Alex Raskolnikov to Testify Before Joint Hearing on Tax Treatment of Financial Products

Media Contact: Public Affairs, 212-854-2650 or [email protected]

 

New York, Dec. 2, 2011—The U. S. Senate Committee on Finance and the U.S. House Committee on Ways and Means will hold a joint hearing, “Tax Reform and the Tax Treatment of Financial Products,” on Dec. 6.

 

Senate Finance Committee Chairman Max Baucus (D-Mont.) and House Ways and Means Chairman Dave Camp (R-Mich.) convened the hearing to consider how Congress should respond to the “potentially inconsistent tax treatment of economically similar financial products, so that such products are structured to meet economic and business purposes rather than to meet tax planning objectives.” 

 

Alex Raskolnikov, Charles Evans Gerber Professor of Law at Columbia Law School, has been asked to testify on the framework for considering the issues related to a fundamental reform of taxation of financial products.  A leading tax lax expert, Raskolnikov’s scholarship focuses on economic analysis of tax law, tax enforcement, and tax administration. He also writes about the challenges of derivatives taxation and the reform alternatives in this area.

 

Other witnesses (as of today) include: Thomas A. Barthold, Chief of Staff, Joint Committee on Taxation; Andrea S. Kramer, Partner, McDermott Will & Emery LLP; and David S. Miller, Partner, Cadwalader, Wickersham & Taft LLP.

 

The hearing will take place at 10:00 a.m. on Tuesday, December 6 in Room HVC-210 of the U.S. Capitol Visitor Center. 

# # #

Columbia Law School, founded in 1858, stands at the forefront of legal education and of the law in a global society. Columbia Law School combines traditional strengths in corporate law and financial regulation, international and comparative law, property, contracts, constitutional law, and administrative law with pioneering work in intellectual property, digital technology, tax law and policy, national security, sexuality and gender, and environmental law.

Visit us: http://www.law.columbia.edu/
Follow us on Twitter: http://www.twitter.com/columbialaw