October 4, 2023 | Debating the Global Minimum Tax
As a global minimum tax attracts growing support around the world, discussion about it continues to unfold in the United States. Our panel will thoroughly examine this multifaceted and controversial issue -- discussing the pros and cons of such a tax and encompassing the perspectives of both legislators and industry leaders.
Tax Analysts is offering this episode of Taxing Issues as a free service to the public, and all attendees can receive CPE credit. To do so, you must register for the webcast before it starts and log in no later than the scheduled start time. You also must request CPE credits before each webcast, and you must answer the polling questions that will be asked throughout the event.
ABOUT THE SPEAKERS
President and CEO, Tax Analysts
As the moderator for our Taxing Issues webinars, Cara objectively analyzes issues and asks probing questions that challenge panelists to explain and defend their positions.
When she’s not moderating Taxing Issues webinars, Cara provides strategic oversight for Tax Analysts. She has led efforts to improve the Tax Notes suite of products and to aggressively pursue transparency in the administration of tax systems. Previously, Cara managed the editorial department, including the flagship daily news publications and weekly magazines. She has written for a broad range of tax policy publications, including Tax Notes State, The Tax Adviser, The Hedge Fund Law Report, and The Hill. She regularly speaks at tax conferences and other events, discussing a variety of technical tax issues as well as the need for transparency in tax administration.
Cara has a BA in political science and a BA in international studies from the University of Evansville and a JD from the George Washington University Law School.
Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law
Kimberly Clausing holds the Eric M. Zolt Chair in Tax Law and Policy at the UCLA School of Law.
During the first part of the Biden Administration, Clausing was the Deputy Assistant Secretary for Tax Analysis in the US Department of the Treasury, serving as the lead economist in the Office of Tax Policy. Prior to coming to UCLA, Clausing was the Thormund A. Miller and Walter Mintz Professor of Economics at Reed College.
Her research examines how government decisions and corporate behavior interplay in the global economy. She has published numerous articles on the taxation of multinational firms, and she is the author of Open: The Progressive Case for Free Trade, Immigration, and Global Capital (Harvard University Press, 2019).
Professor Clausing is a nonresident senior fellow at the Peterson Institute for International Economics, a member of the Council on Foreign Relations, and a research associate at the National Bureau of Economic Research. She has worked on economic policy research with the International Monetary Fund, the Hamilton Project, the Brookings Institution, the Tax Policy Center, and the Center for American Progress. She has testified before the House Ways and Means Committee, the Senate Committee on Finance, the Senate Committee on the Budget, and the Joint Economic Committee.
Professor Clausing has received two Fulbright Research awards (to Belgium and Cyprus), and her research has been supported by external grants from the National Science Foundation, the Smith Richardson Foundation, the International Centre for Tax and Development, the U.S. Bureau of Economic Analysis, and the Washington Center for Equitable Growth.
Professor Clausing received her B.A. from Carleton College in 1991 and her Ph.D. from Harvard University in 1996, both in economics.
Professor at the University of Florida Levin College of Law and counsel for Potomac Law Group
Ms. Herzfeld specializes in cross-border taxation, and has experience advising both public and private clients in complex international acquisitions, dispositions, and joint ventures. She also regularly consults with clients on international tax policy developments.
Ms. Herzfeld is a Professor of Tax Practice at the University of Florida, Frederic G. Levin College of Law, where she teaches courses in tax policy and international taxation for LL.M students. Since 2014, she has been a Contributing Editor to Tax Notes International, a weekly magazine on tax developments published by Tax Analysts. In that capacity, she has written over 250 articles on international tax policy developments and cross-border transactions and has also written extensively on U.S. tax reform efforts. She is the author of the bestselling introduction to the field, International Taxation in a Nutshell, 12th ed. (West 2020).
Previously, Ms. Herzfeld worked at the national tax office and the New York office of a Big 4 accounting firm, where she provided transactional advice to U.S. and foreign multinational corporations, private equity funds, venture capital funds and individuals on a broad range of U.S. and cross-border tax issues. She began her career in the New York office of a global law firm and has also worked as in-house tax counsel at a large automotive manufacturing company.
Ms. Herzfeld received her J.D. from Yale Law School and her LL.M. from Georgetown University Law Center.
Of counsel to Caplin & Drysdale and senior fellow at the Duke Center for International Development at Duke University
Peter Barnes has taught and practiced international tax law for more than 40 years. He is Of Counsel to the law firm of Caplin & Drysdale, Chartered, and a Senior Fellow at the Duke Center for International Development at Duke University.
Barnes currently is serving a two-year term as President of the International Fiscal Association (IFA), the largest global organization for international tax professionals. IFA has approximately 13,000 members, from more than 100 countries.
From 1986 to 1991, Barnes worked at the International Tax Counsel’s Office at the US Department of Treasury; he concluded his term of service as Deputy International Tax Counsel. In that role, Barnes negotiated tax treaties, developed legislation, worked on tax regulations and represented the US on tax treaty matters at the OECD.
For more than 22 years, from 1991 to 2013, Barnes was Senior International Tax Counsel at General Electric Company. He has taught international tax, tax treaties and other courses at Duke University and in the graduate tax program at New York University law school.
Barnes is a graduate of the University of North Carolina and earned his law degree at Yale University.
Harvey R. Miller Professor of Law and Economics and dean emeritus at Columbia Law School
David M. Schizer served as a dean of Columbia Law School from 2004 to 2014 and is one of the nation’s leading tax scholars. His research also focuses on nonprofits, energy law, and corporate governance. He is the author of How to Save the World in Six (Not So Easy) Steps: Bringing Out the Best in Nonprofits. He is a founder and co-director of the Richard Paul Richman Center for Business, Law, and Public Policy, a founder and co-chair of the Center for Israeli Legal Studies, and a founder and co-chair of the Charles Evans Gerber Transactional Studies Center.
Schizer has won the Willis L.M. Reese Prize for Excellence in Teaching and has served as a visiting professor at Yale, Harvard, and Georgetown. He also has taught at Tokyo University, Hebrew University, the Interdisciplinary Center in Herziliya, and Ono Academic College.
At 35, Schizer was the youngest dean in Columbia Law School’s history and the longest-serving dean since 1971. Before joining the law school faculty in 1998, Schizer was a law clerk for Ninth Circuit Judge Alex Kozinski and for Supreme Court Justice Ruth Bader Ginsburg. Schizer began his career in the tax department of Davis Polk & Wardwell.
While on a three-year leave from the law school from 2017 to 2019, Schizer served as executive vice president and CEO of the American Jewish Joint Distribution Committee.
Schizer serves on the boards of the Ramaz School and the Columbia Law Review, and he also has served on the boards of other nonprofits, as well as public and privately owned companies, including 92NY, Seacor Holdings Inc., Feil Properties, and the owner of the Philadelphia Inquirer.