Tax Notes Talk

Nikki Dobay, a partner with Eversheds Sutherland’s tax practice group, discusses the SALT cap workarounds for passthrough entities that many states have adopted, and possible coming developments for those policies.For additional coverage, read these articles in Tax Notes:Illinois Governor Signs Passthrough SALT Cap WorkaroundLess Expensive SALT Cap Rollbacks Still Mostly Benefit WealthyNew York Issues Guidance on SALT Cap WorkaroundSurge of SALT Workarounds Could Pose Complications for PassthroughsCalifornia Democrats Join Call to Lift SALT Deduction CapIn our “In the Pages” segment, Philip Wolf, associate at Belcher, Smolen & Van Loo LLP, chats about his new Tax Notes column, The Tax Scribe, and his first installment of the column, "Starting Strong in Tax Writing: The Opening Paragraph."**This episode is sponsored by Avalara. For more information, visit avalara.com/taxnotes.This episode is sponsored by SafeSend. For more information, visit safesend.com. ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Tax Notes Capitol Hill reporters Doug Sword and Frederic Lee examine the record-breaking budget and infrastructure legislation advancing on Capitol Hill and preview potential tax policy proposals coming this fall.For additional coverage, read these articles in Tax Notes:Will Dems Pay Full Freight on $3.5 Trillion Reconciliation Bill?International Tax Draft Offers New Details, but Major Gaps RemainHouse Passes Budget Bill; Flurry of Markups to FollowDemocrats Promise, GOP Fumes as $3.5 Trillion Package AdvancesInfrastructure Bill Heads to House for Potential Crypto ChangesWays and Means Dems Gaming Out How to Raise $3.5 TrillionCalifornia Democrats Join Call to Lift SALT Deduction CapMembers Hope SALT Caucus Is Short-Lived**This episode is sponsored by Avalara. For more information, visit avalara.com/taxnotes.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Tax Notes legal reporter Ryan Finley discusses the latest updates in recent transfer pricing cases, including Coca-Cola and Medtronic, and reviews the upcoming Amgen case.The Coca-Cola episode can be listened to here: Coca-Cola Transfer Pricing Challenge Fizzles For additional coverage, read these articles in Tax Notes:Amgen Disputes $3.6 Billion Deficiency in Transfer Pricing CaseMedtronic Doubles Down on Its Use of CUT Method in New TrialTax Court Sides With IRS in Coca-Cola Transfer Pricing CaseCiting Comparability Questions, Eighth Circuit Vacates MedtronicCourt Finds IRS Arbitrary and Capricious in Medtronic Transfer Pricing CaseIn our “In the Pages” segment, Stephen Curtis, president of Cross Border Analytics Inc., chats about his Tax Notes piece, “Apple’s Cost-Sharing Arrangement: Frankenstein’s Monster.” ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

In the second of a two-episode series, Tax Notes contributing editor Marie Sapirie interviews Shuting Pomerleau, a climate policy analyst at the Niskanen Center, about her views on a carbon tax. The first episode in the series can be listened to here: The Case Against a Carbon TaxFor additional coverage, read these articles in Tax Notes:Israel to Introduce Carbon TaxEU to Delay CBAM, ETS Own Resources ProposalsG-20 Finance Ministers Call for More Carbon Pricing CoordinationNew U.S. Position on Climate Change Doesn't Portend Carbon TaxCan a Tax Save the Planet?**This episode is sponsored by the National Society of Accountants. For more information, visit nsacct.org.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

In the first of a two-episode series, Tax Notes contributing editor Marie Sapirie interviews David Kreutzer, an economist at the Institute for Energy Research, about his views on a carbon tax. For additional coverage, read these articles in Tax Notes:Israel to Introduce Carbon TaxEU to Delay CBAM, ETS Own Resources ProposalsG-20 Finance Ministers Call for More Carbon Pricing CoordinationNew U.S. Position on Climate Change Doesn't Portend Carbon TaxCan a Tax Save the Planet?In our “In the Pages” segment, Walter Hellerstein, Distinguished Professor Emeritus at the University of Georgia Law School and chair of the Tax Notes State advisory board, chats about his Tax Notes piece, “Platforms: The Postscript.”**This episode is sponsored by the National Society of Accountants. For more information, visit nsacct.org.***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Tax Notes reporters Amanda Athanasiou and Lauren Loricchio share what they learned reporting on their recent piece, “How the Pandemic Upended Life and Work for Women in Tax,” and their personal experiences. For additional coverage, read Athanasiou's article in Tax Notes:Why Women Are Still Leaving Tax, and What to Do About It***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Tax Notes chief correspondent Stephanie Soong Johnston recaps the historic agreement reached by the majority of the OECD's inclusive framework countries on its two-pillar corporate tax reform proposal. For additional coverage, read these articles in Tax Notes:OECD Tax Chief Outlines Next Steps for Global Tax Reform DealIreland to Start Consultation on Global Tax Reform Deal SoonEU Digital Levy Delay Is Welcome News, OECD Deputy Chief SaysAmount A Plan Is a Formulary Approach Test, OECD Official SaysCountries Advance Historic Global Tax Plan With New DetailsPillar 1 of Global Tax Deal on a Slower U.S. Track, Yellen SaysBrady Skeptical of Global Tax Deal Amid EU Digital Levy PushIn our “In the Pages” segment, Lewis Greenwald, managing director with Alvarez and Marsal Taxand, chats about his Tax Notes piece, “On the Exceptional Importance of Intercompany Agreements That Can Be Readily Produced.” ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Andrew Dana, a partner with Parker Poe Adams & Bernstein LLP, discusses the Supreme Court case NCAA v. Alston; name, image, and likeness rights; and how both could affect taxation of college athletes. ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Liz Armbruester, Avalara's senior vice president of global compliance, discusses the recent EU VAT e-commerce reforms and their impact on businesses and consumers worldwide.For additional coverage, read these articles in Tax Notes:EU Assures No Further Postponement of VAT E-Commerce RulesEuropean Commission Clarifies Scope of New VAT E-Commerce RulesEuropean Commission Proposes Delaying E-Commerce VAT RulesEU Fleshes Out Anti-Fraud Measures for New VAT RegimeIn our “In the Pages” segment, Margaret Ryznar, a professor at Indiana University McKinney School of Law , chats about her upcoming Tax Notes piece, “A Tax Credit for Wills.” ***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad

Omeed Firouzi with Philadelphia Legal Assistance discusses the upcoming advance child tax credit payments and the related potential challenges for taxpayers and practitioners.For additional coverage, read these news articles and analyses in Tax Notes:What to Know About the New and Upcoming Child Tax Credit PortalsAdvance Child Credit Payment Denials Must Be Reviewed, ABA SaysIRS Planning Outreach Blitz for Nonfilers Eligible for Advance CTCPractitioners Cast Wary Eye on Periodic Advance Child CreditAdvance Child Credit Guidance and Portal Coming, IRS SaysThe Expanding Child Tax Credit and What to Watch For***CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesShowrunner and Audio Engineer: Jordan ParrishGuest Relations: Christa Goad