Knowledge Capital for the Tax Professional

Welcome to this edition of TaxCareerDigest. This online journal provides tax professionals with timely information relating to the tax industry—news, trends, careers, and more. Through TaxCareerDigest, you will receive content relevant to you as a tax professional that is written and reviewed by experts in the tax field.

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University of Wisconsin Milwaukee State and Local Tax Certificate
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Effective Strategies for Salary Benchmarking in the Tax Profession: Part II
By: TaxTalent

Last month we discussed the lack of depth in the quantitative data and the absence of the qualitative data in the generic salary studies provided by Human Resource groups or compensation departments. Now we will discuss the methodology behind how to carry-out your own accurate and effective salary study.


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The Top 5 Major Pitfalls US Companies can fall into when Staffing Off-Shore Tax Professionals
By: Barrie Pallen

Searching for the perfect candidate for an off-shore tax position can be a challenge. In this article, Barrie Pallen, of the European tax staffing firm Barrie Pallen Associates, discusses the top 5 pitfalls US companies face when staffing off-shore talent.


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The 2012 Benchmark Survey on VAT/GST
By: KPMG International

KPMG’s Global Indirect Tax Services practice has conducted a survey on an annual basis to monitor the evolution of VAT/GST tax benchmarks globally. The information which is gathered will offer insights to businesses that allows them to assess emerging best practices, industry benchmarks and geographic or other variances.


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State Tax Actions 2011
By: by Mandy Rafool and Todd Haggerty

State Tax Actions 2011 presents information about the tax and revenue changes enacted by state legislatures during the 2011 calendar year. It also contains the results of tax measures that were voted on during 2011 general elections.


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Reasserting Its Role as Final Interpreter of the Law, the Supreme Court Rejects IRS "Fighting Regulation" in United States v. Home Concrete & Supply, LLC, et al.
By: Robert A.N. Cudd, Edward L. Froelich, James E. Merritt and Bernie J. Pistillo

On April 25, 2012, the Supreme Court issued a 5-4 opinion, written by Justice Breyer, concluding that Treasury Regulation § 301.6501(e)-1(a)(iii) was invalid. As a result of the decision, on April 30, the Court disposed of nine cases, including vacating Government-favorable decisions in the Tenth, D.C., and Federal Circuits.


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Webinar on Indirect Taxes – Cost Savings, Risk Management, and Compliance: Emerging Issues for CFOs
By: Deloitte

Above the line taxes, such as indirect taxes, are not always top of mind for financial executives. Explore the indirect tax environment globally and how leading companies are moving towards centralized management of indirect taxes and associated risk.