The Tax Cuts and Jobs Act (TCJA) dramatically cut corporate tax rates, significantly changed individual income tax calculations, and curtailed numerous deductions and allowances. These federal changes also had a significant but varied effect on state corporate and individual income tax systems and taxpayers, but those effects depended on how states responded to the new federal tax law.
The Urban-Brookings Tax Policy Center, American Tax Policy Institute, Murphy Institute at Tulane University, and Boyd Center for Business and Economic Research at the University of Tennessee invite you to a conference to examine state responses one year after passage of the TCJA. Topics will include conformity of state and federal individual and business tax bases, international business as a source of state revenue, and state workarounds to the TCJA’s limit on the deduction for state and local income taxes.
Speakers will also address the following questions:
- What are the TCJA’s implications for tax administration across different governments?
- How will the new tax laws affect states’ ability to attract people, jobs, and investment?
- What should the process and substance of future federal tax legislation look like?
Welcome and Introduction
Tracy Gordon, Senior Fellow, Urban-Brookings Tax Policy Center @gordontrac
Federal-State Tax Conformity after the TCJA
- Jennifer Budoff, Budget Director, Council of the District of Columbia @jenbudoff
- John Hicks, Executive Director, National Association of State Budget Officers @NASBO
- Leila Kleats, Chief Economist, Colorado Governor’s Office of State Planning and Budgeting @COBudgetOffice
- Carley Roberts, Partner, Pillsbury Winthrop Shaw Pittman LLP @pillsburylaw
- Richard Auxier, Research Associate, Urban-Brookings Tax Policy Center (moderator) @richardcauxier
State Responses to TCJA’s International Provisions
- Helen Hecht, General Counsel, Multistate Tax Commission
- Shirley Sicilian, National Director of State and Local Tax Controversy, KPMG @KPMGUS_Tax
- Alysse McLoughlin, Partner, McDermott Will & Emery @McDermottLaw
- Richard Pomp, Alva P. Loiselle Professor of Law, University of Connecticut School of Law (moderator) @UConnLaw
- Tiffany Smith, Chief Tax Counsel, Minority Staff, Senate Finance Committee @TPaschalSmith
The Aftermath of Blue State Resistance to TCJA
- Kim Rueben, Senior Fellow, Urban-Brookings Tax Policy Center @taxfox
- Leslie Samuels, Senior Counsel, Cleary Gottlieb Steen & Hamilton LLP @ClearyGottlieb
- Kirk Stark, Barrall Family Professor of Tax and Law Policy, UCLA School of Law @kirkstark
- Mark Yopp, Partner, McDermott Will & Emery @McDermottLaw
- Steven Sheffrin, Executive Director, Murphy Institute, Tulane University (moderator) @MurphyPolicy
Perspectives of State Tax Administrations and Multistate Businesses on Post-TCJA State Taxation
- Loren Chumley, State and Local Tax Principal, KPMG @KPMGUS_Tax
- Bruce Fort, Counsel, Multistate Tax Commission
- Fitzroy Lee, Chief Economist, District of Columbia’s Office of the Chief Financial Officer
- LeAnn Luna, Professor, University of Tennessee, Knoxville @LeAnnLunaUTK
- Donald Bruce, Douglas and Brenda Horne Professor of Business, University of Tennessee, Knoxville (moderator) @DonBruceTN
- Speaker Biographies
- Panel II - Presentation
- Tiffany Smith - Presentation
- Kim Rueben - Presentation
- Leslie Samuels - Presentation
- Mark Yopp - Presentation
Support for this event is provided by the American Tax Policy Institute, Murphy Institute at Tulane University, and Boyd Center for Business and Economic Research at the University of Tennessee. For more information on the Urban Institute’s funding principles, go to http://www.urban.org/fundingprinciples.
Registration and breakfast available at 8:30 a.m.
Lunch will be available at 12:00 p.m.
Send any inquiries regarding this event to [email protected].