David M. Penney
TEI International President, General Motors of Canada Limited
A member of TEI’s Toronto Chapter for nearly two decades, Mr. Penney previously held several important positions in TEI’s leadership, most recently as Senior Vice President and chair of the Continuing Education Committee. He has been a member of TEI’s Executive Committee and Vice President for Canadian Affairs in 2004-2005. He has also chaired TEI’s Canadian Income Tax Committee. Mr. Penney has served as President of the Toronto Chapter as well as the chapter’s representative on TEI’s Board of Directors.

A chartered accountant with a B. Commerce degree from Carleton University, Mr. Penney began his tax career with Revenue Canada (now called the Canada Revenue Agency), rising to the position as Section Chief of the Large File Program in the Toronto East Tax Services Office. He joined General Motors Canada in 1991. He has served as a member of the tax agency’s Large File Advisory Committee, and has participated in numerous meetings with government tax officials, in Canada and the United States. In addition to his TEI activities, Mr. Penney has chaired the tax committees of the Toronto Board of Trade, the Canadian Manufacturers & Exporters Association, and the Canadian Vehicle Manufacturers Association.

The three-day educational portion of this conference will be held at the Grand Hyatt Washington Hotel on March 25-28, 2012.

A preliminary program will be available in early 2012. Session topics to include

Prospects for Tax Reform; Choosing a Tax Effective Regional HQ Company in Asia & Latin America; Key Financial Reporting Issues in Accounting for Income Taxes in Tax Controversies; Managing the Risk of a Mobile, Global Workforce; Alternative Apportionment: Now a Mainstream Approach; Top 10 Partnership Tax Developments; An Investor's View of Tax; Cash Tax Savings: Credits & Incentives; World Class Tax Department: What Does It Look Like?; Demonstrating the Value of the Tax Brand to Management; Transfer Pricing, Indirect Taxation, and Customs Duties: Interplay and Common Issues; Update on Significant Corporate and Consolidated Return Cass, Rulings and Guidance; Update on OECD and UN Tax Activities; Research Credits Are a Top 3 Schedule UTP Item: Do You Have Your Documentation?; Transfer Pricing: Are States Taking the Gloves Off?; Federal Tax Considerations in Intragroup Restructuring; Introducing a National VAT: What Not to Do; Update on Financial Reporting Developments, including FIN 48 Post-Implementation Review; Federal and State Tax Traps of a Mobile Workforce; Debt vs. Equity in Related Party Transactions; and more...