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UF Law hosts sixth annual International Tax Symposium

Tax Symposium

Tax symposium attendees applaud the various expert speakers. (Photo by Andres Farfan)

By Matt Walker
Senior Writer

The University of Florida Levin College of Law's Graduate Tax Program held its sixth annual International Tax Law Symposium on Oct. 29 at the Martin H. Levin Advocacy Center. The symposium featured presentations by distinguished members of the global tax community and commentary from UF Law Graduate Tax professors Stephen J. Powell, Lawrence Lokken and Yariv Brauner.

"It was a very successful conference," said Michael Friel, associate dean and director of the Graduate Tax Program. "The speakers did an excellent job on cutting-edge topics in the world of international taxation."

The symposium began with a presentation by economist Charles E. McLure Jr., senior fellow at the Hoover Institution, Stanford University. In the lecture, which was titled "The GATT — Legality of Border Adjustments for Carbon Taxes and the Cost of Emissions Permits: a Riddle, Wrapped in a Mystery, Inside an Enigma," McLure discussed the sometimes difficult topic of carbon taxes and how they are handled in developed countries like the United States and in less industrialized countries.

Next, University of Southern California Gould School of Law Professor Edward D. Kleinbard presented his lecture, "Stateless Income." Kleinbard defined stateless income as being "income derived by a multinational group from business activities in a country other than the domicile (however defined) of the group's ultimate parent company, but which is subject to tax only in a jurisdiction that is neither the source of the factors of production through which the income was derived, nor the domicile of the group's parent company."

The last presentation, "The Common Consolidated Corporate Tax Base," was given by Bertil Wiman, professor of international tax law at Uppsala University. Wiman discussed the international tax implications of a common corporate tax base in Europe.

Friel said the feedback on the symposium has been very positive and he is looking forward to doing it again next year.

For the first time, the symposium was streamed live via the Internet and people attended the conference via the webcast from several locations in the United States and a number of foreign countries, Friel said.

An archived version of the International Tax Law Symposium can be viewed here.