Tax Section

  • Tax Report Work - Photo 1
    Welcome to the Tax Section The Tax Section engages in many activities, including holding semi-annual meetings and sponsoring ad hoc conferences. Our primary function, however, is to comment on proposed legislation and proposed regulatory guidance at the federal, state and local levels. We usually do this in the form of written reports.
  • Group of Women Lawyers
    Get Involved - Join a Committee or Club! Tax Section Committee and Club involvement allows tax lawyers to network, to research issues and to influence the law — all great ways to achieve professional growth.
  • Viking Hotel
    Tax Section Summer Meeting, Viking Hotel, Newport, RI June 6-June 8, 2014
  • Upcoming Events
    • Registration Now Open for Tax Section Summer Meeting

      Register Now!

      Friday, June 6 - Sunday, June 8, 2014
      Hotel Viking
      Newport, Rhode Island

      View Meeting ProgramRegistration Form and Hotel Accommodation Form
      Hotel Reservation Deadline:  May 6, 2014

      Rich in history, Newport offers a picturesque location to explore and earn valuable CLE credits.  
      Optional afternoon group activities will include a cruise of Narragansett Bay aboard the Schooner Madeleine on Saturday and a historic tour of Touro Synagogue led by Section member, James Kaplan, on Sunday.

      Saturday evening will feature a Reception and Dinner at Marble House, former summer home of  Mr. and Mrs. William K. Vanderbilt, grandson of Commodore Cornelius Vanderbilt.  Designed by Richard Morris Hunt, the home was inspired by the Petit Trianon at Versailles.

      MCLE:  7.5 credits in Professional Practice for Experienced Attorneys Only

    • April 29, 2014 18th Annual NYS and City Tax Institute, NYC

      Register now for the April 29, 2014 18th Annual NYS and City Tax Institute, NYC

      8.0 Total CLE Credits: 7.0 professional practice, 1.0 ethics.

      Tuesday, April 29, 2014
      9:00 a.m. – 5:00 p.m.

      Concierge Conference Center

      780 Third Avenue,  (Between East 48th & East 49th Streets)
      NYC

    • January 27, 2015 NYSBA Annual Meeting Tax Section meeting and CLE

      Save the Date and Check Back Here for More Information 2015 NYSBA Annual Meeting Tax Section meeting

      Tuesday, January 27, 2015 
      Meeting 9:00 a.m. – 12:00 p.m.
      Reception/Luncheon 12:00 p.m. – 2:00 p.m.
      Meeting resumes 2:15 p.m. – 4:00 p.m.


  • About the Section

    Welcome!

    The Tax Section of the New York State Bar Association is pleased to welcome Section members and visitors. Among the resources available at this site is a comprehensive listing of links relevant to the Section, and the Section's Tax Reports. View the 2013 Annual Report of the Section dated January 28, 2014 here

    Meet the Section Chair

    David H. Schnabel, Chair, Tax Section

    Mr. Schnabel is the 2014 Chair of the 2,697 member Tax Section.  He is a tax partner with Debevoise and Plimpton LLP, who focuses on merger and acquisition transactions for private equity and corporate clients.  He is also a member of the firm's management committee.

    Click here to see the Tax Section Annual Meeting Program for 2014. Next year's program will be on January 27, 2015. 

    Sign up for the listserve and receive announcements of  new reports by sending a blank (nothing in the message, no signature, disclaimer or confidentiality statement) email to join-taxlaw@lists.nysba.org to be added to the list. You must be a member to join. Questions or problems signing up contact Pat Johnson at pjohnson@nysba.org or 518.487.5688.   Thank you.

    We encourage you to get more involved with the section founded in 1949. The Executive Committee of the Tax Section is comprised of 4 Officers, at least 40 Co-Chairs of more than 20 separate tax committees, 9 At-Large Members, and 25 former Section Chairs. The Executive Committee oversees the activities of the tax committees. Any member of the Tax Section is eligible to join the tax committees. Please contact Pat Johnson if you are interested or complete and mail in the Tax Section Membership and Committee Application Brochure.

    The Tax Section engages in many activities, including testifying before Congress, holding semi-annual meetings and sponsoring ad hoc conferences. Our primary function, however, is to comment on proposed legislation and proposed regulatory guidance at the federal, state and local levels. We usually do this in the form of written reports.

    Although the Tax Section first began to prepare these reports shortly after its formation, it did not begin to number them until 1972. Since then, we have submitted over 1280 reports. To obtain a report pre-2000 please contact Pat Johnson pjohnson@nysba.org . Reports issued in 2000 to date are available on this website.

    Most of our reports comment on proposed guidance or legislation related to corporate and partnership tax, international tax, the taxation of financial instruments, debt and equity securities, employee benefits, IRS regulation of tax lawyers, and state and local tax matters.

    To maintain our high standards in the years ahead, we need you to become more involved in the Tax Section, to go beyond reading a few of our reports or attending a few of our conferences. Take the next step by joining one of our tax committees and seize the opportunity to participate in one of these working groups.

    The Tax Section hosts events to provide tax lawyers who tend to be underrepresented at the senior levels of our profession the opportunity to meet with members of the Tax Section in a relaxed atmosphere to discuss career opportunities, what life as a tax partner at a law firm is really like or just to mingle. These events "Women in the Law" and "Under 10", for attorneys who graduated from law school less than 10 years ago, also include panel presentations not only on interesting tax issues, but on topics like alternative career paths for tax lawyers or how to attain greater stature within the tax bar and best practices with clients. The section won the Section Diversity Leader Award in the 2012 NYSBA Diversity Challenge and was a  Section Diversity Champion in 2013 for these efforts. Photos of the Diversity Award and the EC Committee at work are here. 

    Mission Statement | Section Bylaws | Tax Section Reports >

    Executive Committee Roster

    Master Index of NYSBA Tax Section Reports

     

  • Committees and Clubs

    View Tax Section Reports >

    You must be a member of the Tax Section to join:

    Bankruptcy and Losses (TAX1100)
    Compliance, Practice and Procedure (TAX1300)
    Consolidated Returns (TAX1400)
    Corporations (TAX1500)
    Cross Border Capital Markets (TAX4100)
    Employee Benefits (TAX2600)
    Estates and Trusts (TAX1700)
    Financial Instruments (TAX1800)
    "Inbound" U.S. Activities of Foreign Taxpayers (TAX3700)
    Individuals (TAX2100)
    Investment Funds (TAX4200)
    New York City Taxes (TAX2400)
    New York State Taxes (Tax2500)

    "Outbound" Foreign Activities of U.S. Taxpayers (TAX2000)
    Partnerships (TAX2800)
    Pass-Through Entities (TAX2900)
    Real Property (TAX3100)
    Reorganizations (TAX3200)
    Securitizations and Structured Finance (TAX4000)
    Tax Exempt Entities (TAX3500)

    Diversity (Tax4300)


    Already a member of the NYSBA Tax Section? Join a Committee!

    Other Committees:
    contact Pat Johnson pjohnson@nysba.org 518.487.5688 for more information if you are interested in joining the following Committees:

    Cross-Border M & A
    Complexity and Administrability

    Spin Offs
    Treaties and Intergovernmental Agreements


    TAX Section Clubs

    Under Ten Club

    The section sponsors a “tax club” for members of the Tax Section with less than ten years of legal experience. We call it “Under 10.” The purpose of Under 10 is to bring together lawyers from various law firms, allow them to get to know each other better and offer an environment for learning more about current tax issues. In addition, we hope that attendees will become involved in the Tax Section and in reports prepared by the Section. We anticipate that Under 10 will meet quarterly on specific topics. If you are interested in joining the Under 10 club please contact Pat Johnson at pjohnson@nysba.org or 518.487.5688.

     The Section has formalized its “Under 10” tax club for members of the Tax Section who graduated from law school less than 10 years ago. With organizational and financial support of the Tax Section, the club operates independently from the Tax Section through its own officers and meets four times per year.  The goal of the club is to serve as a source of professional development and networking for mid-level and senior associates.

    See Under 10 bylaws here. 

    Upcoming presentation:  

    S Corps--Check back here for more information.

    Past presentations have included:

    December 5, 2013: Tax Section Professional Development and Networking Event: Under 10  "Accounting for Uncertainty in Taxes" NYC

    May 22, 2013: Tax Section Professional Development and Networking Event: Under 10  "Corporate Spin-Offs | Recent Section 355 'No-Rule' Areas" NYC

    February 27, 2013: Tax Section Professional Development and Networking Event: Under 10: "Litigation of Federal Civil Tax Controversies" NYC

    June 20, 2012: Tax Section Professional Development and Networking Event: Under 10  "The Building “Blocks” of PE Fund Structuring – The Use of Corporate Blockers in Private Equity Transactions" NYC

    February 22, 2012: Tax Section Professional Development and Networking Event: Under 10 Topics included real life attorney client privilege/work product issues encountered in IRS controversies (war stories from the front) and structuring funding through the U.S. for an acquisition of a foreign target by a foreign acquirer.  NYC


    Women in Tax Law

    This section also promotes inclusion of women by organizing programs that provide for panel discussion and networking events for women. On September 11, 2012 panelists focused on a variety of different areas of tax law, discussed career paths, attaining status in the tax community, and best practices with clients.  
    Panelists:  Kathleen Ferrell, Moderator (Partner, Davis Polk & Wardwell LLP), Kimberly Blanchard (Partner, Weil Gotshal & Manges), Carolyn Lee (Partner, Jones Day), Erika Nijenhuis (Partner, Cleary Gottlieb Steen & Hamilton LLP), Jodi Schwartz (Partner, Wachtell, Lipton, Rosen & Katz)

    On September 22, 2011, the the panel discussion and networking breakfast for women tax lawyersfeatured panelists who have worked in federal and state government, private practice, academia, and in-house, and dealth with career paths, government service, and the importance of mentors and networking. 
    Panelists: Deborah Paul, Moderator (Partner, Wachtell, Lipton, Rosen & Katz), Maria Jones (Partner, Kramer Levin Naftalis & Frankel LLP), Annalieses Kambour (Senior VP Tax, Time Warner Inc.), Karen Gilbreath Sowell (National Tax Partner, Ernst & Young)

    Comments from past Women in Tax Law participants:

    I thought overall this was a wonderful event.  I would have liked for it to be longer to allow for more Q and A opportunities. 

    Thanks for the excellent session last week.  The series has great promise. Thanks.

    I really enjoyed the opportunity to network prior to the panel speeches.  I thought this was a better idea in some ways than networking after the speeches, since afterwards, the panel speakers often get swarmed by guests and they are difficult to talk to for that reason.  By having the women talk before the panel, it was easier to get to speak to a greater number of women. 


      





  • Coming Soon!

    Coming Soon! Professional Online Private Communities

    We are pleased to announce that the Tax Section will soon offer a professional online private community—for Tax Section members only.

    NYSBA Communities offer a wide variety of options, ranging from traditional listserves to searchable directories, collaborative workspaces, member profiles and even mentoring tools.

    Stay tuned for details!