Tax Notes Talk

Scott Levine, former Treasury deputy assistant secretary for international tax affairs, discusses President Trump’s executive order on the OECD’s global tax deal and its potential impact on the two-pillar project.  Listen to our previous episodes on the two pillars here: Making Progress: Updates on the OECD Tax Reform Plan An Update on Pillar 1 Amount B Pillar 1 Amount B: Disagreements and Divides...

Tax Notes investigations editor Lauren Loricchio discusses security concerns regarding tax software platforms’ data-sharing practices.    Read Loricchio's article, " Monetization of Tax Data Sparks Concerns About Security ." For additional coverage, read the following articles in Tax Notes : Taxpayer Data Leak Investigations Rarely Lead to Prosecutions ProPublica Data Leak Lawsuit E...

Lili Martin-Mashburn of Morris, Manning & Martin provides an update on where the Corporate Transparency Act stands in light of the recent litigation regarding its constitutionality. Listen to our previous episode on the CTA, " Navigating the Corporate Transparency Act ." For more coverage, read the following in Tax Notes : Once Again, District Court Finds CTA Likely Unconstitutional ...

Two state tax policy experts discuss key tax proposals that states will likely address in 2025, including efforts to raise revenue and extend provisions of the Tax Cuts and Jobs Act.  For additional coverage, read these articles in Tax Notes : Massachusetts Adopts Reg Changes on Apportionment, Married Filers Idaho Governor Pledges to Continue Providing Tax Relief Leaked Docs ID Taxes Washington Se...

Tax Analysts Chief Operating Officer Jeremy Scott reviews the 2024 developments in U.S. tax legislation and speculates what may lie ahead in 2025. For additional coverage, read these articles in Tax Notes : Direct File Expected to Face Scrutiny by Incoming Administration Tax Bill Uncertainty May Dampen Business Activity What to Expect From Scoring the 2025 Tax Bill The Coming Tax Package: To Count...

Tax Notes reporters recap some of the most memorable stories they encountered in 2024, from “pig butchering” scams to a denied late-filing excuse citing Christmas stress. For additional coverage, read these articles in Tax Notes: Maine Enacts Tax Credit to Keep Portland Baseball Team DraftKings Kills Betting Tax Surcharge Proposal DraftKings Announces Surcharge Plan on States With High Betting Tax...

Tax Notes chief correspondent Stephanie Soong recaps the latest updates from the OECD’s two-pillar project and highlights what is expected from the organization in 2025.  Listen to our previous episodes on the two pillars here: An Update on Pillar 1 Amount B Pillar 1 Amount B: Disagreements and Divides Manal Corwin Takes the Helm: Updates on the OECD Tax Reform Plan Bringing Order to Chaos? Digita...

Tony Santiago, founder and president of TaxSearch Inc., discusses the future of tax leadership and his recommendations for tax departments looking to create an effective succession plan. Listen to our previous episode on tax succession, "Paving the Way for the Next Generation of Tax Professionals." For additional coverage, read Santiago's articles in Tax Notes: Tax Department Leader...

A Tax Notes investigation unveiled how money sheltered in offshore insurance investment vehicles has eluded IRS auditors hampered by poor training and silos within the agency.   Leaked documents obtained by the International Consortium of Investigative Journalists and reviewed by Tax Notes show private placement life insurance structures — a special type of insurance available only to wealthy inve...

In an exclusive sit-down interview with Tax Notes Talk, IRS Commissioner Daniel Werfel discusses his tenure and the agency’s future with major Tax Cuts and Jobs Act provisions expiring next year. For more coverage, read the following in Tax Notes : IRS Is Well Positioned to Handle Tax Bill, Werfel Says IRS Council Calls for Public Education About Tax Noncompliance IRS to Beef Up Artificial Intelli...

Jānis Taukačs, a partner at Sorainen in Latvia, discusses the Baltic region’s tax priorities, as well as his own professional journey through the world of tax.  For other episodes from Cape Town, listen to: "From Cape Town: A Sit-Down With South Africa's Top Tax Official." "From Cape Town: Developing Tax Policy for Developing Nations." For more about the Sergei Magnitsky s...

Professor Afton Titus of the University of Cape Town explains her view on how the tax initiatives of the OECD and United Nations affect developing nations. For other episodes from Cape Town, listen to "From Cape Town: A Sit-Down With South Africa's Top Tax Official." For more coverage, read the following in Tax Notes : Trump Win Casts Shadow Over OECD Global Tax Reforms OECD Framewo...

South African Revenue Service Commissioner Edward Kieswetter discusses his tenure leading the agency and the country’s position in the modernization of the international tax system. For more coverage, read the following in Tax Notes : DSTs Could Violate Tax Treaty Obligations, U.N. Official Says EU Commission Fully Supports Permanent Pillar 2 Safe Harbor OECD Framework Discussing Permanent Pillar...

Tax Notes contributing editor Robert Goulder shares his take on the effects of the Foreign Account Tax Compliance Act and common reporting standards on the feasibility of taxing foreign assets. Listen to our previous episodes on taxing hidden assets: The Constitutionality of Penalties on Undeclared Assets America the Tax Haven? Exploring the U.S. Trade Deficit For more coverage, read the following...

Monisha Santamaria and Nick Tricarichi of KPMG discuss the scope of the latest guidance on the corporate alternative minimum tax and its impact on tax and accounting professionals. Listen to our previous episode on CAMT: Navigating New Guidance on the Corporate Alternative Minimum Tax For more coverage, read the following in Tax Notes : Exempt Orgs Get Temporary Break From Filing Corporate AMT For...

Tax Notes White House reporter Alexander Rifaat discusses the tax policies proposed by Vice President Kamala Harris and former President Trump. For more coverage, read the following in Tax Notes : Trump Proposes Tax Write-Off for Generator Purchases Trump Proffers Tax Incentives for Car Owners, Manufacturers Trump’s Plan Would Swell Deficit More Than Harris’s, Study Says No Indication Vance Will R...

Tax Notes contributing editor Robert Goulder discusses the history of foreign bank account reporting penalties and how two recent court cases could affect the FBAR regime.  For more coverage, read the following in Tax Notes : Jury Finds Professor’s FBAR Failures Willful FBAR Penalty Circuit Split Has Potential for Supreme Court Review Schwarzbaum  FBAR Penalty Dispute Results in Circuit Split Cour...

Professors Kenneth Austin and Hillel Nadler discuss the policies that they believe make the United States a tax haven, and the resulting effects on the economy. For more, read Nadler and Austin's article in Tax Notes, " America the Tax Haven and Its Trade Deficits. " Listen to more Tax Notes Talk episodes about tax havens: Bad Credit: A Look at Switzerland’s Bank Secrecy Let’s Talk...

Tax Notes contributing editor Nana Ama Sarfo discusses methane-related tax policy and how it might lead to future taxation of greenhouse gas emissions. For more on taxing greenhouse gases, listen to Is Carbon Pricing the Best Way to Mitigate Climate Change? For additional coverage, read Sarfo's analysis in Tax Notes : The Future of Carbon Taxes Could Lie in Methane Follow us on X: Nana Ama Sa...

Tax Notes contributing editor Ryan Finley breaks down the EU Court of Justice’s recent ruling that Ireland granted €13 billion of unlawful state aid to Apple and its implications for state aid analysis.  For more coverage, read the following in Tax Notes : Irish Finance Minister Defends Tax System After Apple Decision CJEU Reinstates €13 Billion State Aid Decision Against Apple Follow us on X: Rya...

Alan McLean, chair of the tax committee at Business at OECD, discusses the developments in the international business tax world during his tenure and the committee’s priorities. Listen to our episode with Will Morris, former chair of the tax committee, here: The Tax Diplomat: Reflections From Former BIAC Tax Chair For more coverage, read the following in Tax Notes : OECD Targets Country Benefits T...

Do you have questions about tax policy in the 2024 election? Submit your questions here . Steve Rosenthal of the Urban-Brookings Tax Policy Center and Don Susswein of RSM discuss how Congress should handle agency delegation following the Loper Bright decision.  For more from Rosenthal and Susswein, read the following: Congress Can Maintain IRS Rulemaking Authority What About Vague ‘Delegated’ Tax...

Do you have questions about tax policy in the 2024 election? Submit your questions here . Tax Notes Capitol Hill reporters Cady Stanton and Doug Sword assess the tax policy items on Congress’s slate this fall, from IRS funding to TCJA extenders, and the potential implications of the upcoming elections. For additional coverage, read these articles in Tax Notes : Tax Extenders Menu Heavy With Energy...

Javiera Moraga Valverde, a Chilean lawyer and U.S. law firm associate, discusses her research on how tax systems can harm women via gender-neutral tax policies and shares potential solutions. For more, read Moraga Valverde's article in Tax Notes, " Tax Policy: Is Gender Neutrality Enough? " Listen to more Tax Notes Talk episodes from our critical tax theory series: Gender Equality,...

Sarah Lora of Lewis & Clark Law School discusses the personal exemption after the Tax Cuts and Jobs Act and the implications for immigrant families with nonresident dependents. For more, read Lora's paper, " Righting Tax Wrongs for Immigrants ." Follow us on X: Robert Goulder: @RobertGoulder David Stewart: @TaxStew Tax Notes: @TaxNotes *** Credits Host: David D. Stewart Executiv...