Ed Liva moderated a panel discussion that focused on current federal and state tax audits and examinations at the recent 28th Annual Philadelphia Tax Conference. The panel discussed the thirteen new compliance campaign initiatives recently launched by IRS’s Large Business & International (LB&I) division, and its intention to move towards issue based examinations. Ed is an Advisory Board Member for the Annual Philadelphia Tax Conference.
Professor J. Richard Harvey Quoted in New York Times article on Apple's International Tax Planning Structure
On November 6, 2017, Villanova Graduate Tax Professor J. Richard Harvey was quoted in a New York Times article. The article surrounded Apple's new international tax planning structure that has come to light from Harvey's work with the International Consortium of Investigative Journalists and the NY Times reviewing various information from the Paradise Papers (leaked information from the Bermuda law firm Appleby).
The quote is as follows:
But J. Richard Harvey, a Villanova law professor and former I.R.S. official who reviewed the Appleby documents, concluded that there was a strong possibility the company moved intellectual property into Ireland to take advantage of the generous tax rules. Based on disclosures in Apple’s American securities filings, he estimated that the transfer was worth about $200 billion.
The Graduate Tax Program & the Tax Law Society present an Information Session with
Thursday September 28th 12 - 1 PM
Room 202 ▪ Villanova University Charles Widger School of Law
A light lunch will be provided
Come join the TE Connectivity Team to learn about Internship Opportunities!
- Internships are offered year-round in Tax Planning, Tax Systems/IT, and General Tax
- Attend the Information Session and speak with a TE Connectivity representative to learn more!
About TE Connectivity:
TE Connectivity (NYSE: TEL) is a $12 billion global technology leader. Our connectivity and sensor solutions are essential in today’s increasingly connected world. We collaborate with engineers to transform their concepts into creations – redefining what’s possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 72,000 people, including over 7,000 engineers, partner with customers in over 150 countries across a wide range of industries.
We believe EVERY CONNECTION COUNTS – www.TE.com
Professor J. Richard Harvey Interviewed on Bloomberg Radio on EU Commission and Illegal State Aid
On October 6, 2017, Villanova Graduate Tax Professor J. Richard Harvey was interviewed surrounding the EU Commission's actions this week surrounding illegal state aid for Amazon, Apple, and other companies.
A recording of the 12 minute section is available at https://www.bloomberg.com/news/audio/2017-10-06/eu-regulators-slap-big-taxes-on-u-s-tech-giants-audio.
Tax Law Society Presents
Career Opportunities in Tax at Law Firms and the IRS
September 7, 2017 - 4:30 pm
Room 302 - Villanova University Charles Widger School of Law - Refreshments will be provided.
Christopher Harvey, Partner at Harvey, Ballard & Bornstein, LLC
Marissa Tribuiani, Attorney at Dechert LLP
Greg Martinelli, Managing Partner, Law Offices of Gregory S. Martinelli
James Fee, Senior Level Counsel, Large Business and International Division (LB&I) of the IRS, Philadelphia
Jason Kuratnick, Associate Area Counsel for the IRS’s Office of Chief Counsel, Philadelphia
The Graduate Tax Program announces State and Local Taxation Certificate curriculum beginning in Fall 2017.
State and Local Taxation Certificate:
and Local Taxation (“SALT”) continues to be a significant area of focus
for all businesses concerned with their company’s cash flow, effective
tax rate and risk profile. Increasingly, state and local governments
react to their own financial challenges with expanding tax regimes,
increased reporting and compliance requirements, and aggressive audit
activity and penalty assessments. As a result, the need for tax
professionals equipped with a deep knowledge and skillset in SALT
continues to grow.
The SALT Certificate curriculum will expose the
tax professional to the various regimes of state and local taxation
that affect today’s businesses. More importantly, it will enable the
professional to create or recommend solutions that are in conformity
with the states’ applicable laws and regulations, and are consistent
with the company’s overall business objectives and global and national
The SALT Certificate courses are taught by leading
SALT practitioners from Big 4 and regional accounting firms, Law firms,
and Fortune 500 companies. The curriculum is available to LL.M.
students, MT students, or as a stand-alone Certificate. Courses include:
- State and Local Taxation: Basic Principles
- State and Local Taxation: Income and Franchise Taxes
- State and Local Taxation: Sales and Use and Indirect Taxes
- State and Local Taxation: Controversy and Litigation Issues
- State and Local Taxation: Advanced Issues in Business Transactions
Professor J. Richard Harvey Quoted on NPR Marketplace
Villanova Graduate Tax Professor J. Richard Harvey was quoted on the June 13th episode of NPR's Marketplace in the segment "Can the Senate rework 18 percent of the economy in three weeks?"
Villanova Tax Symposium
Tax Reform in 2017 – Exploring the Blueprint
June 1, 2017
Networking and Coffee: 8 – 8:30 a.m.
Welcome: 8:30 – 8:45 a.m.
Edward Liva, Professor of Practice and Director of the Graduate Tax Program, Villanova University Charles Widger School of Law
Featured Speaker: 8:45 – 9:15 a.m.
“An Update from the House Ways and Means Committee”
Patrick Meehan, Representative of the Seventh District of Pennsylvania, U.S. Congress
Topic 1: 9:15 – 10:15 a.m.
“The road to tax reform – What’s involved and how it can be accomplished.”
Pam Olson, US Deputy Tax Leader and Washington National Tax Services Practice Leader, PwC
Topic 2: 10:15 – 11:15 a.m.
“The impact on the real estate industry and other businesses that operate as partnerships”
Jim Sowell, Principal, KPMG LLP
Peter Furci, Partner, Debevoise & Plimpton LLP
Topic 3: 11:15 a.m. – 12:15 p.m.
“The border adjustment tax and how it will impact multinational corporations and businesses”
Christopher Trump – Managing Principal of Washington National Tax International Tax Services Group, Deloitte LLP
Clarke Norton, Principal, Deloitte Tax LLP
Topic 4 & Lunch: 12:30 a.m. – 2:00 p.m.
“The impact on individual and corporate taxpayers”
John Gimigliano, Principal-in-Charge, Federal Legislative and Regulatory Services, Washington National Tax, KPMG
Tax Career Opportunities for JD and JD/LLM Students
Co-presented by the Tax Law Society and the Graduate Tax Program
A discussion exploring tax opportunities at international accounting firms and corporate tax departments.
March 28, 2017 - 4:30 pm
Room 302 - Villanova University Charles Widger School of Law - Refreshments will be provided.
Panelists from left to right:
Michael Steinsaltz, International Tax Partner, Deloitte
Todd Forney, State and Local Tax Partner, PwC
Madeleine Barber, Senior Vice President and Chief Tax Officer, CBRE Group
Walter Greiner, Director of Tax Planning, Teva Pharmaceuticals
Professor J. Richard Harvey Quoted in Bloomberg Article on Pass-through Tax Rate
On May 1, 2017, Villanova Graduate Tax Professor J. Richard Harvey was quoted in a Bloomberg article entitled: Trump Tax Plan Seen Steering Stampede to Passthrough Status.
Professor Joy Mullane's Article on Tax Reform & the Estate Tax Published on Law360.com
On April 14, 2017, Joy Mullane published an article for online legal news service Law360.com on tax reform and the estate tax. It was part of a series of articles on tax reform that also included a piece by Charlotte Luke, a University of Florida Graduate Tax Professor and the Editor of the Florida Tax Review.
Article is available on Law360.com and through LexisNexis
Professor Leslie Book Presents Taxpayer Rights, Behavioral Economics And The EITC At Indiana
On February 17, 2017, Leslie Book presented Thinking About Taxpayer Rights and Behavioral Economics to Improve Administration of the EITC (with David Williams (Chief Tax Officer, Intuit)) at Indiana-Bloomington today as part of its Tax Policy Colloquium Series
He also gave a talk on "Taxpayer Rights as Human Rights: The Example of Refundable Credits" at the Second International Taxpayer Rights Conference at the University of Vienna.
More information on TaxProf Blog
Graduate Tax Program announces New Course Offering
for Spring 2017: Tax Technology Solutions
This course is designed to explore the convergence of technology skills and tax competencies that is occurring at corporations, government and tax service providers. Information Technology systems and applications are becoming more prevalent in all aspects of tax compliance and consulting, including global tax compliance and provision readiness, tax information process improvement, tax consulting and transactional modeling, and the use of data analytics. The course will provide an introduction to the basic tools used for tax modeling, and an overview of tax data analytics concepts and components. The course will also examine approaches designed to identify key tax issues and create value by applying analytics in combination with visualization tools and techniques.
Graduate Tax Program announces New Course offering for Fall 2016: Accounting for Income Taxes (ASC 740)
This course is designed to assist students and tax practitioners understand the financial accounting and reporting guidance related to the effects of income taxes that result from an entity’s financial activities during the current and preceding years. ASC 740 was revised in October 2011 and codifies the guidance that was previously included in FAS 109, APB 23 and other FASB statements. Specific topics addressed in the course include calculation of total income tax for financial reporting purposes, recognition of deferred tax assets and liabilities and the determination of a need for a valuation allowance, calculation and reconciliation of the effective tax rate, and footnote disclosure related to income taxes. The course also covers FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”), and a variety of other topics and issues related to financial reporting of income taxes.
Villanova University Graduate Tax Program’s Inaugural Tax Policy Symposium
As the 2016 Election Year intensifies, candidates will provide their views and proposals for tax reform. At Villanova University Graduate Tax Program’s inaugural Tax Policy Symposium—Fundamental Tax Reform and Tax Policy Issues in Election Year 2016—attendees will be introduced to the most salient issues within the debate, and the distinction among the various proposals that will impact your business and personal economic affairs. This event will bring together a cross section of business leaders—from tax and accounting to legal and government to renowned academics—to discuss the economic and societal issues surrounding the need for fundamental Tax Reform. Read more
Professor Leslie Book to Speak at Public Forum on Taxpayer Service Needs and Preferences
The Office of the Taxpayer Advocate has invited Leslie Book, Professor of Law at Villanova University Charles Widger School of Law, to be a panelist at the first in a series of public forums on taxpayer service on Tuesday, Feb. 23, 2016. Read more
Ed Liva Appointed Director of the Villanova University Graduate Tax Program
Ed Liva has been named Director of Villanova’s nationally recognized Graduate Tax Program. A longtime adjunct professor, he joins the program full-time following his retirement from KPMG, where he most recently served as national Real Estate Industry Tax leader. In his new role, Liva oversees the cross-disciplinary program—designed for lawyers, accountants and business professionals—which is developed and managed by the Law School in conjunction with the Villanova School of Business. Read more
Villanova University Launches Online Master of Laws in Taxation and Online Master of Taxation Programs
Villanova University Graduate Tax Program is proud to announce the launch of the Master of Laws in Taxation and Master of Taxation in an online modality in addition to its on-campus counterparts. Click here for more information.
Professor Harvey Quoted in New York Times
Villanova tax professor J. Richard Harvey was quoted in a New York Times article entitled: New Corporate Tax shelter: A Merger Abroad.
Professor Maule Blogs on Tax & Legal Education
Blogging pioneer and Villanova tax professor, James Edward Maule, publishes the blog MauledAgain, a relevant and informative blog which addresses a kaleidoscope of issues, but most frequently provides commentary about the American tax system and legal education.
VLS Grad Tax Professors Start Federal Tax Blog
Villanova tax professors Leslie Book and Keith Fogg, along with Villanova alumnus Stephen J. Olsen, J.D., ’07, LL.M ’09 of Gawthrop Greenwood in West Chester, PA, have started Procedurally Taxing, a blog dedicated to discussing important developments in federal tax procedure and tax administration. Recently, a Forbes article on IRS efforts to go after complex tax shelters linked to a post authored by Prof. Book for the blog.
Professor Harvey Testifies Before the PSI
On Tuesday, May 21st, Professor J. Richard Harvey testified at a hearing, “Offshore Profit Sharing Part 2 (Apple, Inc.), before the U.S. Senate Permanent Subcommittee on Investigations (Senator Carl Levin, Chairman; Senator John McCain, Ranking Member). The Subcommittee will continue its examination of the structures and methods employed by multi-national corporations to shift profits offshore and how such activities are affected by the Internal Revenue Code and related regulations. Read more
ABA Names J.D.-LL.M. Grad as Public Service Fellow
The American Bar Association Section of Taxation has named Sean Norton J.D. ’09, LL.M. ’10 a Public Service Fellow for 2011-2013. Norton, currently a lawyer in private practice in Jenkintown, Pa, has committed to two years of tax-related public service. He will be working with Pine Tree Legal Assistance to expand federal tax assistance in Maine and to implement an outreach program to increase the organization’s panel of volunteer tax lawyers and allow the organization to offer services to the mentally ill. As a student, Norton worked in Villanova Law’s federal tax clinic representing low-income taxpayers. The Public Service Fellowships were developed in 2008 to address the need for tax legal assistance, and to foster an interest in tax-related public service among participating individuals. The Fellowships provide funding for the Fellows’ salaries and benefits, as well as law school debt repayment assistance, by means of charitable contributions to the sponsoring organizations. Norton is Villanova’s second ABA Public Service Fellow; Douglas Smith J.D.’02 is currently serving as a 2010-2012 Public Interest Fellow.