Sections & Committees

Tax Section

GLOBAL LAW WEEK 
MONDAY, JUNE 11, 2018 - WEDNESDAY, JUNE 13, 2018

The New York State Bar Association, International Section, organizes a biennial event called Global Law Week. The week features three days of high quality international law continuing legal education (“CLE”) programming at leading New York law firms. Join and network with your peers and other international lawyers in a series of programs designed to facilitate networking and deepen your knowledge about current international law issues. 

In addition to the law firm hosted CLE panels, the second half of Global Law Week features a two-day mandatory continuing legal education (“MCLE”) “International Bridge the Gap” program designed to introduce recently-admitted attorneys to inter-national practice.  Offering 16 MCLE credits, including 3 ethics credits, the “International Bridge the Gap” program features a highly qualified and robust faculty with deep experience in international law. If you or other colleagues are considering focusing your career on international practice, the program should not be missed.

View the full program brochure here. 

Register directly with the host firm's RSVP contact.


INTERNATIONAL BRIDGING THE GAP
THURSDAY, JUNE 14, 2018 - FRIDAY, JUNE 15, 2018
NEW YORK, NEW YORK 

Global Law Week 2015


BRIDGING THE GAP

Have you started an international legal career or are you interested in expanding your skill set to include international law? It can be challenging to develop the knowledge and experience necessary to represent clients in international legal affairs, such as cross-border mergers and acquisitions, international litigation and arbitration, and international corporate law. In the increasingly globalized and interconnected world, legal work often requires a multidisciplinary, cross-border approach. Issues may be complex and varied, and it often takes years to learn about the many aspects of international practice.

Organized by the New York State Bar Association, International Section (“NYSBA International”), this course covers critical aspects of international law for those entering or practicing in this diverse and complex area. Join a distinguished and experienced NYSBA International faculty and learn about the fundamental underlying areas of cross-border practice and other critical aspects of international law, and receive sixteen (16) MCLE credits, including three (3) ethics credits.

View the full program brochure here.

Register Here

Sponsored by the Committee on Continuing Legal Education and the International Section of the New York State Bar Association and Fordham University School of Law.

June 14-15, 2018
Thursday: 9:00 a.m. - 6:30 p.m.
Friday: 9:00 a.m. - 5:05 p.m.
Live CLE Program 

Fordham University School of Law
150 W 62nd Street
New York, NY 10023

16.0 MCLE Credits: 6.0 Skills, 3.0 Ethics, 7.0 Areas of Professional Practice

NYSBA Member: $420 | Non-Member: $695

International Section Member: $295


Learn More About International Bridging the Gap
View the full program brochure here.

Agenda Topics

Day 1 - Thursday, June 14, 2018

  • Framework of International Practice, Parts One and Two
  • Cross-Border M&A: Buying and Selling Companies Around the World
  • International IP: Copyrights, Trademarks and Patents
  • International Employment Law
  • International Tax
  • Marketing and Distribution in the U.S. and Around the World
  • Immigration Law
  • Business and Human Rights: The UN Guiding Principles

Day 2 - Friday, June 15, 2018

  • International Corporate Compliance
  • International Litigation Basics
  • International Arbitration
  • International Bankruptcy Basics
  • Cross-Border Data Protection and Cyber-security
  • Introduction to Cross-Border Estate Planning
  • Ethics in the International Practice of Law

Program Chair
Neil A. Quartaro, Esq. | Watson Farley & Williams LLP

NYSBA Member: $420
International Section Member: $295
Fordham Law School Faculty: $295
Non-Member: $695


Newly Admitted Attorneys: To receive skills credit, newly admitted attorneys must take accredited transitional CLE courses in traditional live classroom settings that have been approved by the CLE Board for use by newly admitted attorneys.  For more information about the CLE Rules, please go to www.nycourts.gov/Attorneys/CLE.

Out of State Accreditation: This program has also been approved for MCLE credit by the State Bar of California, the Pennsylvania Continuing Legal Education Board and the Board of Continuing Legal Education of the State of New Jersey.  If you require MCLE credit in other states, we can provide you a Uniform MCLE Form.

Partial Credit for Program Segments Not Allowed: Under the New York State Continuing Legal Education Board Regulations and Guidelines, attendees at CLE programs cannot get MCLE credit for a program segment (typically, a lecture or panel, of which there are usually several in a program) unless they are present for the entire segment. Those who arrive late, depart early, or are absent for any portion of the program WILL NOT receive credit for that program segment.

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Follow NYSBA CLE on Twitter! @NYSBACLE for the latest program announcements.

To view the full list of Continuing Legal Education Programs, click here.

If you have any questions about the content this program, please contact staff attorney Thomas Richards, section liaison Tiffany Bardwell, or program coordinator Bridget Donlon.  

To register for this program please click on the link below or contact the NYSBA Member Resource Center at 800-582-2452 or mrc@nysba.org.



JOIN US FOR OUR SUMMER MEETING!
THE PRESS HOTEL
119 EXCHANGE STREET
PORTLAND, MAINE

FOR LODGING INFO., CALL: 518-487-5573

REGISTER ONLINE NOW!
OR 
DOWNLOAD MEETING REGISTRATION FORM
DOWNLOAD FULL MEETING BROCHURE

TAX SECTION SUMMER MEETING AGENDA:

FRIDAY, JUNE 22

4:00 – 6:00 pm         
Registration – Press Hotel Art Gallery

6:00 – 7:00 pm
Welcome Reception
 – Composing Room

7:00 pm                    
Dinner on your own in one of Portland’s Fantastic Restaurants


SATURDAY, JUNE 23


8:00 – 9:30 am            
Continental Breakfast
 – Editorial Room/Art Gallery
            
8:00 am – Noon          
Registration
 – Composing Room Foyer

9:00 am – 12:00 noon   
General Session
 – Composing Room 

9:00 – 9:10 am         
Tax Section Welcome
Karen Gilbreath Sowell, Esq., Tax Section Chair
Ernst & Young LLP
Washington, DC 

9:10 am – 10:30 am
Are You Feeling GILTI, or Just BEAT?  Some [Unintended?] Intersections of the New International Tax Rules  
Join us to discuss the frustrating fracas of international tax reform, where new acronyms are layered on top of vintage rules.  The panel will cover puzzling issues involving foreign tax credits, previously-taxed income, basis, expense allocation and more.  We will also consider how this fabulous new world applies to consolidated groups and partnerships.   

Panel Chair
Kimberly S. Blanchard, Esq.
Weil, Gotshal & Manges LLP
New York City 

Panelists
William L. McRae, Esq.
Cleary Gottlieb Steen & Hamilton LLP
New York City 

Jose E. Murillo, Esq.
Ernst & Young LLP
Washington, DC

Marjorie A. Rollinson, Esq.
Associate Chief Counsel (International)
Internal Revenue Service
Washington, DC

Stephen E. Shay, Esq.
Harvard University
Boston, MA

10:30 –10:45 am     
Coffee Break

10:45 am – 12 noon
A Token Gesture: Tax Considerations for Cryptocurrencies and Utility Tokens
This panel will focus on the tax consequences to both issuers and purchasers of cryptocurrencies and utility tokens.  We will discuss the new meaning of forks (they are not just for eating) and SAFEs (they are not just for protecting your will).    

Panel Chair
John T. Lutz, Esq.

McDermott Will & Emery LLP
New York City 

Panelists
Edward E. Gonzalez, Esq.

Skadden, Arps, Slate, Meagher & Flom LLP
New York City 

Karl T. Walli, Esq.
Senior Counsel
Office of Tax Policy
U.S. Department of Treasury
Washington, D.C. 

Lisa M. Zarlenga, Esq.
Steptoe & Johnson
Washington, D.C. 

12 noon – 1:30 pm  
State & Local Tax Committee Lunch and CLE (Registered Attorneys Only): 

Optional Session.  Preregistration is required.

CLE Program Runs 12:15 to 1:30 pm
2018-2019 New York State Budget Bill: What’s In, What’s Out, and What it All Means

This panel will discuss certain provisions of the 2018-2019 New York State enacted budget, as well as the proposals that were not enacted.  We will explore how these developments may impact the landscape of state and local taxation in New York State and City, including how the enacted budget provisions may result in lack of clarity, areas of controversy, planning opportunities, traps for the unwary, new administrative guidance, and future legislative action. 

Panel Chair
Jack Trachtenberg, Esq.
Deloitte LLP
New York City 

Panelists
Megan L. Brackney, Esq. 
Kostelanetz & Fink, LLP
New York City 

Paul R. Comeau, Esq.
Hodgson Russ LLP
Buffalo 

Leah S. Robinson, Esq.
Mayer Brown LLP
New York City 


2:00 pm
OPTIONAL GROUP WALKING TOURS - See Downloadable Program for Details
OR TIME TO EXPLORE THE CITY ON YOUR OWN

6:30 – 10:00 pm       
OFFSITE RECEPTION & DINNER:  Brick South, 8 Thompson’s Point, Portland 
Transportation Provided to and From Hotel. Bus departs from hotel at 6:15 sharp and 6:25 pm.



SUNDAY, JUNE 24

7:30 – 9:30 am         
Continental Breakfast  – Art Gallery

8:00 – 9:00 am         
Executive Committee Breakfast Meeting
 – Editorial Room
Open to Executive Committee Members Only

8:00 am – Noon      
Registration – Composing Room Foyer

9:15 am – 12:00 noon  
General Session  –  Composing Room 

9:15 – 10:30 am
Relearning Corporate Transactions

This year's “usual corporate panel” is not about reorganizations or spin-offs, but will discuss how corporate transactions will adapt to a new menu of good and bad ideas.

Panel Chair
William D. Alexander, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
Washington, DC 

Panelists
Tijana J. Dvornic, Esq.
|
Wachtell, Lipton, Rosen & Katz LLP
New York City 

Kathleen L. Ferrell, Esq.
Davis, Polk & Wardwell LLP
New York City 

John J. Merrick, Esq.
Special Level Counsel to the Associate Chief Counsel
(International)
Internal Revenue Service
Washington, D.C. 

10:30 – 10:45 am     
Coffee Break 

10:45 am – 12 noon
Aggregate vs. Entity Theory after TCJA

This panel will discuss the manner in which various provisions of the TCJA address partnerships using an entity approach, an aggregate approach or a hybrid of both approaches.   

Panel Chair
Michael B. Shulman, Esq.

Shearman & Sterling LLP
New York City   

Panelists
Andrew W. Needham, Esq.    
Cravath, Swaine & Moore LLP  
New York City                                                                                               

Amanda H. Nussbaum, Esq.
Proskauer Rose LLP
New York City                         

Krishna P. Vallabhaneni, Esq.
Deputy Tax Legislative Counsel
U.S. Treasury Department
Washington, DC

Questions on this Program?  Contact Catheryn Teeter, 518-487-5573 or cteeter@nysba.org

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

Karen Gilbreath Sowell is the 2018 Chair of the (2,063) member Tax Section.  Karen is a Principal at Ernst & Young LLP and is co-leader of the firm’s National Tax M&A practice.  She was the Deputy Assistant Secretary for Tax Policy at the U.S. Department of Treasury from 2007 – 2009 and an Associate Legislative Counsel and Attorney Advisor from 1997-2001.

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 Tiffany Bardwell 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 Tiffany Bardwell. 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

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

Bankruptcy and Losses
Compliance, Practice and Procedure
Consolidated Returns
Corporations
Cross Border Capital Markets
Diversity

Employee Benefits
Estates and Trusts
Financial Instruments
"Inbound" U.S. Activities of Foreign Taxpayers
Individuals
Investment Funds
New York City Taxes
New York State Taxes

"Outbound" Foreign Activities of U.S. Taxpayers
Partnerships
Pass-Through Entities
Real Property
Reorganizations 
Securitizations and Structured Finance
Tax Exempt Entities

Other Committees:
Contact Tiffany Bardwell at tbardwell@nysba.org or 518.487.5675 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 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 Tiffany Bardwell at tbardwell@nysba.org or 518.487.5675.

 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.