Tax Notes Talk

Tax Notes reporters Cady Stanton and Michael Smith discuss the recently passed U.S.-Chile tax treaty and the importance of tax treaties on both a national and international scale.

For additional coverage, read these articles in Tax Notes:

• Chile-U.S. Tax Treaty Gets Senate Approval, Heads to White House
• Senate Scheduled to Vote on Chile-U.S. Tax Treaty
• Treasury's Treaty Approach Seeks to Avoid Future Complications

In our “Editors’ Corner” segment, George Jackson, a professor of management, business, and economics at Virginia Wesleyan University, chats about his Tax Notes piece, “Early History of the Deduction for Interest Paid.” 

Follow us on Twitter:

• Cady Stanton: @Cady_Stanton
• Michael Smith: @TaxesMichael
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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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

Steve Rosenthal of the Urban-Brookings Tax Policy Center reviews the GOP tax package approved by the House Ways and Means Committee, specifically the proposed individual and business tax cuts.

For additional coverage, read these articles in Tax Notes:

• House Tax Bill Racing Toward Floor Vote but Has a SALT Problem
• Ways and Means GOP Votes to Advance Tax Package
• GOP Introduces Tax Package to Kick Off Tax Bill Negotiations
• House Tax Bill to Focus on TCJA Extensions

Follow us on Twitter:

• Cady Stanton: @cady_stanton
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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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

Scott Peterson of Avalara discusses the South Dakota v. Wayfair decision, including how companies and states are faring five years later and what could be next with sales tax nexus.

For additional coverage, read these articles in Tax Notes:

• Quad Graphics Urges Supreme Court to Take Up Sales Tax Appeal
• South Dakota’s Deb Peters Discusses Wayfair Five Years Later
• No Need to Hear Sales Tax Dispute, North Carolina Tells SCOTUS
• Halstead Bead Asks Fifth Circuit for Relief From Louisiana's Tax System
• North Carolina Institute Urges SCOTUS to Hear Sales Tax Dispute
• Arizona Lawmakers Consider Sales Tax Simplification Bill
• Panelists: Post-Wayfair Nexus Thresholds, Retroactive Application Still Unresolved

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

Tax Notes reporter Alexander Rifaat discusses the tax implications of the recently passed debt ceiling bill and gentleman’s agreement over IRS funding.

For additional coverage, read these articles in Tax Notes:

• Biden Signs Debt Ceiling Bill Into Law
• Senate Approves Debt Limit Deal, IRS Clawbacks
• Freedom Caucus Voices Opposition to Debt Ceiling Agreement

Follow us on Twitter:

• Alex Rifaat: @alexrifaat
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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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 Analysts’ chief economist Martin Sullivan provides an overview of the state of the economy and how the recent debt limit bill could affect it.

For additional coverage, read these articles in Tax Notes:

• House Sends Debt Limit Bill, IRS Cuts to Senate
• Did the Pandemic Help or Hurt the Economy?

Follow us on Twitter:

• Marty Sullivan: @M_SullivanTax
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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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

Former IRS Commissioner David Kautter, now with RSM, discusses the recently released report on the feasibility of an IRS-run direct file program.

For additional coverage, read these articles in Tax Notes:

• Free Direct-File Pilot Will Launch Next Year, IRS Says
• Report of Free File Prototype Irks Top Senate Finance Republican
• Use of Free File Service Dropped This Filing Season, TIGTA Finds
• Will Free File Alliance Survive Competition From the IRS?

Follow us on Twitter:

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

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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 Andrea Muse provides an update on the state and federal lawsuits challenging Maryland’s digital advertising tax. 

Listen to our previous episodes on this:

• The Fight Over Maryland’s Digital Advertising Tax, Part 1
• The Fight Over Maryland’s Digital Advertising Tax, Part 2

For additional coverage, read these articles in Tax Notes:

• Maryland High Court Hands State Victory in Digital Ad Tax Suit
• Maryland High Court Focuses on Exhaustion of Remedies in Digital Ad Tax Suit
• Maryland Urges State High Court to Uphold Digital Ad Tax
• Comcast, Verizon Respond to Professors in Maryland Digital Ad Tax Suit
• Digital Ad Tax Unconstitutional, Companies Tell Maryland Supreme Court
• Fourth Circuit Urged to Allow Federal Digital Ad Tax Suit to Proceed
• Maryland Urges Fourth Circuit to Reject Digital Ad Tax Suit

Follow us on Twitter:

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

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

Professors Bridget Crawford and Victoria Haneman discuss the estate and gift tax and how it could apply to the gifts received by Supreme Court Justice Clarence Thomas.

For additional coverage, read these articles in Tax Notes:

• Harlan Crow Dodges Wyden Request for Details on Thomas Gifts
• Wyden May Pursue Harlan Crow’s Tax Records
• Wyden Asks Harlan Crow for Details of Gifts to Thomas

In our “Editors’ Corner” segment, Ellen Aprill, the John E. Anderson Professor of Tax Law Emerita at Loyola Marymount University’s Loyola Law School, chats about her Tax Notes piece, “Reviewing For-Profit Philanthropy and the 1969 Tax Reform Act.” 

Follow us on Twitter:

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

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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 penalty dispute in Farhy v. Commissioner and the case’s implications for other penalties and future refund decisions.

For additional coverage, read these articles in Tax Notes:

• In Farhy’s Wake, Taxpayer Advocate Renews Call for Penalty Change
• Fallout From Farhy on Assessable Penalties Could Be Extensive
• IRS Lacks Assessment Authority for Information Return Penalties
• Information Return Penalty Assessment Controversy Still Swirls
• Information Return Penalty Assessment Fight Coming to a Head

Follow us on Twitter:

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

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

Professor Kathleen Claussen of Georgetown Law discusses how the proposed regs for the new clean vehicle tax credit affect the EU and other countries without a free trade agreement.

For additional coverage, read these articles in Tax Notes:

• Volkswagen EV Gains Tax Credit Eligibility
• Treasury Balancing Act on EV Tax Credits Leaves Open Questions
• Taxwriters Criticize Trade Rep on EV Tax Credit Transparency
• EU and U.S. Draw Closer to Energy Tax Credit Deal
• EU Steps Up Its Efforts to Match U.S. Inflation Reduction Act

Follow us on Twitter:

• Sarah Paez: @PaezWrites
• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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