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The Globalization of Tax Policy and Implications for US Economic Growth and Investment - An Introduction
December 16, 2014 |
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The Globalization of Tax Policy and Implications for US Economic Growth and Investment - An Introduction
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In an evolving global environment, governments are reevaluating tax policies and tax administration to generate revenue while promoting economic growth and job creation. This webcast will review:
- The current US economic environment, specifically looking at US global competiveness
- The prospects for US tax reform, including its potential impact on US economic growth and investment
- Practical considerations on how to implement the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) action plan, and its influence on US tax reform efforts.
This webcast is an introduction to the 16th Annual Tax Policy & Practice Symposium,Please join PwC professionals and our honorable guest, Assistant Secretary for Tax Policy, Mark Mazur, for a lead-up conversation to the 16th Annual Tax Council Policy Institute (TCPI) Symposium, "How Taxes Matter: The Globalization of Tax Policy and Implications for US Economic Growth and Investment.” The Symposium will be February 12-13, 2015 at The Ritz-Carlton, Washington, DC. To register and for more information, visit www.tcpi.org.
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Moderator:
 | Ed McClellan
PwC Principal
Tax Policy Services (TPS) Group
Ed McClellan is a Principal in the Washington National Tax Services (WNTS) office of PwC. He is a member of the Tax Policy Services, which specializes in assisting clients – including multinational corporations, associations, and business coalitions – in the development and implementation of strategies to address proposed changes in tax legislation, regulations, and rulings. Mr. McClellan brings extensive experience in a broad range of US and multinational corporate taxation issues, including international tax reform and financial products legislation.
Before joining PwC, Mr. McClellan served for seven years as Tax Counsel to the Committee on Finance of the United States Senate. As Tax Counsel to the Finance Committee, Mr. McClellan served as a senior policy and technical advisor on tax issues to two chairmen of the Committee, Senator Chuck Grassley and the late Senator Bill Roth. Mr. McClellan was responsible for developing legislation relating to international taxation, domestic corporate taxation, financial services, capital gains, dividend taxation, and accounting methods. He served as a tax counsel on the American Jobs Creation Act of 2004, the Jobs and Growth Tax Relief Reconciliation Act of 2003, the Job Creation and Worker Assistance Act of 2002, the FSC Repeal and Extraterritorial Income Exclusion Act of 2000, and the Tax Relief Act of 2001, for which he played a key role in negotiating the reduction of individual income tax rates. In addition, Mr. McClellan served as Chairman Grassley’s staff liaison to other members of the Senate Finance Committee, as well as to the House Ways and Means Committee, the Treasury Department, and the Internal Revenue Service.
Prior to joining the Senate Finance Committee staff, Mr. McClellan spent 17 years in private practice, during which he worked for multinational law and accounting firms, and served as in-house tax advisor to a Fortune 8 corporation. He has more than 15 years of experience in the public accounting industry.
Mr. McClellan received his LL.M. in Taxation from Georgetown University and his J.D. and B.S. from Indiana University. He is a member of the District of Columbia and Federal Bar Associations. He is Chairman of the Government Relations Committee for the Tax Section of the American Bar Association, and recently completed a term on the AICPA's Tax Legislation & Policy Committee.
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Speakers:
 | Mark Mazur
Assistant Secretary for Tax Policy
US Department of Treasury
Mark J. Mazur currently serves as the Assistant Secretary for Tax Policy. In this role, he is responsible for developing, analyzing, and coordinating Treasury's and the Administration's agenda, policies, and guidance on tax issues. Since 2009, Mazur has served as Deputy Assistant Secretary for Tax Analysis, where he advised the Secretary on the economic analysis work undertaken by Treasury's Office of Tax Policy, including studies and reports. Prior to joining the Office of Tax Policy, Mazur spent eight years working for the Internal Revenue Service, where he was the Director of Research, Analysis, and Statistics. Mazur has spent 23 years working for the federal government, including positions at the Congressional Joint Committee on Taxation, the President's Council of Economic Advisors and the National Economic Council under President Clinton, and the Department of Energy.
Mazur received a B.A. in financial administration from Michigan State University and a Master's degree in Economics and Ph.D. from Stanford University's Graduate School of Business.
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 | Drew Lyon
PwC Principal
Leader of the National Economics and Statistics (NES) Group
Dr. Andrew Lyon is the leader of the National Economics and Statistics (NES) group of PricewaterhouseCoopers LLP (PwC). Dr. Lyon specializes in analyzing the revenue and economic impacts of legislative and regulatory proposals. He provides economic and tax analysis in a number of areas, including corporate tax reform proposals, capital cost recovery, and investment incentives. Dr. Lyon has testified before Congress on a range of issues and provided analysis of tax reform options to policymakers.
Prior to joining PwC, Dr. Lyon served as deputy assistant secretary for tax analysis with the Department of Treasury. As deputy assistant secretary, he was responsible for providing economic advice and analysis on all aspects of Federal taxation. He received the Internal Revenue Service Commissioner's Award and the Treasury Department's Distinguished Service Award. Dr. Lyon has also served on the staff of the President's Council of Economic Advisers and the staff of the Joint Committee on Taxation. In addition to his prior government service, Dr. Lyon was a member of the faculty of the University of Maryland economics department.
Dr. Lyon has written numerous articles covering a wide range of tax issues, including distributional analysis of tax reform, international taxation, consumption taxation, the effects of tax policy on the stock market, and social security financing, and authored a book on the alternative minimum tax.
Dr. Lyon received an A.B., with distinction and Phi Beta Kappa, from Stanford University, and earned his Ph. D. in economics from Princeton University. He was a co-winner of the National Tax Association dissertation award. He has been a faculty research fellow at the National Bureau of Economic Research and was a visiting fellow at the Brookings Institution.
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 | Richard D'Avino
PwC Managing Director and Former Vice President and Senior Tax Counsel
General Electric Company
Rick D'Avino was with GE from 1991 through 2013, as Vice President and Senior Tax Counsel at GE Capital until 2005 and subsequently as Vice President and Senior Tax Counsel at General Electric Company. Rick was responsible for all aspects of taxation for GE Capital and, after 2005, for GE Corporate and for GE's interest in NBC Universal as well. Rick also served on the Boards of Directors of GE Capital Corporation and GE Capital Services from 2009 to 2012, and of GE SeaCo, a joint venture between GE and Sea Containers Ltd., from 1996 to 2011.
Following his departure from GE, Rick joined the private-equity firm General Atlantic as a Special Advisor. At GA, Rick works on all matters related to taxes for GA’s investment teams and its portfolio companies.
Rick also recently joined PricewaterhouseCoopers as a Managing Director, where he works with the Vice Chairs of PwC's global tax team, with PwC's tax policy operation in Washington, D.C. and on mentoring and developing PwC's leading tax partners and soliciting feedback from large clients.
In addition, Rick is a member of the Board of Directors of GreatLand Connections, which Comcast expects to spin-off to the public as part of its acquisition of Time Warner Cable.
Rick began his career clerking for Judge Alvin B. Rubin on the U.S. Court of Appeals for the Fifth Circuit, after which he was an associate at Cohen & Uretz in Washington, D.C. Rick then served as an Attorney-Advisor and the Deputy Tax Legislative Counsel in the U.S. Treasury Department from 1983-1987. Prior to joining GE, Rick was a tax partner at King & Spalding in Washington, D.C.
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Rick has been a member of the Internal Revenue Service Advisory Council, the Executive Committee of the New York State Bar Association Tax Section, and the Washington, D.C. and Pennsylvania Bars. Rick also served as an Adjunct Professor at Georgetown University Law Center from 1982-1990 and is currently a Lecturer in Law at the University of Pennsylvania Law School. Rick serves on the Penn Law Board of Overseers, was President of the Penn Law Alumni Board of Managers from 2010-2013, and recently completed two terms on the Board of Trustees at Pitzer College. He has been on the Board of Directors of DOMUS Kids, a Connecticut child educational and welfare organization, since 1994 and became its Vice Chair in 2012. Rick currently serves as President of the Original Music Workshop (OMW), a Brooklyn-based nonprofit that provides state of the art facilities and support to a wide range of composers, musicians, and artists.
Rick was graduated from the University of Pennsylvania’s Wharton School with a B.S. in Economics, summa cum laude, in 1977, and its Law School with a J.D., cum laude, in 1980. While at Penn, Rick was an Arthur Littleton Legal Writing Instructor, an Editor of the University of Pennsylvania Law Review, President of the Class of 1980, a member of the Order of the Coif, President of Beta Alpha Psi, and was awarded the Bernard A. Chertcoff Prize for the Highest Grades in Taxation. |
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NOTE: This is a recording. Viewing this recording does not qualify for CPE.
CPE was awarded for the live event on December 16, 2014. If you watched the live webcast and qualified for CPE, you may access your certificate by clicking the CPE button at the bottom of the screen.
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