Tax

This Year

Transcripts

Recorded on: Mar. 4, 2013

SPEAKER: We will move on to our next presenter of today, who is Linda Carlisle. Linda flew in from Washington, DC. Hopefully you didn't have too bad of a flight coming into the Bay Area. LINDA CARLISLE: A very long one. That's what-- SPEAKER: Oh, gosh. Well, we're pleased that you're here and that you're here safely, so thank you. Thank you very much, Linda. Linda's a partner in the Washington, DC office of White & Case and is a tax specialist. ...

Recorded on: Feb. 21, 2013

PAMELA A. MANN: Hello, everyone and welcome to the afternoon session of our PLI conference on Nonprofit Organizations. I'm very pleased to introduce at this time my colleague, Anne Gerson. She represents and counsels tax exempt organizations on a wide variety of matters, including formation and choice of entity form, corporate governance, and fiduciary issues, and establishment and preservation of tax exempt status. She frequently provides guidance ...

Recorded on: Feb. 21, 2013

DOREEN ODOM: It is now my pleasure to introduce you to the chair of today's program, Pamela A. Mann. Pamela Mann is chair of the Tax Exempt Organizations Group in the firm of Carter, Ledyard & Milburn, LLP, with a practice concentrated in the representation of tax exempt organizations. From 1996 to December, 2012, she was Principal in the Mann Legal Group LLC, a boutique law firm serving tax exempt organizations. From 1985 to 1995, Ms. Mann was ...

Recorded on: Feb. 21, 2013

PAMELA MANN: Our last speaker today is Sean Delaney. Sean Delaney is the executive director of the Lawyers Alliance of New York, the leading provider of pro bono business legal services to community development organizations and other nonprofit groups in New York City. From 1997 to 1999, Mr. Delaney served as the legal director of the Lawyers Alliance. Prior to his work with Lawyers Alliance, Mr. Delaney served as the chief of the charities bureau ...

Recorded on: Feb. 21, 2013

PAMELA A. MANN: OK. Break's over. I am very happy to introduce our next speaker, Dave Shevlin, who is a partner and the head of the Exempt Organizations Group at Simpson Thatcher & Bartlett in New York City. He has been with Simpson Thatcher for a number of years, where he advises a variety of international and domestic exempt organizations, including "Friends of" organizations and all forms of private foundations and public charities. He ...

Recorded on: Feb. 21, 2013

BETH OTTEN: Thank you, Pamela. Welcome everybody. And I want to thank Pamela, who has done work with Planned Parenthood in the past. So that's where I had the pleasure of meeting her. As Pamela said, I'm going to talk to about governance. And I'm also going to cover special issues that have to do with Executive Order 38, which has to do with executive compensation and limitations on administrative expenses for state funded organizations in New York. So ...

Recorded on: Feb. 15, 2013

SANFORD C. PRESANT: What time are we starting? ANDREA MACINTOSH WHITEWAY: 11:30. SANFORD C. PRESANT: I can't see what time it is. Now it is. OK, folks. ANDREA MACINTOSH WHITEWAY: Wait a minute. We can't start. They're not turning the microphones on yet. SANFORD C. PRESANT: I know. I know. I got it. I got it. Only one added to our panel is Andrea. OK. JAMES M. LOWY: 11:30. SANFORD C. PRESANT: OK. Hi, everybody. Welcome back. We're continuing ...

Recorded on: Feb. 15, 2013

BLAKE D. RUBIN: So we're going to start with recent developments in partnership taxation, also the real estate stuff. In terms of materials, there's an outline at page 47 in the book. And then copies of the slides have been handed out. Let me mention, in general the slides in the outline correspond. But the version of the slides is a little more up to date than the outline. If people are interested in the more up to date outline, which covers the ...

Recorded on: Feb. 15, 2013

SANFORD C. PRESANT: OK, well, we have an august panel up here joining us now. Jim Lowy is the featured speaker. He's to my right. Jim, just put your hand up. Well, he did some materials for us. So we're going to do some examples, some application examples. Is everyone excited about doing tax allocations? It's always the high point of my day when we work. OK, so Jim Lowy's principal in the JV and partnership tax consulting group of national tax department ...

Recorded on: Feb. 15, 2013

LESLIE H. LOFFMAN: OK. We are back. This is our session on REIT developments. Let me tell you that REITs continue to be a major factor in the real estate markets. According to NAREIT, between 15 to 18% of all investment grade real estate are held by REITs. I looked up how the REITs did last year. Dow Jones equity All REIT Index had a total return of 20% for 2012, more than double its rate in 2011, and the fourth consecutive year that REITs beat the ...

Recorded on: Feb. 15, 2013

BLAKE RUBIN: Good morning and welcome back. And thanks to all the brave souls in the room here who have showed up, notwithstanding the snowstorm of the century, or whatever it is that we're predicting for New York City, and welcome-- ADAM HANDLER: Snowmagedon. BLAKE RUBIN: Snowmagedon, OK. And also, thanks to the people who are on the web. Sandy and Les both have bailed on us, unfortunately. Sandy to take a flight home to Los Angeles, and Les is ...

Recorded on: Feb. 15, 2013

BLAKE RUBIN: All right, let's get started again. We've got a few more interesting tax quotes that we can throw out and ask people if they know who said them. "If you get up early, work late, and pay your taxes, you will get ahead, if you strike oil." J. Paul Getty. All right, "The federal income tax system is a disgrace to the human race." President during the 1970s. Guesses? Come on, we're giving away free iPads for correct guesses. BAHAR ...

Recorded on: Feb. 13, 2013

AMY TAUB: Thank you. Hello. My name is Amy Taub, and I'm a program attorney with PLI. I would like to welcome you to today's briefing, "Reading Public Company Financials, What You Need to Know". Before I begin, I have some administrative announcements. This briefing will be one hour in length. Please feel free to send questions at any time during the briefing. Please remember that you have access to materials for this briefing via the course ...

Recorded on: Jan. 29, 2013

STUART M. FINKELSTEIN: OK. I don't have Richard Goldberg to give me an introduction, so I guess I will introduce myself. I am Stu Finkelstein, a partner at Skadden Arps here in New York. Tax jockey. Tax guy. Been doing this, I was just telling somebody, going on 28 years. Which is a little scary. All at Skadden actually. The only job I've had. A couple ground rules. Not really ground rules. But here's the way I like to do these things. I think it's ...

Recorded on: Jan. 14, 2013

MALE SPEAKER: Good morning to everyone in the room here, and on the web. Welcome back for day two of our program. This morning, for the first segment, we're going to talk about more financial products, a different type. And then we're going to have a pause to hear from a tax practitioner about some of the tax issues that arise in this area of practice. We can never cover everything, so each year, we choose topics that seem to be topical and interesting. I ...