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Tax gap, legislative and regulatory initiatives focus of TEI's 57th Midyear Conference: new Ways & Means Chair, IRS Deputy Commissioner, and Treasury & OECD Officials Speak, FIN 48 commands attention.

Publication: Tax Executive
Publication Date: 01-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The cherry blossoms may not have been in bloom, but that did not deter the nearly 600 tax executives who gathered in Washington in March to review the latest developments in financial reporting, management techniques, and business taxation. TEI's 57th Midyear Conference, held March 19-21 at a...

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...the Grand Hyatt Hotel, included legislative update and a roundup of significant federal tax cases, as well as sessions on foreign tax credit planning, the Michigan single business tax, and IRS enforcement tools.

The registrants on Tuesday morning heard the new Democratic chairman of the House Ways and Means Committee vow to work with Republicans to set the right tone and make the last two years of the Bush Administration more productive. Noting a difference of opinion over approaches to reforming the alternative minimum tax, Congressman Charles Rangel stressed that any solution to the AMT problem must be bipartisan. "There is no question what we have to do," he said, "but whether we have the gumption...

NOTE: All illustrations and photos have been removed from this article.



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