Tax Notes Talk

Tax Notes contributing editor Nana Ama Sarfo discusses how lawmakers across the globe are looking to taxes to address problems with fast fashion.

For additional coverage, read Sarfo's analysis for free in Tax Notes: "The Tax Man Comes for Fast Fashion."

Follow us on Twitter:

• Nana Ama Sarfo: @nanaama_sarfo
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the FRA Private Investment Fund Tax & Accounting Forum. For more information, visit fraconferences.com/pif.

This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the Tax Attorney Recruiting Event. For more information, visit the-tare.com.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Sanessa Griffiths of Skadden, Arps, Slate, Meagher & Flom LLP discusses the lack of diversity in the tax bar and recommends ways to fix it.

For more, read Griffiths et al's article, "Diversity in the Tax Bar — Reflections on Lessons Learned and the Path Forward."

For the report mentioned in the intro, visit "Goal III Report 2022."

Listen to more Tax Notes Talk episodes from our critical tax theory series:

• Race-Based Poll Taxes and 20th-Century Discrimination
• Examining Treasury’s Review of Racial Bias in the U.S. Tax Code
• Is IRS Tax Enforcement Colorblind?
• State Tax Authority and Native Americans: Complex and Convoluted
• Wealth, Inequality, and Taxes in the U.S.
• Feminism and the Tax Code
• Taxes and the LGBTQ Community
• Addressing Racial Inequity in State and Local Tax Policy
• The Tax Code and Economic Justice in America
• How Racial Diversity Shaped U.S. International Tax Policy

Follow us on Twitter:

• Caitlin Mullaney: @MullaneyWrites
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the FRA Private Investment Fund Tax & Accounting Forum. For more information, visit fraconferences.com/pif.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Mike Resnick of Eversheds Sutherland discusses the effects on taxpayers of the corporate alternative minimum tax and its recently released guidance.

For additional coverage, read these articles in Tax Notes:

• Proposed Regs for Corporate AMT Will Address Partnership Shares
• Corporate AMT Consolidation Rules Flow From Tax Principles
• Financial Firm Highlights Potential for Corporate AMT Distortion
• Treasury Official Explains Confusing Rule in Corporate AMT Notice
• Corporate AMT Depreciation Tweaks Unsurprising but Welcome
• Guidance Fills In Some Blanks on Corporate AMT

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the Tax Attorney Recruiting Event. For more information, visit the-tare.com.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

In the second of a two-episode series, Tim Jacobs of Hunton Andrews Kurth continues his discussion of the energy credits enacted in the Inflation Reduction Act and the proposed regulations.

Listen to the first part of this series: IRA Energy Credits, Part 1: History and Early Guidance

For additional coverage, read these articles in Tax Notes:

• Grouping Rule Could Be Added to Clean Energy Prefiling Process
• Energy Department Opens Portal for Low-Income Bonus Energy Credit
• Analysis: Apprentices and Emergency Repairs
• Analysis: For U.S. Territories, IRA Credits Remain a Complicated Question
• Analysis: Proposed Labor Requirement Regs Contain Few Surprises

In our “Editors’ Corner” segment, Michael Semes, professor of practice in the graduate tax program at the Charles Widger School of Law at Villanova University and of counsel at BakerHostetler, chats about his coauthored Tax Notes piece, “ADP Certiorari Denial Increases SaaS Uncertainty.” 

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of Cincinnati. For more information, visit online.uc.edu/taxation.

This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

In the first of a two-episode series, Tim Jacobs of Hunton Andrews Kurth discusses the energy credits enacted in the Inflation Reduction Act and the major pieces of guidance released so far. 

Listen to our other episodes on the tax-related provisions in the Inflation Reduction Act:

• The New Excise Tax on Corporate Stock Buybacks
• U.S. Tax Provisions Driving the Fight Against Climate Change
• $80 Billion in New Funding: What’s Next for the IRS?
• Analyzing the Corporate Alternative Minimum Tax

For additional coverage, read these articles in Tax Notes:

• Analysis: Apprentices and Emergency Repairs
• Analysis: For U.S. Territories, IRA Credits Remain a Complicated Question
• Analysis: Proposed Labor Requirement Regs Contain Few Surprises

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

**
This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the University of Cincinnati. For more information, visit online.uc.edu/taxation.

This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Tax Notes reporter Elodie Lamer discusses the Business for Europe: Framework for Income Taxation (BEFIT) initiative, the European Commission’s latest plan to harmonize and streamline certain aspects of corporate taxation.

For additional coverage, read these articles in Tax Notes:

• Analysis: BEFIT for Europe: Must We Do This Again?
• Global Developments Both Helped and Constrained EU’s BEFIT
• European Commission Draws Lessons From Past Failures With BEFIT
• BEFIT to Apply to Pillar 2 Groups, Align Transfer Pricing Rules
• EU Businesses Want More Involvement in BEFIT Preparations

Follow us on Twitter:

• Elodie Lamer: @ElodieLamer
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the University of Cincinnati. For more information, visit online.uc.edu/taxation.

This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Professor Jeremy Bearer-Friend of the George Washington University Law School discusses poll taxes in the 20th century and how they were used to target taxpayers based on race and ethnicity.

For more, read Bearer-Friend's article, "Race-Based Tax Weapons."

Listen to more Tax Notes Talk episodes from our critical tax theory series:

• Examining Treasury’s Review of Racial Bias in the U.S. Tax Code
• Is IRS Tax Enforcement Colorblind?
• State Tax Authority and Native Americans: Complex and Convoluted
• Wealth, Inequality, and Taxes in the U.S.
• Feminism and the Tax Code
• Taxes and the LGBTQ Community
• Addressing Racial Inequity in State and Local Tax Policy
• The Tax Code and Economic Justice in America
• How Racial Diversity Shaped U.S. International Tax Policy

Follow us on Twitter:

• Joe Thorndike: @jthorndike
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

**
This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

This episode is sponsored by the University of Cincinnati. For more information, visit online.uc.edu/taxation.

This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Robert Kerr, formerly with the IRS and now with Kerr Consulting, discusses latest developments from the IRS, including the tax agency’s plans for a government shutdown and its handling of the employee retention credit.

For additional coverage, read these articles in Tax Notes:

• Looming Shutdown Threatens to Derail IRS’s Progress
• IRS Isn’t Shutdown-Proof After All
• IRS to Scale Back EITC Audits, Citing Racial Disparities
• NTEU: IRS’s Push to Hire 3,700 Auditors Is Doable but Difficult
• IRS Floats Adding Partnerships to Prefiling Compliance Program
• IRS Hopes to Sic 3,700 New Revenue Agents on Big Businesses
• IRS Halts ERC Claims Processing Amid ‘Tsunami’ of Fraud

Follow us on Twitter:

• Jonathan Curry: @jtcurry005
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Garrett Brodeur, a tax attorney based in Washington, D.C., discusses the recently released proposed regulations for the cryptocurrency industry and their potential effect on digital asset transactions.

For additional coverage, read these articles in Tax Notes:

• Tax Pros Wary of Overly Inclusive Crypto Reporting Regs
• Decentralized Exchanges Considered Brokers Under Proposed Regs
• Proposed Regs Provide Guidance on Digital Asset Sales and Exchanges

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

**
This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart

Tax Notes reporter Andrew Velarde discusses the latest developments on the final regulations for claiming foreign tax credits, including the IRS’s decision to delay implementation and the tax community’s response.

For more on the foreign tax credits, listen to "The Final Foreign Tax Credit Rules: Complaints and Confusion."

For additional coverage, read these articles in Tax Notes:

• IRS Says It Anticipates Extending FTC Relief Notice Another Year
• Treasury to Publish FTC Guidance on Pillar 2 Taxes by Year-End
• GOP Taxwriters to Air Grievances to OECD Leaders in Europe
• Silicon Valley Asks IRS to Extend Foreign Tax Credit Relief
• Johnson & Johnson Sees $500 Million Tax Benefit From FTC Reg Delay
• IRS Offers Temporary Relief From Foreign Tax Credit Rules

In our “Editors’ Corner” segment, Christopher Moran, counsel at Venable LLP in Baltimore, chats about his coauthored Tax Notes piece, “Proposed Energy Credit Regulations Limit Clean Energy Investment.” 

Follow us on Twitter:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

**
This episode is sponsored by Practising Law Institute. For more information, visit pli.edu/taxstrategies23.

***
Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes
Guest Relations: Alexis Hart