax obligation . . .

TEI's letter to Canadian Department of Finance on paperwork burden reduction.(Tax Executives Institute)
On May 5, 2008, TEI President Robert J. McDonough submitted a letter to the Canadian Department of Finance recommending paperwork burden reductions for businesses. TEI's recommendations were prepare . . .

Priority updates for Canadian interpretation bulletins and information circulars.
On February 18, 2008, TEI President Robert J. McDonough submitted recommendations to Canada Revenue Agency for updates to CRA's interpretation bulletins and information circulars. The recommendation . . .

Chapter employment committees.(Directory)
Most TEI chapters have formed Employment Committees to provide information to members seeking employment and companies seeking to fill positions. For specific information, please write or call the c . . .

The new commissioner's debut and TEI's social responsibility plan.(Tax Executives Institute)
During TEI's Midyear Conference, I had the pleasure of introducing the new Commissioner of Internal Revenue, not only to TEI, but the tax community. Douglas Shulman, who became the 47th Commissioner . . .

Of cleaning out barns and enhancing social responsibility.
As a young boy growing up in central Kansas, I was fortunate enough to have my own horse. Hazel provided countless hours of recreation as well as a mode of transportation for delivering newspapers t . . .

TEI's 59th midyear conference features new IRS commissioner, other government speakers.
TEI President Robert McDonough welcomed more than 600 members and guests to the 58th Midyear Conference, held April 6 to April 9 in Washington D.C. Noted National Public Radio and ABC News commentat . . .

Supreme Court unanimously reverses Illinois's MeadWestvaco case: liaison meeting minutes reveal candid discussions between TEI a
In an eagerly awaited decision, the Supreme Court of the United States in April unanimously ruled that the "operational function" test for determining whether income is apportionable for state tax p . . .

TEI midyear conference remarks of the honorable Douglas H. Shulman Commissioner of Internal Revenue. (Tax Executives Institute)
On Monday, April 7, 2008, Douglas H. Shulman, Commissioner of Internal Revenue, addressed the 58th Midyear Conference of Tax Executives Institute in Washington, D.C. The address was Mr. Shulman's fi . . .

European Chapter continues scholarship program.(Chapter News)
As it did in 2007, in early March the European Chapter of Tax Executives Institute granted scholarships to four doctoral students at the Institute for Austrian and International Tax Law at the Vienn . . .

New Jersey Chapter meets in Morristown.(Chapter News)
On Friday, February 15, 2008, the New Jersey Chapter held its Full Day Winter Seminar at the Hyatt Morristown. The February meeting, always a dark horse for the attention of tax executives embroiled . . .

"More likely than not": a comparison of FIN 48 and the tax penalty standard.
Efforts intended to strengthen objectivity and transparency with respect to tax planning, compliance, and conflict resolution have converged around the use of a "more likely than not" standard. A sp . . .

TEI roundtable on biggest issues in international tax.(Tax Executives Institute)
Experts from Tax Executives Institute (TEI) recently held an exclusive panel discussion with Thomson Tax & Accounting (TTA) to discuss the most complex and time-consuming international tax planning . . .