Recently added articles from Tax Executive:

TEI 2008: teamwork, excellence, and integrity.(Tax Executives Institute)

Jul 01, 2007; McDonough, Robert J. ... I'm a Red Sox fan. To different people that means different things. To many, if not most, people in Red Sox Nation, it means that most nights we have two teams to root for--Boston and whoever's playing the [fill in the blank]. To others, it means having lots of experience with frustration ...

Bob McDonough installed as TEI's President.(Tax Executives Institute)

Jul 01, 2007 ... Robert J. McDonough of the New England Chapter became the 59th President of Tax Executives Institute at the conclusion of TEI's Annual Meeting of Members on August 14. The meeting, which was held in Kohler, Wisconsin, marked the end of the term for David L. Bernard of the Northeast ...

TEI comments on tangibles regs, Form 5471, and section 263 transaction costs: also Files Amicus Brief in MeadWestvaco.(Recent Activities)

Jul 01, 2007 ... Issues ranging from the 12-month rule in the tangibles regulations to the revision of an information-reporting form to the unitary business principle captured TEI's attention during the dog days of summer. TEI's new President, Bob McDonough, who took office on August 14, commented that the ...

In remembrance of John J. Quick.(Obituary)

Jul 01, 2007 ... John J. Quick, a New Jersey Chapter member since 1994, died recently after a long illness. Mr. Quick served in several chapter leadership positions, including Senior Vice President, Vice President and Secretary. He was also a member of the Institute s State and Local Tax Committee. Mr ....

Twenty-fifth anniversary reminiscences.

Jul 01, 2007; McCormally, Timothy J. ... Bob McDonough is kind enough in his President's Corner column to note that earlier this summer I observed my 25th anniversary as a member of TEI's staff. During this period, TEI has experienced remarkable growth--our membership has more than doubled from 3,400 to more than 7,000; the ...

TEI's 62nd Annual Conference: program available.... and compelling.

Jul 01, 2007 ... Without question, the tax and management challenges confronting today's tax executive continue to multiply, posing challenges and opportunities not only to in-house tax professionals but also to TEI's Continuing Education Committee. Indeed, with so many tax, financial reporting, and ...

European chapter reports on successful year: the following is excerpted from the annual report submitted by Carol Shapira, 2006-2007 president of TEI's European Chapter.(Chapter News)

Jul 01, 2007 ... The 2006-2007 year was yet another success story for the European Chapter. The Officers and Directors of the Chapter, the Committee Chairmen and the Education Committee members who participated in the planning of the three major conferences held in 2006-2007 each contributed to delivering ...

Region II holds tax forum near Atlantic City.

Jul 01, 2007; Goldie, James ... On June 4-5, TEI Region II held its Regional Tax Forum 2007, co-sponsored by KPMG LLP and Sutherland Asbill & Brennan LLP, at the Marriott Seaview Resort & Spa in Galloway, New Jersey. The two-day program for tax executives provided top flight instruction into current tax developments and ...

2007-2008 goals and objectives: teamwork, excellence, and integrity.

Jul 01, 2007 ... On August 14, 2007, the Board of Directors of Tax Executives Institute adopted the following goals and objectives for the fiscal year. Founded in 1944, Tax Executives Institute has grown from an organization of 15 tax professionals to a professional association of more than ...

TEI cosponsors Conference on Tax Gap: familiar issues, few solutions.

Jul 01, 2007 ... Current and former government officials, academics, practitioners, and industry stakeholders, including TEI 2006-2007 President David L. Bernard, came together in Washington in mid-June to discuss the causes, consequences, and possible solutions for the nation's growing tax gap. ...

Proposed regulations on entertainment use of company aircraft: still a tough IRS line, but notice 2005-45 is eased.

Jul 01, 2007; Dyson, Marianna G. ... The passage of two years since the issuance of Notice 2005-45 has not significantly dampened the enthusiasm of the Internal Revenue Service in its mission to stamp out executives' entertainment use of company aircraft. (1) The newest tool in the IRS's arsenal is the deduction limitation ...

The new DCL regulations: new rules and contracts.(dual consolidated losses)

Jul 01, 2007; Bracuti, Guy A. ... Introduction A. Background and Policy On March 19, 2007, the U.S. Department of the Treasury and the Internal Revenue Service (collectively, the IRS) filed with the Federal Register final regulations under section 1503(d) of the Internal Revenue Code regarding dual ...

A survey of sales, use, and VAT tax solutions.

Jul 01, 2007; Tobey, Charles ... As a business progresses through the growth cycle, from start-up to Fortune 100, there is a need to assess periodically the methods and systems used to comply with sales, use, and VAT tax laws. This need can grow as the company itself grows, from doing business in a single state to doing ...

Supplemental comments on the proposed "Tangibles Regulations".

Jul 01, 2007 ... On June 19, 2007, TEI President David L. Bernard submitted a letter to Assistant Treasury Secretary for Tax Policy Eric Solomon providing supplemental comments on the proposed regulations relating to the treatment of expenditures for tangible property and repairs. The letter responds to a ...

Comments relating to the treatment of transaction costs required to be capitalized under section 263.

Jul 01, 2007 ... On July 13, 2007, TEI President David L. Bernard submitted a letter to Assistant Secretary of the Treasury for Tax Policy Eric Solomon and Acting IRS Commissioner Kevin Brown relating to the treatment of transaction costs incurred in connection with the acquisition, creation, or ...

Proposed revision of Form 5471.

Jul 01, 2007 ... The Internal Revenue Service recently sought input from Tax Executives Institute and other stakeholders regarding proposed changes to Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. On June 6, TEI representatives met with you and other ...

TEI member comments on Form 5471: July 2007.

Jul 01, 2007 ... Note: These comments are a compilation of recommendations received from TEI's members on Form 5471. After the June 6th meeting with the IRS, TEI circulated 13 questions among the members of its IRS Administrative Affairs and International Tax Committees, soliciting their views ...