NEW YORK, March 8, 2011 /PRNewswire/ -- KPMG's Tax Governance Institute (TGI) will hold a live video Webcast which will examine key issues in changing the taxation of business income, using the Tax Reform Act of 1986 as an example. The Webcast, "The Realities of Corporate Tax Reform," is scheduled for Friday, March 11, from 1 p.m. to 2:30 p.m. (ET).
Board and audit committee members, CFOs, tax directors and other business professionals interested in attending this timely Webcast panel discussion can register by logging on to: www.taxgovernanceinstitute.com.
Sharing their insights will be a panel of three veterans of the 1986 tax legislation, including:
- David Brockway, partner, Bingham McCutchen LLP and chief of staff of the U.S. Congress Joint Committee on Taxation at the time of the 1986 tax reform.
- Eugene Steuerle, Richard B. Fisher Chair and Institute Fellow at the Urban Institute, original organizer and economic coordinator of the U.S. Department of the Treasury's 1984-86 tax reform effort and later deputy assistant secretary of the Treasury (1987-89).
- John Buckley, visiting professor of law at Georgetown University Law Center, former chief Democratic tax counsel to the House Ways and Means Committee and a member of the House Office of Legislative Counsel in 1986.
"Corporate tax reform is today's hot tax topic, with barely a day passing by without some press coverage or announcement by some stakeholder in the outcome of the debate," said Hank Gutman, director of the TGI, former chief of staff of the U.S. Congressional Committee on Taxation, and panel moderator.
"The participants in our Webcast will review the economic, budgetary, substantive and political issues that surround changing the taxation of business income," Gutman added. "The discussion is bound to be a lively one and should make it clear that the path to enacted legislation will be much more complicated than the current rhetoric contemplates."
The Tax Governance Institute (www.taxgovernanceinstitute.com), part of the KPMG Institute Network, provides opportunities for board members, corporate management, stakeholders, government representatives, and others to share knowledge regarding the identification, oversight, management, and appropriate disclosure of tax risk. Visit the KPMG Institute Network (www.kpmginstitutes.com) for insight and thought leadership on emerging industry trends, new compliance and regulatory issues, and the evolving relationship between business and government.
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SOURCE KPMG LLP