Identification: M01
This plenary session will feature an animated roundtable discussion among three of Washington’s top tax lobbyists, who will share their insights regarding the prospects for corporate and international tax reform legislation in the 117th Congress and related tax policy developments off the Hill. Not to be missed!
After attending this session, participants should be able to, among other things: (1) understand the major 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, and the likelihood of their getting enacted into law; (2) identify other Democratic tax legislative priorities (and their prospects) for the second session of the 117th Congress, and (3) understand the Biden administration’s current posture and role in tax policy development, both on and off the Hill.
Speaker(s):Concurrent Sessions
Preview Available
Tax Practice in a Perfect Storm – Assessing the Impacts of Inflation, Supply Chain Disruption, and Legislative Uncertainty on the Tax Function
Preview Available
Identification: M02
The tax function is in the midst of uncertainty on all fronts, ranging from economic recovery to regulatory guidance to domestic and foreign political uncertainty. This session will explore how tax departments are responding to the potential for unmitigated double taxation as a result of the recently issued foreign tax credit regulations and OECD/G20 BEPS guidance, and the impacts of transfer pricing and ESG thereon.
After this session, participants should be able to:
Significant Legal Developments for Crediting, Deducting, and Amending Research and Experimental Expenditures: What Should I Know and How Should I Respond?
Preview Available
Identification: M03
Aggressive IRS enforcement of research credits and recent legislation impacting the treatment of section 174 research and experimental expenses have resulted in significant legal and administrative changes that may materially impact future return positions. In response, TEI has assembled a team of leading experts to break down the developments and explain their practical impacts. Our panelists will analyze a variety of topics, such as the new, extremely rigorous reporting standards for research credit refund claims, the impact of Little Sandy Coal on determining what expenses qualify for the credit, the new 5-year amortization requirement for section 174 R&E expenses, IRS practice developments and their impacts on how taxpayers claim, document and defend section 41 credits, and technological advances companies should consider to support their research credit studies.
At the conclusion of this course, participants should:
Identification: M04
As long as the earth rotates on its axis, there will be developments in state and local taxes. This session will provide an update on developments in state corporate income taxation, sales and use taxes, and local taxation. It will cover topics such as what’s new in pass-through entity taxes, NOL usage, remote workers, and more.
IRS Progress Update, The Honorable Charles P. Rettig, Commissioner, Internal Revenue Service / Conferral of Honorary Membership to James A. Kennedy
Preview Available
Identification: M05
The Honorable Charles P. Rettig, Commissioner, Internal Revenue Service, will join TEI for a multifaceted discussion of the agency’s many challenges, measures being taken to resolve the tax return backlog and Service Center delays, plans for the 6% budget increase recently signed into law, and updates on service and enforcement priorities impacting large business taxpayers.
At the conclusion of this session, participants should:
Conferral of Honorary Membership to James A. Kennedy
Preview Available
Identification: AP1
Speaker(s):Networking Lunch
Preview Available
