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NTA Conference 5 Key Perspectives You Can Learn from Other Professions and Disciplines about Tax Policy. Dan Kostenbauder Washington, D.C. 29 September 2006. Five Key Things That U.S. Tax Policy Analysts Should Know About Business Perspectives on Tax Issues and Its Policy Implications.
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NTA Conference5 Key Perspectives You Can Learn from Other Professions and Disciplines about Tax Policy Dan Kostenbauder Washington, D.C. 29 September 2006
Five Key Things That U.S. Tax Policy Analysts Should Know About BusinessPerspectives on Tax Issues and Its Policy Implications • 1 Corporate Tax Departments are uniquely involved in all aspects of taxation (preparing tax returns, handling audits, litigating, tax planning, tax accounting, and influencing legislation and regulations) as well as other operational aspects of a company • 2 There are major differences between the goals and rules of financial and tax accounting, and company tax departments deal with both • 3 There is no single “business” perspective on tax policy • 4 Helping to develop industry tax positions is critical • 5 Companies need to be bipartisan in approach