NTA-TIA Books

National Tax Association-Tax Institute of America (1950-1972)

NTA-TIA books are out of print. If NTA members cannot obtain a copy through a library search, copies of articles or the entire book may be requested through the NTA office. Single articles will be copied and mailed within one week of request for a reproduction and processing fee of $20/article. Copies of books will be provided for a fee of $150. This service available only to the NTA members.

SYMPOSIUM VOLUMES

Taxation and Business Concentration. Symposium June 15-16, 1950. Princeton, Tax Institute, 1952.

Table of Contents:

Part One – Taxation and Concentration of Business Enterprise	Page
Recent Trends in Industrial Concentration and Taxation, J. Keith Butters, Harvard University	3
Taxation and Large-Scale Retailing, Harold M. Somers, University of Buffalo	18
Concentration in the Tobacco Industry as Affected by Tax Policies, H.M. Robertson, Brown & Williamson Tobacco Company	29
Discussion of Proposed Tobacco Tax Changes, W.P. Hedrick, North Carolina Tobacco Advisory Council	40

Part Two – Retention of Earnings Essential to Business Survival and Growth
Effect of Section 102 on Concentration of Business Enterprise, Allan F. Ayers, Hodges, Reavis, McGrath, Pantaleoni & Downey	49
The Relation of Depreciation Policies to Business Concentration, Maurice E. Peloubet, Pogson, Peloubet & Company	59
Retention of Carry-Forward and Carry-Back Provisions to Business Concentration, James O., Wynn, Wynn, Taylor & Blattmachr	69
Comment on Tax Provisions Which Promote Concentration, Gustave Simons, Member of the New York Bar	78

Part Three – Competition from Tax-Exempt Forms of Business Enterprise
Damaging Competition from Farm Cooperatives, Clarence L. Turner, Turner, Crook & Zebley	83
Comment on Exemption of Farm Cooperatives, Elton Kile, Ohio House of Representatives	112
Defense of Present Tax Exemption of Farm Cooperatives, Karl D. Loos, Pope, Ballard & Loos	118
Competition from Business Enterprises of Nonprofit Organizations, Brady O. Bryson, Chapman, Bryson, Walsh & O’Connell	139
Competition from Government-Owned and Government-Financed Enterprises, Walter C. Ploeser, Grant, Ploeser, Dixon & Murphy	148
Comment on Government Enterprises, John Bauer, American Public Utilities Bureau	156
Part Four – Effect of Rates on Individuals, on Business Development, and Survival
Effect of Capital Gains Taxation on Business Development, Rudolph L. Weissmann, Franklin Cole & Company	167
Effect of Estate, Inheritance and Gift Taxes n Business Development and Survival, Edward Polisher, Member of the Philadelphia Bar	175
Discriminatory Effect of Estate Taxes on Small Business, W. T. Hackett, The Huntington National Bank	197
Part Five – Corporate Tax Provisions Affecting Business Concentration
Double Taxation of Dividends, William J. Casey, Research Institute of America	207
Effect of Present Corporate Rates on Business Concentration, Maurice Austin, Klein, Hinds & Finke	218
The Discriminatory Effect of the Excess Profits Tax, Beardsley Ruml, New York	222
Part Six – Theory of Business Taxation
The Theory of Business Taxation, Alfred G. Buehler, University of Pennsylvania	231

Excess Profits Taxation. Symposium December 8-9, 1950 Princeton, Tax Institute, 1953

Table of Contents

Part One – Preliminary Considerations	Page
The Problem of the Excess Profits Tax, Alfred G. Buehler, University of Pennsylvania	3
Concepts of Excess Profits Taxation, E. Gordon Keith, University of Pennsylvania	18
Alternative Corporate Taxes, Louis Shere, Indiana University	30
Excess Profits Taxation versus Increase in Corporate Tax, Beardsley Ruml, New York	47
Should We Have an Excess Profits Tax? Ralph E. Flanders, U.S. Senate	56
Part Two - Application of Excess Profits Taxation to Current Year’s Income
The Place of Carry-Back and Carry-Over of Credit in Excess Profits Taxation, Kenneth S. Reames, Touche, Niven, Bailey & Smart	65
Rectification of Current Year’s Income, Alger B. Chapman, Chapman, Bryson, Walsh & O’Connell	71
Should Income Tax be a Deduction for Excess Profits Tax? John McFarland, Sun Oil Company	82
Part Three – Role of Capital and Earnings in Excess Profits Taxation
The Role of Invested Capital In Excess Profits Taxation, Dan Throop Smith, Harvard University	87
The Role of Average Earnings in Excess Profits Taxation, Clarence Heer, University of North Carolina	104
Part Four – Relief
Why Do We Need Relief? Jacquin D. Bierman, J.K. Lasser & Company	119
The Impact of an Excess Profits Tax upon Television Industry, E.M. Elkin, Westinghouse Electric Company	141
The Impact of an Excess Profits Tax upon Growing Corporations, R. Gilbert Heebner, Scott Paper Company	145
The Impact of an Excess Profits Tax upon Utilities, Clarence D. Laylin, Eagleson & Laylin	148
The Impact of an Excess Profits Tax upon Banking, W. Donald Jordan, Chemical Bank & Trust Company	150
The Impact of an Excess Profits Tax upon Retailing, Chester M. Edelmann, H.L. Green Company	154
The Impact of an Excess Profits Tax upon Special Tooling, George S. Eaton, National Tool & Die Manufactures Association	158
Special Treatment of Railroads in an Excess Profits Tax Law, R.C. Beckett, Illinois Central Railroad Company	162
Proposing a Formula for Computing Excess Profits, Philip Courtney, Coty, Inc.	167
Part Five – Other Considerations
The Excess Profits Tax: Some Major Considerations Which Have Received Minor Emphasis, Leon Henderson, Research Institute of America	173

The Limits of Taxable Capacity. Symposium. November 20-21, 1952 Princeton, Tax Institute, 1953.

Table of Contents

Part One - Background Considerations	Page
Analysis of Factors Limiting Taxable Capacity, Dan Throop Smith, Harvard University	3
Governmental Expenditures - Possibilities for Control and Reduction, Rowland R. Hughes, The National City Bank of New York	15
Taxable Capacity and British and Canadian Experience, Monteath Douglas, Canadian Tax Foundation	28
Part Two - Limits of Taxable Capacity with Respect to Specific Problems
Limits of Taxable Capacity with Respect to Income Taxation, Walter W. Heller, University of Minnesota	61
Limits of Taxable Capacity with Respect to Death Taxation, Imrie deVegh, deVegh & Company	78
Taxation as an Instrument for Inflation Control, Lester Chandler, Princeton University	97
Part Three - Limits of State and Local Taxable Capacity
State and Local Taxing capacity, James A. Arnold, Princeton Surveys	109
Report from the Regional Round Tables, Eugene Shaw, North Carolina Department of Revenue	126
Part Four - Long-Range Problems
Long-Run Effects of Taxation upon Value of Money, Colin Clark, Queensland, Australia	141
Problems of Tax Compliance, Maurice G. Paul, Jr., Philco Corporation	150
Effects of Taxation upon Individual and Business Incentives, Earl R. Rolph, University of California	158
The Relation of Tax Policy to Economic Growth, H.S. Bloch, Department of Economic Affairs, United Nations	171

Federal-State Local Tax Correlation. Symposium December 3-4, 1953. Princeton, Tax Institute, 1954

Table of Contents

Part One - Background Considerations	Page
The Importance of Intergovernmental Tax Relations, Kenneth W. Gemmill, U.S. Treasury Department	3
Study and Action Relating to Federal-State Tax Relations, L.L. Ecker-Racz	13
Study and Action Relating to Federal Grants-in-Aid, Selma J. Mushkin, U.S. Health, Education and Welfare Department	34
Intergovernmental Fiscal Arrangements in Canada, J.H. Perry, Canadian Tax Foundation	53
Union-State Financial Relations in India, M.H. Gopal, Andhra University	71
Part Two - Intergovernmental Relations
Federal-State Relations, Alfred E. Driscoll, Governor of New Jersey	79
Part Three - Federal Aid and State Aid
Critical Appraisal of Federal and State Aid, Mabel Newcomer	91
Alternatives to Grants-in-Aid, Paul Studenski, New York University	101
Pennsylvania Experience, Arnold L. Edmonds, Pennsylvania State Chamber of Commerce	114
Part Four - Conflicts of Jurisdiction
Interstate Conflicts from the Standpoint of Business, W.B. Sanders, Crown Zellerbach Corporation	133
Interstate Tax Conflicts from an Administrative Viewpoint, Mortimer M. Kassell New York State Department of Taxation and Finance	142
Federal-State Tax Conflicts Can be Minimized: A Discussion of Administrative Aspects, Dixwell L. Pierce, California State Board of Equalization	150
Federal-State Conflicts from Standpoint of Business, Rowland Jones, Jr., American Retail Federation	161
Part Five - Potentialities of Cooperation
Present Procedures for Cooperation in Federal, State, and Local Taxation, William F. Connelly, Connecticut State Tax Commission	179
Auditing Cooperation, Allen J. Goodrich, New York State Tax Commission	189
Tax Sharing, Tax Credits, and Tax Supplements, Paul J. Strayer, Princeton University	195
Deduction of Taxes Paid to Another Jurisdiction, Jesse R. Fillman, Carter, Ledyard & Milburn	201
Possibilities for Interstate Cooperation in the Area of Allocation Formulas, George H. Kittendaugh, General Electric Company	205
Domicile Problems, Carter T. Louthan, Mitchell, Capron, Marsh, Angulo & Company	211
Uniformity in Definitions, K.C. Littlefield, cities Service Oil Company	217

Financing Metropolitan Government. Symposium November 18-19, 1954. Princeton, Tax Institute, 1955

Table of Contents

Part One - Metropolitan Areas	Page
Definition of a Metropolitan Area. U.S. Bureau of the Census
Financial Problems of the Metropolitan Area. Lennox L. Moak, Pennsylvania Economy League	3
Part Two - Economic Trends Affecting Metropolitan Government
Trends in Industrial Location, Malcolm C. Neuhoff, National Industrial Conference Board	13
Development of Shopping Centers, Arthur Rubloff, Arthur Rubloff & Company	23
Trends in Residential Building, E. Everett Ashley, Housing and Home Finance Agency	28
Some Influences of Traffic and Parking on Metropolitan Growth, Theodore M. Matson, Yale University	38
Plant Dispersion for Security Reasons, Clayton S. Cronkright, Public Service Electric and Gas Company	43
Potential Use of Atomic Energy by Industry, J. Carlton Ward, Jr., Vitro Corporation of America	46
Fiscal Significance of Economic Trends Affecting Metropolitan Government, Sherwood Reeder, Pennsylvania Economy League	58
Part Three - Specific Problems Affecting Metropolitan Finance
The Relation of Metropolitan Planning Needs to Financing Metropolitan Government, Henry Fagin, Regional Plan Association	79
Transportation in Metropolitan Areas, William Reid, Hudson & Manhattan Railroad Company	85
Sewage and Water Problems as They Affect Metropolitan Financing, Harry B. Shaw, Washington Suburban Sanitary Commission	94
Assessment of Property in Metropolitan Areas, Thomas A. Byrne, Milwaukee Tax Commission	111
The Debt of Metropolitan Areas in the United States, Cushman McGee, R.R. Pressprich & Co.	125
Part Four - Intergovernmental Aspects of Metropolitan Finance
The Federal Impact on Metropolitan Finance, George W. Mitchell, Federal Reserve Bank of Chicago	141
The State Impact on Metropolitan Area Finance, Frederick L. Bird, Dun & Bradstreet	150
The Complex Finance of Metropolitan Detroit, Alfred M. Pelham, Wayne County, Michigan	161
Financing Toronto’s New Metropolitan Government, G. Arthur Lascelles, Municipality of Metropolitan Toronto	172
Part Five - Taxation for Metropolitan Government - Looking Ahead
Municipal Tax Problems, Weston Vernon, Jr., Millbank, Tweed, Hope and Hadley	191
Revenue Improvements under Present Laws and Government Structure, Alfred G. Buehler, University of Pennsylvania	200
Can Each Unit "Go It Alone"? Philip Hammer, Hammer & Company, Inc.	215
Is Authority Financing the Answer? H.F. Alderfer, The Pennsylvania State University	224
An Ideal Theoretical Plan of Finance for a Metropolitan Area, Simeon E. Leland, Northwestern University	233

Financing Education in the Public Schools. Symposium November 3-4, 1955. Princeton, Tax Institute, 1956

Table of Contents

Part One - Federal Aid to Education-The Overall Problem	Page
Federal Responsibility in a Period of Extraordinary Enrollment Increases, Edgar Fuller, Council of Chief State School Officers	3
Federal Aid to Education, Carter W. Atkins, Connecticut Public Expenditure Council	16
Findings and Recommendations of Commission on Intergovernmental Relations. T. Norman Hurd, Cornell University	24
Agreements and Disagreements on Federal Aid to Education, Herbert J., Miller, Tax Foundation	33
General Comments on Federal Aid to Education, Herbert Ellis Newman, University of Delaware	36
Part Two - Capital School Financing - The Needs and the Methods
The Influence of Population Mobility on the Need for New Schools, Carl D. Morneweck, Pennsylvania Department of f Public Instruction	57
The Influence of School Reorganization on Capital Requirements: Relationship of Area to Administration, Attendance and Finance, Clarence E. Ackley, Clarence E. Ackley & Associates	69
The New Jersey Proposal - Capital Aid and the Foundation School Program, Frederick Raubinger, New Jersey Commissioner of Education	77
State Aid for capital School Finance, Stanley J. Bowers, Ohio State Tax Commissioner	83
Importance of Fiscal Procedures in Capital School Financing, Wade S. Smith, Dun & Bradstreet	87
Part Three - Basic Considerations in Educational Finance
The Foundation School Program - Its Purpose and Definition, A.W. Schmidt, New York State Assistant Commissioner of Education	103
Support of the Foundation School Program - Problems of the State and Local Share, William Miller, New York University	110
State Aid and School Finance in Michigan, Alan L. Gornick, Ford Motor Company	122
Foundation Support in Texas, Claude S. Holloway, Texas Research League	130
Importance of School District Reorganization in Foundation Programs, William Arnold, University of Pennsylvania	135
Part Four - Public Personnel Policies in Education
The Teacher’s Pay and the Teacher’s Work, Homer E. Scace, Empire State Chamber of Commerce	165
Public Personnel Policy in Education, Alonzo Grace, New York University	174

Financing Highways. Symposium November 8-9, 1956. Princeton, Tax Institute, 1957

Table of Contents

Part One - The Role of An Adequate Highway System in the National Economy	Page
What Do We Want the Highway System to Do? Wilfred Owen, The Brookings Institution	3
What Can We Get under the Ne Highway System? Robinson Newcomb, Robinson Newcomb Associates	12
Where Do We Go from Here in Highway Development? Arthur C. Butler, National Highway Users Conference	31
Part Two - Reapportioning Fiscal Responsibility- Impact of New Program on State and Local Governments
Effect of New Federal Aid Highway Act on Federal-State Relations, Edward A. Lutz	57
Financing the State’s Share of the Highway System, Frank Bane, Council of State Government	65
The State’s Responsibility for State-Local Action, Frank C. Moore, Government affairs Foundation	71
The City and the Transport Revolution, Frank W. Herring, The Port of New York Authority	81
Part Three - Role of Highway User Revenues in Financing the Program
Basic Theory of State Highway Financing, William D. Ross, Louisiana State University	107
The Outlook for Present and Future Toll Facilities, Albert J. Wedeking, Indiana Toll Road Commission	128
Financing Urban Roadways, Lyle C. Fitch, New York City Division of Administration	136
Part Four - Problems Arising Out of Specific Taxes
The Problem of Federal Truck Taxation, G.P. St.Clair, U.S. Bureau of Public Ropads	165
Problems Arising Out of Third Structure Taxes, Stanley J. Bowers, Ohio Tax Commissioner	175
The Effects of the New Federal Program in State Motor Fuel Tax Administration, Armand J. Salmon, Jr., New Jersey Motor Fuels Tax Bureau	185
Part Five - Expediting the Highway Program
How to Get Citizen Support for Highway Financing, Francis Jacobs, Mayor of Phillipsburg, Kansas	199
Removing the Financial Roadblocks, Frederick L. Bird, Dun & Bradstreet	208

Income Tax Differentials. Symposium November 21-22, 1957. Princeton, Tax Institute, 1958

Table of Contents

Part One - Background Considerations	Page
General Policy Problems of Tax Differentials, Dan Throop Smith, U.S. Treasury Department	3
Comparisons of Tax Differentials in the United States, Canada, and Britain, Harold R. Kent, New York	11
The Income Tax Base for Individuals, Stanley S. Surrey, Harvard Law School	34
Part Two - Tax Differentials in Compensation
Tax Differentials in Executive Compensation, Robert A. Schulman, Wenchel, Schulman & Manning	67
How Workers Look at Tax Problems, Peter Henle, AFL-CIO	82
Compensation for the Artist and the Inventor, Jacquin D. Bierman, J.K. Lasser & Company	95
An Appraisal of Proposals for Tax Differentials in Compensation, C. Lowell Harriss, Columbia University	99
Part Three - Tax Differentials and Their Effect on Investment
Differentials form the Standpoint of the Corporation, William J. Case, Institute for Business Planning	131
Differentials from the Standpoint of the Investor, Leon O. Stock, Peat, Marwick, Mitchell & Co.	144
An Appraisal of Proposals for Tax Differentials Affecting Investment	154
Part Four - Double Taxation of Dividends
Double Taxation of Dividends, Ralph E. Flanders, U.S. Senate	185
Part Five - How Taxes Should be Reduced
How Taxes Should be Reduced, Thomas C. Atkeson, College of William and Mary	199
Tax Reduction from Retailers’ Viewpoint, Chester M. Edelmann, H.L. Green Company	215
Early Tax Reduction Unlikely, Marion H. Gillim, Barnard College	218
Evaluation of Sadlak-Herlong Bills, John C. Davidson, National Association of Manufacturers	220
Benefits from Overall Rate Reduction, Clarence L. turner, Turner, Crook, Zebley and Parry	225

Reappraisal of Business Taxation. Symposium December 7-8, 1961. Princeton, Tax Institute, 1962

Table of Contents

Part One - The Role of Business as an Object of Taxation	Page
How Shall Business be Taxed: Basis for Reappraisal, Harold M. Groves, University of Wisconsin	3
Approaches to the Taxation of Business, Solomon Barkin	17
Taxation of Business, Leonard E. Kust, Westinghouse Electric Company	25
The Taxation of Business, Alfred C. Buehler, Wharton School	33
Part Two - Business Taxation as Affected by Business Form
Forms of Business and Federal Income Taxation, Leonard L. Silverstein, Silverstein and Mullens	55
Part Three - Some Problems in State and Local Taxes on Business
States’ Rights and the Single Market Concept, John F. Tarrant, Connecticut State Tax Department	67
The Scope of State Sales Taxation, Wylie Kilpartrick, University of Florida	76
Should Conflicts in State Allocation of Business Income be Tolerated, Maneuvered, or Resolved? Ira J. Palestin	86
Part Four - Tax Policies in Relation to Investment and Economic Growth
Gains and Losses from the Sale or Exchange of Business Property, William M. Horne, Jr., Olin Mathieson Chemical Corporation	103
Deprecation, Obsolescence, and Depletion, Dan Throop Smith, Harvard University	113
Tax Credits, Alan L. Gornick, Ford Motor Company	129
Expansion Plans and the Accumulated Earnings Tax, Robert S. Holtzman, New York University	142
Reaction of a Ways and Means Committee Member, Jackson E. Betts, U.S. House of Representatives	151
Part Five - Reconstitution of Business Taxes
Flat Rate Corporation Tax versus Present Tax, E. Gordon Keith, Wharton School	175
Manufacturers’ or Wholesalers’ Tax versus Present Excises, Fred S. Gilbert, Jr., Hedrick and Lane	187
Cooperatives and Mutual Financial Institutions, Reuben Clark, Wilmer, Cutler & Pickering	200
Business Income of Exempt Organizations, Norman A. Sugarman, Baker, Hostetler, & Patterson	215

Tax Policy on United States Investment in Latin America. Symposium, October 25-26, 1962. Princeton, Tax Institute of America, 1963

Table of Contents

Part One – Latin American Tax Policies in General	Page
Tax Trends Affecting United States Investment in Latin America, William Sprague Barnes, Harvard Law School	3
Taxation of Agriculture in Latin America, Haskell P. Wald, Office of Tax Analysis, U.S. Treasury Department	19
How to Plan a Tax Policy for a Latin American Country, Jules G. K_rner, III, K_rner, Doyle, Worth & Crampton	31
Part Two – Tax Policies in Specific Latin American Countries
Tax Policies in Argentina, Roberto t. Alemann, Ambassador of the Argentine Republic	57
The Tax System of the Republic of Argentina, Augusto Roberto Grivot, Secretar_a de Estado de Hacienda, Argentina	64
Brazilian Tax Policy and United States Investments, James R. Holway, U.S. Department of State	76
The Evolution of the Chilean Tax Structure, Tom E. Davis, Cornell University	89
Tax Policies in Chile, Albert Gailord Hart, University of Chile	96
Tax Policies in Colombia, George Jackson Eder, Harvard Law School	111
Mexican Tax Policy on Foreign Investments, Enrique Helguera, Magistrado del Tribunal Fiscal de la Federacion, Mexico	128
Income Tax Policy of Peru, Teodoro Nichtawitz, Department of Economic and Social Affairs, United Nations	148
Tax Incentives in Puerto Rico, J. Diaz Hernandez, Economic Development Administration, Puerto Rico	154
Tax Policies of Venezuela, William J. Gibbons, Baker, McKenzie & Hightower, Caracas	163
Part Three – Inter-American Tax Cooperation
Tax Problems of a Common Market in Latin America, Carl S. Shoup, Columbia University	181
Technical Assistance in TAX Administration, Bertrand M. Harding, Internal Revenue Service	189
Conferences and Activities of the Joint Tax Program of the OAS–Inter-American Development Bank–ECLA	199
The Role of the Alliance for Progress in Latin American Tax Policies, Nathan C. Fitts, Action Committee for International Development, Inc	217
Part Four – United States Tax Policies Affecting Private Investment in Latin America
The United States Tax System and International Relationships, Stanley S. Surrey, U.S. Treasury Department	235
Practical Implications of United States TAX Policy, Edward R. Luter, Studebaker International	249
Evaluation of the Effect of Treasury Proposals on TAX Status of Investors in Latin America, Robert F. Summerwell, Clark Equipment Company	256

Alternatives to Present Federal Taxes. Symposium, October 10-11, 1963 Princeton: Tax Institute of America, 1964

Table of Contents

Part One - Tax Alternatives for the Next Decade	Page
Tax Alternatives for the Next Decade, Dan Throop Smith, Harvard University	3
Part Two - Appraisal of Present Corporate Income Taxes
Appraisal of the Corporate Income Tax, L. E. Klust, Westinghouse Electric Corporation	17
Part Three - Alternatives to Corporate Income Tax: Value-Added Tax
The Value-Added Tax as an Alternative to Corporate Income Tax, Richard E. Slithor, Office of Tax Analysis, U.S. Treasury Department	35
An Administrator’s Point of View on the Value-Added Tax, Clarence W. Lock, Michigan Department of Revenue	55
European Experience with Value-Added Taxation, Maurice E. Peloubet, Price Waterhouse & Co	64
Part Four - Alternatives to Corporate Income Tax: Broad-Based Excise Taxation
A Page of History, John F Costelloe, Chadbourne, Parke, Whiteside & Wolff	89
Traps to Avoid as Indicated by Experience with Selective Excises, H. B. Hatch, General Electric Company	96
Canadian Experience with Broad-Based Excise Taxation, A.P. Mills, Department of National Revenue, Canada	111
Part Five - Reexamination of Individual Income Tax Progression
Appraisal of Present Individual Income Tax, Norris O. Johnson, First National City Bank	133
Progression Reconsidered, C. Lowell Harriss, Columbia University	143
Adverse Effects of Steep Graduation, John C. Davidson, National Association of Manufacturers	161
Ineffectiveness of Present Progression, Frank L. Fernbach, AFL-CIO	168
Part Six - Alternatives to Individual Income Tax
Drastic Revision of Deductions and Credits under Present Tax System-Proposed for Discussion, Thomas C. Atkeson, College of William and Mary	193
Gross Individual Income Taxation, Theodore R. Groom, Hedrick and Lane	206
Expenditure Taxation, Alfred C. Buehler, Wharton School	223
Part Seven - Aspects of National Tax Policy
Aspects of National Tax Policy: The Income Tax and Suggested Alternatives, Stanley S. Surrey, U.S. Treasury Department	249

State and Local Taxes on Business. Symposium, October 28-30, 1964 Princeton, Tax Institute of America, 1965

Table of Contents

Part One - Background Considerations and State and Local Sales Taxes	Page
Recent Trends in State and Local Taxation of Business, Charles F. Conlon, National Association of Tax Administrators	3
What State and Local Taxes Mean to Business, Albert G. Preston, Jr., General Electric Company	13
Business Problems under Sales and Use Taxes - A Retailer’s Viewpoint, J.F. Wood, J.C. Penney Company	25
Business Problems under Sales and Use taxes A Manufacturer’s Viewpoint, Arthur E. Hauser, United States Steel Corporation	35
Part Two - State and Local Income Taxes
The Role of Myth in State Taxation of Interstate Business, Murray Drabkin, House Committee on the Judiciary	55
Allocation and Nexus in State Taxation of Interstate Business, Jerome R. Hellerstein, New York University	67
The Case against Federal Intervention, William D. Dexter, State of Michigan	98
The Stake of Business in the Growing Municipal Income Tax Movement, Robert A. Sigafoos, South Pasadena, California	113
Part Three - Local Tax Problems
Advisory Commission on Intergovernmental Relations Report on Property Tax Administration, Frederick L. Bird	141
Discriminatory Assessment Practices in Property Taxation, Leonard W. Natthen	151
Taxation of Manufacturers’ Inventories, John F. Tarrant. Connecticut State Tax Department	165
Business Problems Arising from the Multiplicity of Local Taxing Jurisdictions, Robert H. Allphin, Pittsburgh Plate Glass Company	177
Part Four - Intergovernmental Fiscal Competition
Sate and Local Taxes, Expenditures, and Economic Development, Alan K. Campbell, Syracuse University	195
State and Local Finances and Economic Development, Seymour Sacks, Syracuse University	209
State and Local Government Financial Inducements for Industry, Benjamin Bridges, Jr., University of Wisconsin	225
A Case for Industrial Revenue Bonds, H. Clyde Reeves, University of Alabama	246
Misuse of Public Credit to Aid Private Enterprise: The Case against Municipal Industrial Revenue Bonds, Alan K. Browne, Bank of America	253
Part Five - New Jersey’s Taxes in Transition
New Jersey’s Taxes in Transition, Wayne Dumont, Jr., New Jersey Commission on State Tax Policy	285
Part Six - State and Local Tax Climate in New Jersey
State and Local Tax Climate in New Jersey, H. Russell Brown, New Jersey Manufacturers Association	303
Part Seven - State and Local Tax Climate in New York
State and Local Tax Climate in New York, Welles A. Gray, Empire State Chamber of Commerce	317
Part Eight - State and Local Tax Climate in Pennsylvania
State and Local Tax Climate in Pennsylvania, David H. Kurtzman, University of Pennsylvania	331

Taxation of Foreign Income by the United States and Other Countries. Symposium, December 2-3, 1965. Princeton: Tax Institute of America, 1966

Table of Contents

Part One - Taxation of Foreign Income in Countries Outside the United States	Page
Taxation of Foreign Income and Foreign Business in Europe, R. Palmer Baker, Jr., Lord, Day & Lord	3
Taxation of Foreign Income in Canada, J. Gear McEntyre, National Revenue-Taxation	30
Taxation in Japan: Foreign-Source Income of Japanese Corporations and Taxation of Income of Foreign Corporations Doing Business in Japan, William E. Pardoe, Union Carbide Corporation	40
The International Tax Law of Mexico, Henry J. Gumpel, Price Waterhouse & Co.	57`
Tax Policies in Less Developed Countries with Respect to Foreign Income and Income of Foreigners, Oliver Oldman, Harvard University	74
How Policies of Foreign Countries Affect the United States in Negotiating Tax Treaties, David R. Tillinhgast, Hubbard, Blair & Reed	89
Part Two - United States Taxation of Foreign-Source Income
Problems Involved under Section 367, Robert J, McDonald, Sullivan & Cromwell	117
Earnings and Profits in Foreign Operations, Leslie Mills, Price Waterhouse & Co	135
Some Thoughts on Section 482, Chester C. Hilinski, Dechert, Price & Rhoads	147
Compliance Problems in Taxation of International Operations, Donald W. Bacon, Internal Revenue Service	160
Compliance Problems with Emphasis of Office of International Operations Coverage, Charles W. Stewart, Machinery and Allied Products Institute	175
International Tax Concepts, Leon O. Stock, Peat, Marwick, Mitchell & Co	189
Part Three - United States Policy and Objectives
Background of General Policy, Raphael Sherfy, Turney, Major, Markham & Sherfy	227
Taxation of Foreign Business Income - The Changing Objectives, Dan Throop Smith, Harvard University	241
The United States Tax System and International Tax Relationships - Current Developments, 1965-1966, Stanley S. Surrey	256

The Property Tax: Problems and Potentials. Symposium November 2-4, 1966. Princeton, Tax Institute of America, 1967

Table of Contents

Part One - The Property Tax Today	Page
A Reconsideration of the Property Tax, Alfred C. Buehler, University of Pennsylvania	5
Property Tax - Effects and Limitations, Harold M. Groves, University of Wisconsin	17
Property Taxes: Outlook and Effects, C. Lowell Harriss, Columbia University	28
Impact of Recent Judicial Decisions, Charles F. Conlon, Federation of Tax Administrators	43
Property Taxes and Industrial Development, Russell L. Hendricks, The Procter & Gamble Company	57
Part Two - Responsibilities for Administration: The Assessment Problem
Raising the Professional Standards of Assessing Personnel, Paul; Corusby, International Associationof Assessing Officers	87
The Role and Responsibility of the Assessor, James R. Vine, Los Angeles County	95
Full Disclosure Policy - The State’s Role in the Assessment Process, John Shannon, Advisory Commission on Intergovernmental Relations	103
The Role of the Appraiser, John D. cole, Cole-Layer-Trumble Company	111
The Role of the Taxpayer, Lee Kirkwood, Kirkwood and Darby	120
Part Three - Alternative Methods of Taxing Specific Industries
The Taxation of Mineral Resources, Jesse D. Winzenried, Husky Oil Canada	145
Alternative Methods of Taxing Specific Industries: Timber Taxation, N.R. McDonnell, Weyerhauser Company	158
The Taxation of Railroad Property: Problems and Potentials, R.H. Waterman, Missouri Pacific Railroad Company	176
The Taxation of Public Utilities, J.A. Jacobs, Southern Bell Telephone & Telegraph Company	187
Part Four - Some Controversial Questions
Fractional Ratios and Their Effect on Achievement of Uniform Assessment, Ernest Johnson, Maine Bureau of Taxation	209
The Classification Issue in Illinois, Thomas G. Lyons, Illinois State Senate	216
The Classification Issue in Tennessee, W. R. Snodgrass, Tennessee Comptroller of the Treasury	221
Minnesota’s Experience with Classification, Rolland F. Hatfield, Minnesota Department of Taxation	226
Part Five - Current Issues in Property Tax Exemptions
General Appraisal of the Effect of Exemptions on Tax Base, Will S. Myers, Advisory Commission on Intergovernmental Relations	267
Property Tax Exemptions for Farmers and the Aged, Frederick D. Stocker, Ohio State University	283
Evaluating Tax Concessions for Urban Renewal, Jerome P. Pickard, Urban Land Institute	295
Business Use of Exempt Properties, Robert L. Purnell, Michigan State Tax Commission
Part Six - Personal Property Taxation
Trends in Taxation of Personal Property, Arthur D. Lynn, Ohio State University	321
A Defense of Personal Property Taxation, Joe C. Sanders, Ohio Department of Taxation	331
The Case against Personal Property Taxation, William Miller, New York University	342
Part Seven - Alternatives in Property Tax Reform
Some Observations on Certain Economic Aspects of Taxation, Thomas B. Curtis, U.S. House of Representatives	371
Some Alternatives on Property Tax Reform, Dick Netzer, New York University	386
Property Tax Problems in Canada and How They are being Met, Douglas H. Clark, Finance Canada	402
Some Possibilities for Meeting Property Tax Problems Arising from Multiplicity of Governmental Units, Lynn A. Stiles, Federal Reserve Bank of Chicago	417
Land Value Taxation: A 1966 Evaluation, A.M. Woodruff, University of Hartford	427

Federal-State-Local Fiscal Relationships. Symposium November 29-30, 1967. Princeton, Tax Institute of America, 1968

Table of Contents

Part One - What’s Happening to Our Federal Fiscal System?	Page
Federal-State-Local Financial Relations: Historical Background, C. Lowell Harris, Columbia University	3
Federal Assistance to State and Local Governments, I.M. Labovitz, Library of Congress	13
The Local View of the Strengths and Weaknesses of the Present Financial Assistance System, John F. Collins, Mayor of Boston	44
What’s Happening to Our Federal Fiscal System? Brevard Crihfield, Council of State Governments	54
Strengths and Weaknesses of Our Federal System, Frank L. Fernbach, United Steel Workers of America	62
What "Federal Fiscal System"? Roger A. Freeman, Stanford University	67
Part Two - Federal Budgeting
Federal Budgeting: A Modern Approach, M.A. Wright, Humble Oil & Refining Company	95
Part Three - Proposals for Changes in Federal Aid
The Tax Sharing Approach, Richard P. Nathan, The Brookings Institution	107
The Federal Income Tax Credit, L.L. Ecker-Racz, University of Hartford	122
Toward a National Tax Structure, Joel Barlow, Covington & Burling	131
A Note on a Federal Income Tax Credit, Lawrence R. Kegan, Committee for Economic Development	146
Revenue Sharing and Creative Federalism- Some Perspectives, William H. Robinson, U.S. Bureau of the Budget	149
Aspects of Federal Aid to the States, Robert Schorn, National Association of Manufacturers	172
Tax Sharing versus Rational Decision Making, Melville Ulmer, University of Maryland	179
Part Four - Intergovernmental Aspects of Selected Major Functions
Federal, State., and Local Responsibility in Connection with Crime Control, Morris Ploscowe, New York University	187
Relative Federal, State, Local Responsibility in Welfare - Audience Discussion of Written Questions Submitted by Chairman	201
Federal-State-Local Responsibility in Education, Robert C. Brown, California Taxpayers’ Association	216
Relative Federal, State, and Local Responsibility in Education, Lynn A. Stiles, Federal Reserve Bank of Chicago	223
Relative Federal, State, Local Responsibility in Education, Lorne H. Woollatt, New York State Education Department	228
Some New Policy Considerations for Economic Development–Relation between Rural and Central City Poverty, Ross D. Davis, Assistant Secretary of Commerce	249
Part Five - State and Local Fiscal Responsibility versus Tax Compliance Simplicity for Interstate and Interlocal Business
State Taxation of Interstate Business: Reflections on Legislative Directions, Jerome Hellerstein, New York University	257
The Compliance Burden of State and Local Nonproperty Taxes, Charles B. Bayly, Jr., Tax Counsel, Columbia Broadcasting System	268
Viewpoints of Large Business Enterprises on Mandated Federal Solutions, C.R. Cahoon, Mobil Oil Company	279
Small Business Viewpoints on the Proposed Interstate Taxation Act H.R. 2158	285
A Tax Administrator’s Viewpoint, G. Thoms Battle, West Virginia Tax Commissioner	302
Stata Sales and Use Tax Equity between Interstate and Intrastate Commerce, Eugene F. Corrgian, Illinois Department of Revenue	306
Part Six - The Role of the States
Are the States Here to Stay? Jack M. Campbell, Former Governor of New Mexico	327
Revitalizing the States, Nelson Rockefeller, Governor of New York	343
Part Seven - State-Local Fiscal Relations
Fiscal Outlook for State and Local Governments, Elsie M. Watters, Tax Foundation	365
The Role of State Aid in Local Government Finance, Morris Beck, Rutgers University	379
Evaluation of Local Nonproperty Taxes, Joseph F. Clark, Municipal Finance Officers Association	391
Role of States in Setting Standards for Local Finance Administration, Richard A. Atkins, New York State Office for Local Government	405
Part Eight - State action to Strengthen Local Government
Strengthening Local Government through State Action: The Dynamics of Federalism, Norman Beckman, U.S. Department of Housing and Urban Development	423
Role of State Offices of Urban Affairs in Strengthening Local Government, John O. Forrer, New Jersey Department of Community Affairs	443
Strengthening Local Governments - A Regional Case Study, David B. Walker, Advisory Commission on Intergovernmental Relations	459
Kentucky’s Approach for Local Initiative and Coordination, Robert M. Cornett, Kentucky Area Development Office	477

Tax Impacts on Compensation. Symposium, October 3-4, 1968. Princeton, Tax Institute of America, 1969

Table of Contents

Part One - Economic Aspects of Taxes on Compensation	Page
Pension Fund Growth ans Its Economic Implications, Daniel M. Holland, Massachusetts of Technology	3
The Effects of Taxation of Executive Compensation on Economic Activity, Dan Throop Smith, Harvard University	34
Part Two - How Taxes Affect Benefit Plans for Employees Generally
Relative Importance of Social Security and Private Pension Plans, Alvin M. David, Social Security Administration	49
How Taxes Affect Savings Plans and Life Insurance, Curtis R. Henderson, Johnson & Higgins	55
Variable Annuities and Pension Planning, Kenneth C. Foster, The Prudential Insurance Company of America	67
Proposals for Minimizing Insurance Premium Taxes on Welfare Benefits for Employees, Lloyd E. Slater, New York State Department of Taxation and Finance	74
Part Three - How Taxes Affect Benefit Plans for Executives
Development of Executive Compensation Patterns, V. Henry Rothschild, New York	97
Tax Minimization and Executive Compensation Plans, Wilbur C. Lewellen, Purdue University	104
Part Four - Conceptual Problems in Report on Public Policy and Private Pension Funds
Are Vesting, Funding, and Reinsurance Desirable and Necessary Objectives? Thomas Donahue, U.S. Department of Labor	145
Are Vesting, Funding, and Reinsurance Desirable and Necessary Objectives? John R. Lindquist, McDermott, Emery & Will	156
Critical Issues in Pension Planning, Dan M. McGill, University of Pennsylvania	167
Validity of Pension Expectations, William T. Gibb, U.S. Treasury Department	172
The Termination Problem, Leonard Lesser, AFL-CIO	176
The Role of Government Regulation, Russell H. Hubbard, General Electric Company
Part Five - Current Legislative Developments
Current Legislative Developments, Laurence N. Woodworth, Joint Committee on Internal Revenue Taxation	207

Tax Impacts on Philanthropy. Symposium, December 2-3, 1971 Princeton: Tax Institute of America, 1972

Table of Contents

Part One - The Role of Private Philanthropy	Page
The Role of Private Philanthropy in Modern American Society, Douglas Dillon, The Rockefeller Foundation	5
The Philosophy of Corporate Philanthropy, Gavin K. McBain, Bristol-Myers Company	13
Part Two - The Treasury Viewpoint on Impact of 1969 Legislation on Philanthropy
Treasury’s Experience and Views, Arthur M. Hayes, U.S. Treasury Department	23
The Treasury Viewpoint, Edwin S. Cohen, U.S. Treasury Department	34
Part Three - Trends in Philanthropic Giving and Receiving as Affected by the Tax Reform Act of 1969
Effect on Donors, Robert Anthoine, Winthrop, Stimson, Putnam & Roberts	49
Effect on Donees, Edwin D. Etherington, National Center for Voluntary Action	67
Public Policy Issues and Foundations, Sydney Howe, The Conservation Foundation	76
Foundation Activity in Public Programs, John J. Keppler, The Federation of Protestant Welfare Agencies	81
Proposals for a New Fundamental Right, E. Hugh McLuckey, New York Hospital-Cornell Medical Center	86
Part Four - Effects of Tax Reform Act of 1969 on Role of Private Foundations
Operational Effects, Ruth C. Chance, Rosenberg Foundation	103
Program Activities, Homer C. Wadsworth, Kansas City Association of Trusts and Foundations	112
Learning to Live with the Tax Reform Act, Howard Dressner, The Ford Foundation	121
Effects of Act, James L. Kunen, Eugene and Agnes Meyer Foundation	127
Part Five - Support of Private Philanthropy through the Federal Income Tax Laws
The Propriety and Vitality of a Federal Income Tax Deduction for Private Philanthropy, Boris I. Bittker, Yale University	145
An Alternative to the Federal Income Tax Deduction in Support of Private Philanthropy, Paul R. McDaniel, Boston College	171
Federal Encouragement of Private Giving, Henry Aaron, The Brookings Institution	210
It Depends Upon How You Look At It, Thomas B. Curtis, Encyclopedia Britannica	214