Please join the NYU Graduate Tax Program for a discussion titled “Using the Administrative Procedure Act to Challenge IRS Guidance: Why Today’s Tax Lawyers Must Also Be Administrative Law Experts” on Thursday, February 4, 2016 from 10:30 AM to 12:00 PM in Vanderbilt Hall Room 216 (40 Washington Square South). This program will highlight administrative law issues that are highly relevant for current and future tax lawyers.
Donald Korb, Of Counsel, Sullivan & Cromwell LLP, and Former IRS Chief Counsel
Professor Kristin Hickman, University of Minnesota Law School
James R. Gadwood, Associate, Sullivan & Cromwell LLP
The NYU Graduate Tax Program invites all NYU JD and Tax LLM students to join us for any or all of the following fall semester events:
STATE & LOCAL TAX CAREERS FORUM (Wed, Sept. 16th, 6-7:30 PM, VH 216). This program will address career opportunities for JD and LLM students interested in pursuing practice in the state & local taxation area. Scheduled panelists include Helen Hecht (Multistate Tax Commission), Holly Hyans (Morrison & Foerster) and Jeff Saviano (E&Y LLP). The program will be moderated by Professor Richard Pomp. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_08IlJZEv9hcxeIt
TAX CAREERS IN GOVERNMENT (Tues, Sept 22nd, 10:55-11:55 AM, VH 208). This program will feature a roundtable discussion regarding tax careers in government and public service with Professor Lily Batchelder, who has just returned to the Law School after five years of government service. Professor Batchelder served from 2010 to 2014 as the majority chief tax counsel for the US Senate Finance Committee. In 2014, she joined the White House as deputy director of the National Economic Council and deputy assistant to the President. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_dgxPv7mFTVQOAwR
WHY BEPS? (Wed, Sept 30, 6:00-9:00 PM, VH 210 & Faculty Library; Sponsored by International Fiscal Association, USA Branch – NY Region). As you may know from recent headlines, the OECD is pursuing a multi-step action plan for combating base erosion and profit shifting (BEPS) by multinational corporations. This program will provide an overview of the events that have caused the OECD to pursue the BEPS project. Panelists include Professor Willard Taylor, Professor David Rosenbloom, Manal Corwin (KPMG) and Patrick Brown. Following the panel discussion, the International Fiscal Association (IFA) will host a reception for NY-area tax practitioners and our students. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_0udBSmy17VqLpnn
OIL & GAS TAX PRACTICE (Mon, Oct 12th, 11:00 AM-12:00 PM, VH 202) Please join us for a special lunch with tax attorneys from ExxonMobil. Professor Denney Wright, who is Senior Tax Counsel, Global Training and Development at ExxonMobil, and who is teaching Oil & Gas Taxation at the Law School, will visit us from Houston. Several of Professor Wright’s colleagues will join him. During the lunch we hope to cover three topics: (1) the duties and needs of the in-house tax department of a major corporation, (2) special features of oil & gas tax practice and (3) careers in tax at ExxonMobil. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_9LZDOyueTmu41LL
20TH ANNUAL TILLINGHAST LECTURE: PASCAL SAINT-AMANS (Tues, Oct 13th, 6:00 PM, Greenberg Lounge). We are thrilled that Pascal Saint-Amans, Director of the OECD Centre for Tax Policy and Administration, will join us to deliver this year’s Tillinghast Lecture on Intellectual Taxation. The lecture is titled: “BEPS and Automatic Exchange of Information: Towards a New Architecture for International Tax Cooperation?” Given the high interest in this topic, we expect a large turnout of practitioners from the NY region. A brief reception will follow the lecture. RSVP: http://nyulaw.imodules.com/Tillinghast
AMERICAN ASSOCIATION OF ATTORNEY-CERTIFIED PUBLIC ACCOUNTANTS RECEPTION (Thurs, Oct 22nd, 6:30-8:30 PM, Faculty Library). Please join us for a reception hosted by the American Association of Attorney-Certified Public Accountants (AAA-CPA). Many members of the group are tax alumni and they are very interested in meeting our current students and faculty. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_0k5KUCNzgpS4b6l
GRADUATE TAX PROGRAM COOKIES, COCOA AND COFFEE (Tues, November 24, 11:00 AM-12:00 PM, Faculty Club, D’Agostino Hall). As we near the Thanksgiving break and the end of the fall semester, please join us for cookies, coffee and hot cocoa for tax students and tax faculty. The event will be informal (no panels or presentations) and please feel free to attend for as much or as little time as is convenient for your schedule. RSVP: https://nyu.qualtrics.com/SE/?SID=SV_1TjC6LtalcgoCnH
During the week of August 24th, we will welcome all incoming Tax LL.M. students at the following tax orientation events:
Tax Specialization Meeting (Monday, August 24th, 3:30 PM to 5:00 PM, Greenberg Lounge, 1st Floor of Vanderbilt Hall). This session will address degree requirements, course selection and the tax job market, among other topics. This session is mandatory for all full-time Tax LL.M. students.
Tax Welcome Reception (Monday, August 24th, 5:00 PM to 6:00 PM, Greenberg Lounge, 1st Floor of Vanderbilt Hall). Shortly after the tax specialization meeting, we will welcome you with a wine and cheese reception. This will also be a great opportunity for you to meet your classmates. This event is open to all Tax LL.M. students.
Tax Alumni Advising Breakfast (Tuesday, August 25th, 9:00 AM to 10:30 AM, Lipton Hall and the Faculty Club, D’Agostino Hall, 110 West 3rd Street). Recent alumni of the Graduate Tax Program will join us for a light breakfast to answer your questions and offer advice. The atmosphere will be casual, so feel free to stay for all or part of the event. This event is open to all Tax LL.M. students.
Tax Faculty Lunch (Tuesday, August 25th, 12:00 PM to 1:30 PM, Greenberg Lounge, 1st Floor of Vanderbilt Hall). At this lunch, you will have a chance to meet with the tax faculty. This event is open to full-time Tax LL.M. students only. During the academic year, you will be assigned to a faculty advisor. Many of our faculty advisors will be at the lunch.
Tax Research Workshop (Friday, August 28nd, 3:00 PM to 4:00 PM, Furman Hall Room 216). At this workshop, Professor Joshua Blank will provide an overview of helpful tax research tools that you can use as students at NYU and during your careers as practicing tax lawyers. He will also provide general advice regarding class and exam preparation. This event is open to all Tax LL.M. students. Full-time Tax LL.M. students are strongly encouraged to attend.
NYU School of Law/Amsterdam Centre for Tax Law (ACTL) Joint Conference:
Cross Border investments and other current tax issues for hedge funds, other partnerships, REITs and RICs
Thursday, April 30th
8:30 a.m. – 1:00 p.m.
NYU School of Law — Lipton Hall, D’Agostino Hall, 110 West Third Street
Please join us for a half-day conference on cross border investments and other current tax issues for hedge funds, other partnerships, REITs and RICs. This conference is a co-operation between the Graduate Tax Program of New York University School of Law and the Amsterdam Centre for Tax Law (ACTL) of the Faculty of Law of the University of Amsterdam. The schedule for the program is below.
6th Annual NYU Tax Movie Night! “Tax and Marriage” Hosted by the NYU Graduate Tax Program
Wednesday, April 15th, 6:30-9:00 PM NYU School of Law Room 204, Vanderbilt Hall, 40 Washington Square South
On Wednesday, April 15th – after you file your tax returns – please join us for the 6th Annual NYU Tax Movie Night! This year’s event is titled “Tax and Marriage.” We will screen four classic television episodes, where principal characters encounter tax issues as married couples. The episodes featured are from “The Bob Newhart Show” (1977), “The Wonder Years” (1989), “Roseanne” (1990) and “The Simpsons” (1998). Professor Lawrence Zelenak, the Pamela B. Gann Professor of Law at Duke Law School, will join us as a special guest speaker and will lead a discussion following the screening. Refreshments, including popcorn, will be served.
We should have plenty of space, but we would like to get a sense of how much food to order. To RSVP, please click here or paste the following in your browser: https://nyu.qualtrics.com/SE/?SID=SV_02E9IEq1OxjOxlH . We hope to see you there!
Please join us on Monday, March 30 from 2:00 PM to 3:30 PM in Vanderbilt Hall Room 202 for a presentation by Professor Calvin Johnson of the University of Texas School of Law titled The Shelf Project: 79 Ways to Raise Revenue by Making the Tax System Fair and More Efficient. This Shelf Project consists of proposals to help Congress when it attempts to raise revenue in the coming years. The full inventory of shelf projects can be accessed here.
On Friday, October 3rd from 9:00 AM to 4:00 PM, at NYU School of Law, the Fourth Annual NYU/UCLA Tax Policy Symposium will address Thomas Piketty’s groundbreaking and best-selling book, Capital in the Twenty-First Century. The day-long event will consist of five panels featuring leading scholars who will analyze the book from economic, legal, historical, political science and philosophical perspectives. Thomas Piketty will participate in the discussion and deliver responses to each of the papers presented.
Confirmed panels and paper presentations are:
• Wojciech Kopczuk, Columbia University; moderated by David Kamin, NYU School of Law
• Joseph Bankman, Stanford Law School, and Daniel Shaviro, NYU School of Law; moderated by Eric Zolt, UCLA School of Law
• Gregory Clark, UC-Davis; moderated by Joshua Blank, NYU School of Law
• Suzanne Mettler, Cornell; moderated by Jason Oh, UCLA School of Law
• Liam Murphy, NYU School of Law; moderated by Kirk Stark, UCLA School of Law
All papers will be published in the Tax Law Review in 2015.
Due to the anticipated high interest in this event, participation will be limited to NYU Law and UCLA School of Law faculty, students and invited guests. An invitation and registration information will be e-mailed shortly.
The NYU/UCLA Tax Policy Symposium hosted by NYU School of Law and UCLA School of Law is a joint annual conference focusing on tax policy issues from both a legal and economic perspective. It provides a forum in which leading scholars, policymakers, and practitioners can analyze complex tax policy questions and options for reform, and brings together members of both NYU Law’s tax law faculty and UCLA Law’s business law and policy program. It builds on tax policy symposia that have historically been hosted by the Tax Law Review, the premier law school journal for tax policy scholarship, and the UCLA Colloquium on Tax Policy and Public Finance, started in 2004. Financial support for this conference is provided by NYU School of Law and the Lowell Milken Institute of Business Law and Policy, UCLA School of Law.
Please join us on Monday, September 22nd from 6:30 PM to 8:00 PM in Vanderbilt Hall Room 220 for an address by Jason Furman, Chairman of the Council of Economic Advisers at the White House, titled Business Tax Reform and Economic Growth.
Prior to his current role, Jason Furman served as Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council. From 2007 to 2008, Furman was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institute. Previously, he served as a Staff Economist at the Council of Economic Advisers, a Special Assistant to the President for Economic Policy at the National Economic Council under President Clinton and Senior Adviser to the Chief Economist and Senior Vice President of the World Bank. Furman was the Economic Policy Director for Obama for America.
Following the address, we will also save time for a question-and-answer session. Professor David Kamin, NYU School of Law, will moderate the discussion.
Please join us on Monday, April 28th from 6:00 PM to 7:30 PM for a public lecture by Martin Sullivan, titled “Tax Reform 2017: Incremental or Fundamental?” The event will take place in Vanderbilt Hall Room 204, 40 Washington Square South.
Martin Sullivan is the chief economist of Tax Analysts (publisher of Tax Notes) and is a leading expert on federal tax reform. He is a contributing editor for Tax Analysts’ daily and weekly publications. Sullivan has written over 500 economic analyses for Tax Analysts and is the author of two books on tax reform, including the recent Corporate Tax Reform: Taxing Profits in the 21st Century. He is also a regular contributor to Tax Analysts’ blog and Forbes.com. He has testified before Congress on numerous occasions. Previously, Sullivan taught economics at Rutgers University and served as a staff economist at the U.S. Department of the Treasury and later at the congressional Joint Committee on Taxation. Sullivan graduated magna cum laude from Harvard College and received a PhD in economics from Northwestern University.
Unfortunately, as a result of expected inclement weather, this event will be POSTPONED until Thursday, May 8th at 7:15 AM. We hope you can join us on the new date (when the weather will hopefully be more cooperative). Details are below.
On Thursday, May 8th from 7:15 AM to 8:30 AM, the Graduate Tax Program will host its first James S. Eustice Memorial Fun Run in Hudson River Park.
Professor James S. Eustice was a legendary tax scholar and lawyer, who served on the faculty of NYU School of Law for several decades, most recently as the Gerald L. Wallace Professor of Taxation Emeritus. Professor Eustice passed away in 2011. Professor Eustice’s treatise, Federal Income Taxation of Corporations and Shareholders, co-authored with Professor Boris Bittker of Yale Law School, has long been viewed as the authoritative work on the subject, and has been widely cited by the Supreme Court and used by tax academics and practitioners regularly. In addition, Professor Eustice was an avid runner and he participated in dozens of marathons.
In honor of the arrival of spring and Professor Eustice, we hope you will join us for a fun, 3-mile run along the Hudson River. The event will be very casual – so please join us whether you run, jog or speedwalk. Members of the tax faculty, including Professors Kamin, Steines, Speck and Blank will participate. Here are the key details:
WHAT: James S. Eustice Memorial Fun Run
WHEN: **NEW DATE** Thursday, May 8th, 7:15 AM – 8:30 AM
WHERE: Please gather along the Hudson River at West 12th Street and West Street. Shortly after 7:15 AM, we will run from this point downtown to Stuyvesant High School and then we will return back uptown to West 12th Street. The total distance is approximately 3 miles. After the run, we will have bagels and light refreshments.
Please join us for a discussion of Professor Daniel Shaviro’s current book, Fixing U.S. International Taxation(Oxford University Press, 2014).
Following a presentation by Professor Shaviro of key themes from the book, leading experts in the field will offer commentary. We are thrilled that Martin Sullivan, Chief Economist at Tax Analysts (publisher of Tax Notes), and Professor Itai Grinberg, Georgetown University Law Center, will join us. We will also save time for a question-and-answer session with the audience.
A brief description of Fixing U.S. International Taxation is below:
“International tax rules, which determine how countries tax cross-border investment, are increasingly important with the rise of globalization, but the modern U.S. rules, even more than those in most other countries, are widely recognized as dysfunctional. The existing debate over how to reform the U.S. tax rules is stuck in a sterile dialectic, in which ostensibly the only permissible choices are worldwide or residence-based taxation of U.S. companies with the allowance of foreign tax credits, versus outright exemption of the companies’ foreign source income. In Fixing U.S. International Taxation, Daniel N. Shaviro explains why neither of these solutions addresses the fundamental problem at hand, and he proposes a new reformulation of the existing framework from first principles. He shows that existing international tax policy frameworks are misguided insofar as they treat “double taxation” and “double non-taxation” as the key issues, conflate the distinct questions of what tax rate to impose on foreign source income and how to treat foreign taxes, and use simplistic single-bullet global welfare norms in lieu of a comprehensive analysis. Drawing on tools that are familiar from public economics and trade policy, but that have been under-utilized in the international tax realm, Shaviro offers a better analysis that not only reshapes our understanding of the underlying issues, but might point the way to substantially improving the prevailing rules, both in the U.S. and around the world.” The book is available on Amazon here .
We hope that you will join us for what promises to be an illuminating discussion. Light refreshments will be served. The event will be held on Monday, April 28th, 12:30 PM to 1:50 PM in Vanderbilt Hall Room 220, 40 Washington Square South.
Please join us for the 5th Annual NYU Tax Movie Night! This year’s event is titled “Tax and City.” We will screen four classic television episodes, where characters encounter tax issues while living in New York City during the “Mad Men” era. The episodes featured are from “The Dick Van Dyke Show” (1965), “Occasional Wife” (1966), “That Girl” (1969) and “The Odd Couple” (1973). Professor Lawrence Zelenak from Duke Law School will join us as a special guest speaker and will lead a discussion following the screening. Refreshments, including popcorn, will be served.
The NYU Journal of Law & Business and the NYU Graduate Tax Program cordially invite you to participate in a half-day symposium titled “Tax and Corporate Social Responsibility” on Tuesday, March 25, 2014 from 9:00 a.m. to 12:30 p.m. in Lipton Hall, D’Agostino Hall, NYU School of Law, located at 108 West Third Street.
From the enactment of the corporate excise tax in 1909 to the present, the corporate tax in the United States has generated intense debate. Topics at the center of this debate have ranged from the fundamental purpose of the tax to moral obligations of corporations to pay tax to tax transparency and accountability. This half-day symposium will continue the discussion by addressing two questions: Should corporations pay tax? And should corporate tax returns be public? Each panel will feature leading tax and corporate law scholars and distinguished practitioners. Participation from the audience in the discussion will be encouraged.
This program is free of charge and will offer attendees 3 credits of CLE in the Area of Professional Practice.
On WEDNESDAY, MARCH 12th from 12:30 to 1:30 PM in VANDERBILT HALL 202, the Graduate Tax Program will host a meeting for all J.D. students interested in learning about the J.D./LL.M in Taxation program and related scholarship opportunities.
At the meeting, we will discuss the following:
J.D./LL.M. IN TAXATION: Current NYU J.D. students can receive up to 12 credits of LL.M. advanced standing for certain tax courses taken at NYU School of Law and may qualify to obtain a Tax LL.M. with only one additional full-time semester of post-J.D. study. NOTE: For 3Ls who may be interested in this program, THE DEADLINE TO APPLY IS TUESDAY, APRIL 1, 2014.
TAX POLICY FELLOWSHIP: A small number of 3L J.D./LL.M. in Taxation candidates will be selected to spend up to six months as interns at the U.S. Department of the Treasury or the Staff of the Joint Committee on Taxation during Summer 2014 and Fall 2014. A stipend is available, absent outside funding. The fellows will complete the LL.M. in Taxation during the Spring 2015 semester and may receive a scholarship for their semester as LL.M. students.
TAX LAW REVIEW SCHOLARSHIP: The Tax Law Review (TLR), the premier law school journal for tax policy scholarship, often awards a one-half tuition, merit-based scholarship to a J.D./LL.M. student. The winners of the TLR Scholarships serve as student editors, who do cite checking, proofreading, etc. This involves a commitment of approximately 15 hours a week. Students who are eligible to apply are current 2Ls interested in the J.D./LL.M. in Taxation program. A student must have completed Income Taxation and priority will be given to a student who has taken an additional tax course(s).
We will explain all of these opportunities in more detail and answer your questions at the meeting on Wednesday, March 12th at 12:30 PM in Vanderbilt Hall Room 202. If you are unable to attend, please feel free to direct any questions to John Stephens, Director of the Graduate Tax Program, or Professor Joshua Blank, Faculty Director of the Graduate Tax Program.
On Tuesday, February 11th, from 12:30 PM to 1:30 PM in Snow Dining Room, William McRae (LL.M. ’02) will be the first guest speaker of Spring 2014 for the Graduate Tax Program Lunch Series.
William McRae is a Partner in the Tax Group at Cleary in New York. His practice focuses on U.S. federal income tax matters, including the taxation of financial products, corporate transactions and international mergers and acquisitions. Mr. McRae is a member of the Bar of New York, and the New York State Bar Association, where he serves on the Tax Section Executive Committee. He regularly speaks on tax matters at conferences, and has published several articles on tax matters, including “Financial Modeling from the Bench: Bank One and the Internal Revenue Service’s Attempt to Fix the Consequences,” Journal of Taxation and Regulation of Financial Institutions, Nov/Dec 2003, Vol. 17, No 2; “Character and Timing Rules in the Proposed Contingent Swap Regulations: First, Do No Harm,” Journal of Taxation and Regulation of Financial Institutions, March/April 2005, Vol. 18, No 4; “Contingent Interest Convertible Bonds and The Economic Accrual Regime”, “Everything I Know About New Financial Products I Learned from DECS” (published by the Practising Law Institute).
If you are a current NYU student and are interested in participating, please e-mail Hannah Olson.
On Tuesday, October 22nd from 2:00 PM to 4:00 PM in Vanderbilt Hall Room 206, please join us for a discussion with Zach Carter (Huffington Post), Jia Lynn Yang (Washington Post) and Reihan Salam (National Review), three reporters who cover tax stories. The panel will discuss what makes a great “tax story”, the sources of information for tax stories, why certain tax issues are often misreported in the press and, of course, tax issues in the ongoing budget debate. Professor Erin Scharff will moderate the discussion. To RSVP please click here.
Congratulations to Orly Mazur LL.M. ’13, the winner of the 2013 David F. Bradford Memorial Prize for Best Paper in Taxation. The Bradford Prize is dedicated to the memory of David F. Bradford, who taught at Princeton University and NYU School of Law.
Orly’s paper is titled “Taxing the Cloud”. A brief abstract of the paper follows:
After decades of expanding worldwide, companies have now reached the clouds. The cloud represents a new method of using information technology resources that may forever change how we use our computers and the Internet. Instead of purchasing or downloading software, we can now use the Internet to access software and other fundamental computing resources located on remote computer networks operated by third parties. These transactions offer companies lower operating costs, increased scalability and improved reliability, but also give rise to a host of international tax issues. Despite the rapid growth and prevalent use of cloud computing, U.S. taxation of international cloud computing transactions has yet to receive significant scholarly attention. This Article seeks to fill that void by analyzing the U.S. tax implications of operating in the cloud. Such an analysis shows that the technological advances associated with the cloud put pressure on traditional U.S. federal income tax principles, which creates uncertainty, compliance burdens and liability risks for companies and a potential loss of revenue for the government. In light of these problems, federal attention is warranted to clarify how U.S. federal income tax principles apply to businesses operating in the cloud. Thus, this Article proposes that Congress and Treasury issue guidance that clearly addresses the U.S. tax implications of international cloud computing services. Specifically, Congress should issue new statutory guidance to clarify the characterization, source, and taxation of global cloud computing transactions and collaborate with other countries to achieve international consensus on these issues. Together these changes will ensure that the United States appropriately taxes the cloud and does so in a manner that minimizes double taxation and promotes efficiency, equity and administrative simplicity.
Please join us next Monday, April 22 from 12:30-1:30 PM in Furman Hall Room 324 for the next installment in our Pathways to Tax Reform Series. Next week’s session is titled “The Future of Pass-Through Entity Taxation: A Discussion of the Ways & Means Committee Proposals.” In March 2013, the House Ways and Means Committee released a discussion draft of proposals that would make fundamental changes to the way that partnerships and S-corporations are taxed. If enacted, these provisions would take effect in 2014. These proposals may play an important role as the discussion of business tax reform progresses in DC. In this one-hour session, Professors Willard Taylor (NYU, Sullivan & Cromwell LLP) and John Steines (NYU)will provide an overview of the proposals and will moderate a group discussion. In addition, Mark Warren and Harold Hancock (House Ways & Means Committee) will provide commentary by phone. To help you prepare for the event, we have attached an outline, which describes the proposed legislation.
Thurs., April 4th, 7:00-9:00 PM, Faculty Library, 3rd Floor of Vanderbilt Hall
The New York Region of the Federal Bar Association Section on Taxation invites you to attend a discussion on recent developments in tax controversy. The presentation will include a discussion on recent court opinions on economic substance, debt-versus-equity, expert witness testimony, and discovery. The discussion will be followed by light refreshments. The primary speakers at the event will be Brian Power, Mayer Brown LLP and Elizabeth McGee, Shearman & Sterling LLP. Please RSVP to Erin Rodgers at firstname.lastname@example.org .
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