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October 2015

A Good Start

From the Chair

A Good Start

I am pleased to report that the Tax Section’s 2015-2016 year is off to a productive start. I am excited by all that the Section, its members, and its staff are accomplishing. Beyond the usual high level of government submissions and pro bono activity, there are a number of items that I want to highlight for you.

Lawyers who practice in the state and local tax (SaLT) area have unique ethical concerns given that their clients' legal matters often involve multiple jurisdictions.

On May 18, 2015, the United States Supreme Court issued a 5-4 decision in favor of the taxpayer in a dormant Commerce Clause tax case involving respondents Bryan and Karen Wynne and the Maryland income tax laws.

In this Point & Counterpoint, Thomas A. Barthold, Chief of Staff, Joint Committee on Taxation, Washington, DC; G. William Hoagland, Senior Vice President, Bipartisan Policy Center, Washington, DC; and Jane G. Gravelle, Senior Specialist in Economic Policy, Congressional Research Service, Washington, DC, reprise a panel discussion presented by the Teaching Taxation committee at the 2015 May Meeting.

The Pro Bono and Tax Clinics Committee has undertaken a new initiative designed to match law firms with low-income taxpayer clinics (LITCs) in need of assistance.

This article is adapted from "Why A Law Student Tax Challenge?"—a Young Lawyers Forum panel discussion between Joseph Barry Schimmel and Clayton H. Collins held at the 2015 Joint Fall CLE Meeting in Chicago, IL.

Section delegate Richard M. Lipton offers an explanation of why the Tax Section has decided to withdraw this resolution.

Sing along with Tax Bites to the tune of “Can’t Take My Eyes Off of You.”

Since May 5, 2015, the Section has coordinated the following government submissions, which can be viewed and downloaded free of charge from the Section's website.

The Section’s Tax-Exempt Financing Committee sought to assist the government by providing input on the history of the definition of political subdivision as it relates to tax-exempt and tax-advantaged bonds.

The Section’s Partnerships and LLCs Committee responded to the government’s request for comments in the preamble to the proposed regulations with a series of recommendations concerning the contributions of built-in loss property, mandatory basis adjustment provisions, basis allocation rules under section 755, substituted basis transactions, and the application of layering versus netting in applying section 704(c).

This groundbreaking conference will explore how taxpayer rights globally serve as the foundation for effective tax administration.

Listen at your convenience to high-quality tax law CLE on a variety of topics.

Purchase your copy today!

The Section of Taxation thanks the sponsors of the 2015 Joint Fall CLE Meeting for their generous support.

Thomson Reuters Checkpoint Catalyst™ delivers tax research framed in an entirely new way, so you see the clarity, color and context you need to get the whole picture of each business tax issue.

Volume 35


August 2016

June 2016

February 2016

October 2015

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ATT October 2015 - Complete Issue
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ABA Tax Times (ISSN 2381-5868) (formerly the NewsQuarterly) reports on developments pertaining to taxation, Tax Section news and meeting updates, and other information of professional interest to Tax Section members and other readers.

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