On Thursday, June 17, the Contemporary Issues Discussion Group will delve into “The Biden Tax Proposals: Impact and Implications,” with Kendal resident Victor Zonana as lead discussant.
The discussion will be centered on the proposed changes applicable to: (1) individuals, (2) capital gains, (3) corporations, and (4) US multinationals. These changes raise important policy questions as to who will bear the burden of increased taxes and who will benefit from the changes.
Do the changes reflect, as asserted by the Administration “fair and efficient” tax reform designed to put our country on a long-term fiscally sustainable path?
Victor is a tax lawyer. In 1966, he began his professional life after earning a Masters of Law in Taxation from NYU Law School. Except for a brief stint as a government official (Deputy Tax Legislative Counsel, US Treasury Department, 1975-1976), he spent the next 52 years splitting his time almost equally between private practice and academia.
He has been a tax partner in major international law firms, Kaye Scholer and Arnold Porter (1980-1996), Professor of Law at NYU (1969-1980) and Brooklyn Law School (1996-2002) where he also served as Associate Dean for Academic Affairs.
In 1994, while on sabbatical from his law firm, he served as the Charles S. Lyon Visiting Professor at NYU and as Consultant to the Office of the Chief Counsel at the IRS. He was tapped at that time by President Clinton as the intended nominee to serve at the Chief Counsel of the Internal Revenue Service but later withdrew because of timing uncertainties.
He joined KPMG in 2002 to serve as a seconded tax partner in London (2002-2006) and then in New York to help KPMG’s private equity initiative. He retired from KPMG in 2009 and returned to NYU Law School as a full-time Academic Adjunct Professor of Law for the next 10 years, teaching principally Corporate and International Tax.
Victor, and his wife Mary Linda, reside in Alida.
The discussion will begin at 10:00 am. Those who do not regularly receive CIDG Zoom invitations and wish to should contact Gene DuBow.