Podcasts

Sullivan & Worcester hosted "International Tax Reform in an Obama Administration," sponsored by the International Tax Committee of the Boston Bar Association

Douglas S. Stransky is the co-chair of the International Tax Committee. World-renowned International Tax Expert, Daniel M. Berman, currently Director of the Graduate Tax Program and Professor of the Practice of Tax Law at Boston University School of Law, presented his thoughts on international tax reform in an Obama Administration. This program offered a unique opportunity to gain insight into what international tax practitioners might expect in an Obama Administration. Please select this link to access an audio recording of Mr. Berman's talk.

 Tax and Executive Compensation Issues Related to the Capital Purchase Program (CPP) and the Credit Crisis

S&W Credit Crisis Task Force Webinar Series
Thursday, November 20, 2008 (1:00pm - 2:00pm) EST

As companies move closer to implementation of the CPP, established pursuant to the Emergency Economic Stabilization Act of 2008, the Internal Revenue Service and the Treasury Department have provided detailed advice in certain specified tax areas related to both the effect of participation in the CPP and certain other government investment programs and the credit crisis generally. Although much of the Webinar will focus on topics pertinent to financial institutions, other aspects of the program will address a variety of tax issues relevant to a wide range of taxpayers. Topics will include:

  • Advice pertaining to the recognition of and ability to utilize certain losses
  • Key international tax provisions
  • Newly enacted limitations on executive compensation arrangements

Presentation - Tax and Executive Compensation Issues Related to the Capital Purchase Program (CPP) and the Credit Crisis

The Capital Purchase Program (CPP) vs. the Temporary Liquidity Guarantee Program (TLGP) - What Bank Management Needs to Know

S&W Credit Crisis Task Force Webinar Series
November 6, 2008 - 1:00PM - 2:00PM EST

As we move closer to the U.S. Treasury's deadline of November 14 for the CPP and the FDIC's opt-out deadline of November 12 for the TLGP, bank management is grappling with difficult and unprecedented questions. The panel for this informative Webinar, included a former senior counsel for the Federal Reserve, and was intended to help bank directors and other senior managers address the following critical issues:  

  • How are CPP and TLGP different? Are the purposes of the programs different? What are the results of non-participation?  
  • What procedural steps (e.g., board committees, retaining outside experts, etc.) should a board consider in evaluating whether to participate in the CPP or the TLGP? 
  • Since the application for funding must go through a Federal regulatory agency, does filing the application, or opting out of the programs, itself create concerns with the agency regarding the bank's safety and soundness or have the potential to harm the bank's reputation?