Weekly Round-Up

ITIC's 25th Anniversary!

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In early 1993, Dan Witt led a Tax Foundation mission to Moscow with Hoover Institution Senior Fellow Charles McClure and representatives of 10 American companies. The delegation met with senior officials in the Russian Federation’s Ministry of Finance and State Tax Service as they embarked on the challenge of drafting a Tax Code to support Russia’s fiscal system and the transition to a market economy following the dissolution of the Soviet Union. From that initial collaboration 25 years ago, ITIC has broadened its information sharing on best practices to 85 countries, with outreach to several new markets planned for 2018. 

We look forward to sharing insights about ITIC “then and now” and to celebrating this milestone with stakeholders worldwide throughout this 25th anniversary year.


Kazakhstan Enacts New Tax Code

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Baker McKenzie's 9 January Legal Alert highlights the new Tax Code enacted in Kazakhstan on 1 January 2018.

A summary of the most important changes introduced by the New Tax Code can be viewed here.


Uzbekistan Update

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PwC Uzbekistan released its first Tax Alert for 2018, which highlights recent changes including the unification of the Corporate Income Tax and the Infrastructure Development Tax, and a schedule of rate changes for the combined measure.


ITIC Chairman Interviewed on Fox Business

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James C. Miller, ITIC Executive Committee Chairman and Former Director of the U.S. Office of Management and Budget, recently appeared on Fox Business to discuss the expected economic impact of the recently enacted tax reform in the United States. [Full Interview]


ITIC Endorsed Event: 2018 TCPI Symposium

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Early Bird Registration Ends Next Friday (1/19)!

Registration is now open for the Tax Council Policy Institute's 19th Annual Tax Policy & Practice Symposium, Disruption and opportunity in the era of global tax transformation, which will be held on 15-16 February 2018 in Washington, DC.

See below for more information directly from TCPI.

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In an era of immense global change, tax executives are faced with an ever-evolving set of challenges -- not the least of which is issues and technical changes that are stemming from the just-completed US tax reform.

Over two days, we'll examine policy considerations, share insights, and exchange strategies for managing the potential disruption and opportunity to come.  Join your tax leader peers from around the world and more than 40 presenters from government, business, and academia to prepare yourself and your organization for the transformation of tax. Distinguished speakers confirmed for the 2018 Symposium include:

  • Barbara Angus, Chief Tax Counsel, US House of Representatives Committee on Ways and Means
  • Chip Harter, Deputy Assistant Secretary (International Tax Affairs), U.S. Department of the Treasury
  • Martin Kreienbaum, Chair, Committee on Fiscal Affairs, OECD
  • William Morris, Chair, Taxation Committee, Business at OECD (BIAC)
  • Douglas O'Donnell, Commissioner, Large Business & International (LB&I) Division, IRS
  • Peggy Smyth, Chief Financial Officer, National Grid

Critical areas to be covered include:

  • Tax reform:
  • The economic realities of reform and its impact
  • Domestic and international tax provisions and possible consequences for businesses
  • What's next
  • Changes in the global legal landscape
  • Global examination and enforcement risk
  • Adjusting to the shifting transfer pricing landscape
  • Embracing change to reinvent the tax department
  • Tax planning with the C-suite

For the most up-to-date information, including agenda and confirmed speakers, please visit our website.

Register TODAY to take advantage of the early bird discount, which ends COB next Friday (January 19th). 

For additional information, please visit www.tcpi.org

See a list of the Planning Committee members for this year's conference.