Paul L. Caron
Dean
Pepperdine Caruso
School of Law
Tax News
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President Biden Nominates Three Tax Court Judges
The White House, President Biden Announces Key Nominees: Jeffrey S. Arbeit is a legislation counsel with the staff of the Joint Committee on Taxation. His work focuses primarily on international tax and issues related to financial assets, transactions, and markets. Before joining the staff in 2015, Arbeit was a tax associate at Sullivan & Cromwell
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Tax Policy In The Biden Administration
Americans For Tax Fairness, CBO: Extending Trump Tax Cuts Will Cost Nearly $5 Trillion Bloomberg, Trump Individual, Estate Tax Cut Renewal to Cost $4.6 Trillion Center for American Progress, Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade Center for American Progress, The Tax Cuts and Jobs Act Failed To
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Tax Policy In The Biden Administration
Americans For Tax Fairness, CBO: Extending Trump Tax Cuts Will Cost Nearly $5 Trillion Bloomberg, Trump Individual, Estate Tax Cut Renewal to Cost $4.6 Trillion Center for American Progress, Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade Center for American Progress, The Tax Cuts and Jobs Act Failed To
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Law School Dean Developments
Law.com, 'Dean Developments': Several Deans Move Long Distance: There may be a calm before the storm with only three dean changes within the past month, but June and July are prime time for dean moves. The University of Buffalo School of Law has named a permanent dean [S. Todd Brown], as its former dean [Aviva
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Law School Dean Developments
Law.com, 'Dean Developments': Several Deans Move Long Distance: There may be a calm before the storm with only three dean changes within the past month, but June and July are prime time for dean moves. The University of Buffalo School of Law has named a permanent dean [S. Todd Brown], as its former dean [Aviva
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Del Wright Leaves UMKC For LSU
LSU Law News, Crypto Scholar, Former US Department of Justice Prosecutor Del Wright Jr. to Join LSU Law faculty in Fall 2024 Semester: Del Wright Jr., a former U.S. Department of Justice (DOJ) prosecutor with the Tax Division and legal scholar whose research focuses on crypto and the regulation of blockchain technologies, will join the
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Del Wright Leaves UMKC For LSU
LSU Law News, Crypto Scholar, Former US Department of Justice Prosecutor Del Wright Jr. to Join LSU Law faculty in Fall 2024 Semester: Del Wright Jr., a former U.S. Department of Justice (DOJ) prosecutor with the Tax Division and legal scholar whose research focuses on crypto and the regulation of blockchain technologies, will join the
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WSJ: Reclassifying Marijuana Would Unlock Billions In Tax Savings For Cannabis Companies By Repealing Section 280E
Wall Street Journal, Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies: Many U.S. cannabis businesses could become profitable for the first time if the Biden administration follows through on its plan to reclassify marijuana as a less dangerous drug. That is because the change could lift a heavy income-tax burden: Section 280E of
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WSJ: Reclassifying Marijuana Would Unlock Billions In Tax Savings For Cannabis Companies By Repealing Section 280E
Wall Street Journal, Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies: Many U.S. cannabis businesses could become profitable for the first time if the Biden administration follows through on its plan to reclassify marijuana as a less dangerous drug. That is because the change could lift a heavy income-tax burden: Section 280E of
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Zucman: It’s Time To Tax The Billionaires
New York Times Op-Ed: It's Time to Tax the Billionaires, by Gabriel Zucman (Paris School of Economics & UC-Berkeley; Google Scholar): Until recently, it was hard to know just how good the superrich are at avoiding taxes. Public statistics are oddly quiet about their contributions to government coffers, a topic of legitimate interest in democratic
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Zucman: It’s Time To Tax The Billionaires
New York Times Op-Ed: It's Time to Tax the Billionaires, by Gabriel Zucman (Paris School of Economics & UC-Berkeley; Google Scholar): Until recently, it was hard to know just how good the superrich are at avoiding taxes. Public statistics are oddly quiet about their contributions to government coffers, a topic of legitimate interest in democratic
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ABA Tax Section 2024 May Meeting
The ABA Tax Section held its 2024 May Tax Meeting (program) last Thursday-Saturday. A highlight was Friday's Teaching Taxation program on Taxing Litigation Finance: Third-party litigation funding has rapidly grown in recent years. Policy discussion on the proper tax treatment of the parties involved, however, has fallen by the wayside. The problem is acute in
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ABA Tax Section 2024 May Meeting
The ABA Tax Section held its 2024 May Tax Meeting (program) last Thursday-Saturday. A highlight was Friday's Teaching Taxation program on Taxing Litigation Finance: Third-party litigation funding has rapidly grown in recent years. Policy discussion on the proper tax treatment of the parties involved, however, has fallen by the wayside. The problem is acute in
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ProPublica: Sports Team Owners Face New Tax Scrutiny From The IRS
ProPublica, Sports Team Owners Face New Scrutiny From IRS Over Tax Avoidance: The IRS has launched a campaign to examine whether wealthy taxpayers are violating the law when using their ownership of sports teams to save large amounts in taxes. The effort will focus on sports industry entities that are reporting “significant tax losses” to
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ProPublica: Sports Team Owners Face New Tax Scrutiny From The IRS
ProPublica, Sports Team Owners Face New Scrutiny From IRS Over Tax Avoidance: The IRS has launched a campaign to examine whether wealthy taxpayers are violating the law when using their ownership of sports teams to save large amounts in taxes. The effort will focus on sports industry entities that are reporting “significant tax losses” to
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Tax Policy In The Biden Administration
Bloomberg, ‘Bitcoin Jesus’ Charged With Evading Almost $50 Million in Taxes Bloomberg, GOP Presses Yellen on OECD, 2025 Wealthy Tax Hikes, Deficit Bloomberg, GOP Ways & Means Panel’s Tax Teams Set Busy Summer Agenda in Run-Up to 2025 Bloomberg, IRS Issues Rules on Generation-Skipping Transfer Tax Exemption Bloomberg, IRS Leak Leaves Rich Taxpayers Frustrated With Few
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Tax Policy In The Biden Administration
Bloomberg, ‘Bitcoin Jesus’ Charged With Evading Almost $50 Million in Taxes Bloomberg, GOP Presses Yellen on OECD, 2025 Wealthy Tax Hikes, Deficit Bloomberg, GOP Ways & Means Panel’s Tax Teams Set Busy Summer Agenda in Run-Up to 2025 Bloomberg, IRS Issues Rules on Generation-Skipping Transfer Tax Exemption Bloomberg, IRS Leak Leaves Rich Taxpayers Frustrated With Few
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California Legislation Would Ask Congress To Close Shohei Ohtani Tax Loophole
Following up on my previous posts (links below): The Athletic, California Lawmaker Seeks to Close Shohei Ohtani Tax Loophole: ‘It’s a Massive Hidden Ball Trick’ Shohei Ohtani will avoid paying an estimated $90 million in California state income taxes as a result of deferring nearly all of his record-setting $700 million contract with the Los
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California Legislation Would Ask Congress To Close Shohei Ohtani Tax Loophole
Following up on my previous posts (links below): The Athletic, California Lawmaker Seeks to Close Shohei Ohtani Tax Loophole: ‘It’s a Massive Hidden Ball Trick’ Shohei Ohtani will avoid paying an estimated $90 million in California state income taxes as a result of deferring nearly all of his record-setting $700 million contract with the Los
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Deanna Newton Joins Pepperdine Tax Faculty
Deanna Newton, Caruso Family Faculty Fellow at Pepperdine Caruso Law School, will join the Pepperdine Caruso Law tenure-track faculty in August. Deanna received her B.A. in political science from Loyola Marymount University in 2013; J.D. from Pepperdine Caruso Law School in 2017; and LL.M. in taxation from Northwestern University Pritzker School of Law in 2018.
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Deanna Newton Joins Pepperdine Tax Faculty
Deanna Newton, Caruso Family Faculty Fellow at Pepperdine Caruso Law School, will join the Pepperdine Caruso Law tenure-track faculty in August. Deanna received her B.A. in political science from Loyola Marymount University in 2013; J.D. from Pepperdine Caruso Law School in 2017; and LL.M. in taxation from Northwestern University Pritzker School of Law in 2018.
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Jeff Kwall Named Professor Of The Year At Loyola-Chicago Law School
From Tax Prof Jeffrey Kwall, Kathleen and Bernard Beazley Research Professor of Law at Loyola-Chicago: I am happy to report that, for the 3rd time in the past 9 years, I was elected Professor of the Year by the graduating class at Loyola Law School. I am so fortunate to be in a position to
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Jeff Kwall Named Professor Of The Year At Loyola-Chicago Law School
From Tax Prof Jeffrey Kwall, Kathleen and Bernard Beazley Research Professor of Law at Loyola-Chicago: I am happy to report that, for the 3rd time in the past 9 years, I was elected Professor of the Year by the graduating class at Loyola Law School. I am so fortunate to be in a position to
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Death Of David Herwitz (Harvard)
In Memoriam, David Herwitz (1925-2024): Scholar of Tax and Business Law: David M. Herwitz ’49, Royall Professor of Law, Emeritus, died April 8, 2024. He was 98. A scholar of tax and business law, Herwitz, who taught on the Harvard Law faculty for more than 50 years, is remembered as a beloved teacher colleague and
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Death Of David Herwitz (Harvard)
In Memoriam, David Herwitz (1925-2024): Scholar of Tax and Business Law: David M. Herwitz ’49, Royall Professor of Law, Emeritus, died April 8, 2024. He was 98. A scholar of tax and business law, Herwitz, who taught on the Harvard Law faculty for more than 50 years, is remembered as a beloved teacher colleague and