Intel Vice-President to Address Corporate Tax Issues at NUI Galway

Monday, 25 August 2008

Intel's senior executive responsible for all government negotiations associated with site selection will address an international conference at NUI Galway on Thursday, 4 September. Nanci Palmintere, who is currently Vice-President of Finance and Enterprise and Director of Global Tax and Trade for Intel Corporation, will visit NUI Galway to deliver the keynote address entitled 'Tax and Business Aspects of Site Selection' at the 17th Annual Tax Research Network (TRN) Conference. The TRN is an interdisciplinary organisation set up to encourage research into all aspects of taxation. Its annual conference, which is being held in Ireland for the first time, will run from 4-5 September at NUI Galway's J.E. Cairnes Graduate School of Business and Public Policy. The event will bring together academics engaged in taxation research, as well as representatives from the accounting professional bodies, tax practitioners, tax executives in industry, the Irish and UK Revenue Authorities. Speaking ahead of the event, conference organiser Dr. Emer Mulligan, Department of Accountancy and Finance, NUI Galway, said: "Corporation tax is an important source of revenue for government and in times of global economic downturn issues surrounding taxation become ever more pertinent. The Irish government has made a guarantee that the 12.5% rate of corporation tax will remain. Consideration must be given however to how best the tax system can encourage economic activity, while funding necessary public services and assisting government in meeting its social objectives." Dr. Mulligan added: "Nanci Palmintere is an internationally recognised expert in taxation and will, I expect, deliver a very rich and thought provoking presentation. She is responsible for a broad range of activities including negotiation with the IRS and foreign tax authorities, tax planning for mergers and acquisitions, and negotiating with governments for tax incentives associated with site selection for Intel." Frank Daly, who heads up the recently formed Commission on Taxation in Ireland, will speak at the conference dinner. Areas being investigated by the Commission include the role of the tax system in encouraging long term savings to meet the needs of retirement, and fiscal measures needed to protect and enhance the environment. Other papers at the conference will cover a range of topics including tax avoidance, dividend tax capitalisation, the impact of a changed capital gains tax regime on dividend policy, procedural justice principles and tax compliance in Ireland, the plant/building distinction, and the impact of education and regulation on the quality of services offered by tax agents. For further information on the conference visit conference.ie
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