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Tax Executive

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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 . . .

Calendar of events.(Calendar)
Date Events 2007 May 16-17 Senior Tax Executives Conference (Renaissance Esmerelda--Indian Wells, California) June 11-15 . . .

Letter to FASB on meaning of "effectively settled" (FIN 48-a): on March 28, 2007, TEI President David L. Bernard submitted comme
On February 27, 2007, the Financial Accounting Standards Board issued for public comment a proposed amendment to FIN 48 on Accounting for Uncertainty in Income Taxes. The proposed FASB Staff . . .

Minutes of TEI - LMSB liaison meeting: February 12, 2007.(Tax Executives Institute, large and mid-size business)
On behalf of the Large and Mid-Size Business (LMSB) Division of the Internal Revenue Service, Commissioner Deborah M. Nolan welcomed TEI President David L. Bernard and the other members of the . . .

TEI urges the Canadian government to abandon legislation relating to foreign investment entities and non-resident trusts.(Tax Ex
TEI's March 8, 2007, letter to Canadian Federal Minister of Finance James Flaherty was prepared under the aegis of TEI's Canadian Income Tax Committee, whose chair is David M. Penney of . . .

TEI urges Ontario to accelerate repeal of capital tax. (Tax Executive Institute, March 8, 2007 letter to Ontario Finance Ministe
On October 6, 2006, Ontario and the federal government signed an agreement to transfer administration of Ontario's corporate income tax to the federal government, effective for taxation years . . .

Minutes of TEI - U.S. Department of Treasury liaison meeting: February 12, 2007.(Tax Executives Institute )
These minutes were prepared by Tax Executives Institute, and although reviewed by the Treasury Department, they have not been formally approved by the Department. Introductory Comments On . . .

Proposed regulations on methods to determine taxable income in connection with a cost sharing agreement: Tax Executives Institut
On August 4, 2006, representatives of Tax Executives Institute met with you to discuss the proposed cost sharing regulations. At that meeting, TEI committed to provide additional comments on the . . .

TEI testifies on tax gap: statement of Timothy J. McCormally, Executive Director on behalf of Tax Executives Institute, Inc. bef
Good morning. I am Timothy J. McCormally, Executive Director of Tax Executives Institute, and I am accompanied today by Eli J. Dicker, the Institute's Chief Tax Counsel. We are pleased to . . .

Updates to Canadian information circulars and income tax technical bulletins.
TEI has written Canada Revenue Agency Deputy Commissioner William V. Baker, urging CRA to resume issuing timely updates to Information Circulars and income tax interpretation bulletins. The letter . . .

TEI's comments on proposed regulations relating to section 987 qualified business units: on February 1, 2007, Tax Executives Ins
On September 6, 2006, the U.S. Department of Treasury and the Internal Revenue Service issued revised proposed regulations that provide guidance under section 987 of the Internal Revenue . . .

Dealing with FIN 48: techniques to manage tax uncertainties through IRS practices and procedures.(Financial Accounting Standards
Introduction Since the promulgation of the Financial Accounting Standards Board's Financial Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48), most corporate tax . . .

Obtaining disclosure from the IRS - why it's important and how to do it.
For most companies, dealing with the Internal Revenue Service during the typical examination keeps members of the tax function busy responding to and managing requests for information from the exam . . .

The effect of SOX and the increased focus on accounting for income taxes: survey results.
The tax department today operates in a changed environment--one with a higher profile and a greater workload. This is a world of compliance with the Sarbanes-Oxley Act of 2002 (SOX) and FIN . . .

Treasury and IRS provide guidance on cross licensing arrangements, permit use of net consideration method.
On February 15, 2007, the U.S. Department of the Treasury and Internal Revenue Service issued Rev. Proc. 2007-23, (1) settling a controversial issue by permitting taxpayers to change to, or . . .

Bird's eye view of the IRS: practical advice for streamlining your audit.
Would you like the cycle time of your current three year audit cycle reduced from 36 months to twelve and have the next year skipped entirely by exam? Well, I cannot promise that, but it has . . .

Manufacturing deduction flaw and a tax policy fix.
During periods of economic decline, many firms have little or no taxable income and are quite possibly mired in an alternative minimum tax (AMT) environment, thereby precluding the use of tax . . .

Tax gap, legislative and regulatory initiatives focus of TEI's 57th Midyear Conference. (Tax Executive Institute)
The cherry blossoms may not have been in bloom, but that did not deter the nearly 600 tax executives who gathered in Washington in March to review the latest developments in financial reporting, . . .

Final DCL rules reflect TEI views.(dual consolidated losses)
Final regulations issued by the government on in March relating to dual consolidated losses reflect recommendations made by Tax Executives Institute in its August 2005 written comments. The final . . .

Seattle's Lisa Norton, Canada's Len Farber honored at Midyear Conference.
Lisa Norton of TEI's Seattle Chapter and former Canadian official Len Farber were recipients of TEI awards during the Institute's 57th Midyear Conference in March. In presenting Ms. Norton with . . .

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