| Tax Reform Task Force |
TEI Submits Comments to the Treasury and IRS regarding Proposed Regulations under Section 965
On October 9th, TEI submitted comments to the Treasury and IRS regarding proposed regulations promulgated under the transition tax imposed by section 965, as amended by the Tax Cuts & Jobs Act enacted in 2017.
TEI Comments on Proposed Bonus Depreciation Regulations Under Section 168(k)
On October 9, 2018, TEI submitted responsive comments and recommendations to the Internal Revenue Service concerning the new proposed regulations under section 168(k) of the Code, which was amended by Public Law 115-97 on December 22, 2017. TEI’s comments, which are reprinted below, were developed by a cross-industry working group of Federal Tax Committee and Tax Reform Task Force members under the leadership of Colleen C. Brown, Julia Lagun, and John P. Orr Jr. Watson M. McLeish, Tax Counsel for the Institute, coordinated the preparation of TEI’s comments.
TEI Comments on Corporate Tax Reform Implementation Issues and Guidance Priorities
In April 2018, the Institute's legal staff worked with a diverse, cross-industry group of senior Federal Tax Committee and Tax Reform Task Force members to distill a responsive list of corporate tax guidance priorities in the wake of comprehensive tax reform.
TEI Alerts Congress to Unintended Consequences of Retaining Corporate AMT in Tax Reform
During the first week of December 2017, a cross-industry group of senior Tax Reform Task Force members coalesced to alert the Congress to several likely unintended consequences of retaining the corporate alternative minimum tax under H.R. 1, the Tax Cuts and Jobs Act.
TAX REFORM TASK FORCE COMMITTEE
The Tax Reform Task Force was formed in 2006 to review the recommendations in the Report of the President’s Advisory Panel on Federal Tax Reform and develop TEI’s related advocacy strategy. The Task Force plays a continuing role with respect to the reforms enacted in Public Law 115-97, informally known as the Tax Cuts and Jobs Act, and the administrative guidance promulgated thereunder. The Task Force is responsible for developing and coordinating TEI’s advocacy efforts in this area in consultation with the Institute’s standing committees.