Vol. 26 No. 2 - Winter 2007

From the Chair

Taxation

From the Chair

Susan P. Serota

For much of the last year, the attention of Congress, the Treasury and the Internal Revenue Service has focused on an issue that continues to vex policy makers—the tax gap. What is the tax gap? In very basic terms, it is the difference between the amount of money taxpayers should pay...

Nominating Committee

Taxation

2007-2008 Nominees

ABA Section of Taxation

In accordance with sections 6.1 and 6.3 of the Section of Taxation Bylaws, the following nominations have been submitted by the Nominating Committee for terms beginning at the conclusion of the 2007 Annual Meeting in August. ...

Interview

Taxation

David Robison

Jasper L. Cummings, Jr. and Alan J.J. Swirski

David Robison recently retired from the Service, where he served 32 years in a variety of functions. He is currently a Senior Advisor with Skadden, Arps, Slate, Meagher & Flom. ...

Point & Counterpoint

Taxation

The Constitutionality of Tax Exemptions for Home State Bonds Under the Dormant Commerce Clause

Linda M. Beale

In today’s complex global markets, states finance state and local governmental activities through borrowing as well as through sales, use and income taxes. Because interest on state bonds is generally exempt from federal tax, states can issue bonds at a slightly lower rate yet remain competitive with other governmental or corporate bonds, lowering borrowing costs. ...

Special Report

Taxation

"Prior Work" Can Create Ethical and Malpractice Risk

Christopher S. Rizek

Tax practitioners are often asked to defend, in an audit or in litigation with the Service, the tax treatment of an item or transaction about which the same practitioner (or colleagues in the practitioner’s firm) previously advised the taxpayer, for example in a structuring or returnreporting context. ...

Points to Remember

Taxation

Global Planning Today: Recent U.S. Tax Developments Affecting MNCs

Neil H. Feinstein and David B. McGinty

Numerous U.S. tax rules affecting multinational corporations (MNCs) have been changed in the past year. This Point to Remember briefly describes statutory and regulatory changes and provides a high-level look at their impact on MNCs. In part, MNCs will need to reevaluate controlled foreign corporation structures...

Taxation

Significant Changes Affecting Employee Benefits

David Pratt

This Point to Remember summarizes significant recent employee benefits changes made by the Pension Protection Act of 2006 (PPA) and the Tax Relief and Health Care Act of 2006. Recent agency guidance is also included. ...

Law Student Tax Challenge

Taxation

2006 Law Student Tax Challenge Winners

ABA Section of Taxation

The Tax Section congratulates the Young Lawyers Forum and the participants in the 2006 Law Student Tax Challenge competition. The top six J.D. teams and the top four LL.M. teams traveled to Florida to compete in the oral rounds at the Section’s Midyear Meeting, and the following winners and their coaches were honored at a reception during the meeting. ...

Boxscore

Taxation

Government Submissions Boxscore

ABA Section of Taxation

Since October 2006, the Section has coordinated the following government submissions, which can be viewed and downloaded free of charge from the Section’s website.

Spotlight on Committees

Taxation

Tax Practice Management

David A. Berek

The Tax Practice Management Committee focuses on issues that arise in the management of a tax practice. The committee does not have a dedicated substantive focus like other substantive committees because there is no Code section specific to the management of a tax practice. ...

Renew Your ABA Membership

Vol. 26 No. 2 - Winter 2007

NewsQuarterly, Vol. 26 No. 2

From the Chair

From the Chair

Nominating Committee

2007-2008 Nominees

Interview

David Robison

Point & Counterpoint

The Constitutionality of Tax Exemptions for Home State Bonds Under the Dormant Commerce Clause

Special Report

"Prior Work" Can Create Ethical and Malpractice Risk

Points to Remember

Global Planning Today: Recent U.S. Tax Developments Affecting MNCs

Significant Changes Affecting Employee Benefits

Law Student Tax Challenge

2006 Law Student Tax Challenge Winners

Boxscore

Government Submissions Boxscore

Spotlight on Committees

Tax Practice Management

ABA Resources

The ABA

Connect

Renew Your ABA Membership

American Bar Association TM American Bar Association

Vol. 26 No. 2 - Winter 2007

NewsQuarterly, Vol. 26 No. 2

From the Chair

From the Chair

Nominating Committee

2007-2008 Nominees

Interview

David Robison

Point & Counterpoint

The Constitutionality of Tax Exemptions for Home State Bonds Under the Dormant Commerce Clause

Special Report

"Prior Work" Can Create Ethical and Malpractice Risk

Points to Remember

Global Planning Today: Recent U.S. Tax Developments Affecting MNCs

Significant Changes Affecting Employee Benefits

Law Student Tax Challenge

2006 Law Student Tax Challenge Winners

Boxscore

Government Submissions Boxscore

Spotlight on Committees

Tax Practice Management

ABA Resources

The ABA

Connect