Chye-Ching Huang, Tabetha Peavey & Michael Kaercher (NYU Tax Law Center) present Capital Gains and Transfer Tax Policy in the Build Back Better Act virtually today at UC-Irvine as part of its Tax Policy Colloquium:
This session of the colloquium will discuss current administration and Congressional proposals to increase the capital gains rate, replace the step up in basis at death with taxing gains at death or reintroducing a carryover basis rule, and address shortcomings in the current estate and gift tax regime. We will also discuss the NYU Tax Law Center, the motivation behind its creation, and its role in the tax policy world and tax legislative process.
About Executive Director Chye-Ching Huang
Chye-Ching Huang is the executive director of the Tax Law Center at NYU Law. Before starting the Tax Law Center, Executive Director Huang was senior director of economic policy for the Center on Budget and Policy Priorities, where she worked on the analysis and design of a wide range of federal tax, fiscal, and economic policy proposals, in collaboration with tax academics, practitioners, analysts, and advocates.
Executive Director Huang has written on a wide range of federal tax and fiscal and economic policy issues, testified several times before Congress on tax issues, and appears regularly in the media.
Previously, Executive Director Huang was a tax academic at the University of Auckland in New Zealand, where she published research in tax law, policy, and regulation, and taught graduate and undergraduate tax law. She also practiced in tax for New Zealand commercial law firm Chapman Tripp. She has consulted for the International Budget Partnership on fiscal policymaking processes and institutions.
Executive Director Huang holds an LL.M. from Columbia Law School, where she was a Sir Wallace Rowling/Fulbright and James Kent Scholar. She also holds a Bachelor of Law (Honours) and a Bachelor of Commerce in Economics from the University of Auckland in New Zealand.
About Attorney Advisor Tabetha Peavey
Tabetha Peavey is an attorney advisor for the Tax Law Center at NYU Law and focuses on transfer tax issues. Before starting at the Tax Law Center, she was a senior associate at Venable LLP, and worked on wealth transfer planning, charitable planning, U.S. tax planning and cross-border planning for high-net-worth individuals and families. During her time in private practice, Attorney Advisor Peavey regularly spoke on a variety of issues related to U.S. and international tax and estate planning.
Attorney Advisory Peavey holds a J.D. from U.C. Berkeley School of Law and a Bachelor of Arts in Philosophy and Natural Sciences from Fordham University. While in law school, she served as a judicial extern to Judge Harry Pregerson of the United States Court of Appeals for the Ninth Circuit and was Managing Editor of the Ecology Law Quarterly.
About Senior Attorney Advisor Michael Kaercher
Michael Kaercher is a Senior Attorney Advisor at the Tax Law Center at NYU Law. He has over a decade of experience on a broad range of complex federal tax issues.
Prior to joining the Tax Law Center, Senior Attorney Advisor Kaercher spent two years on detail to the House Ways and Means majority tax staff. While there, he designed and advanced tax policy in various substantive areas, including certain COVID-19 relief provisions, green energy tax policy, and excise taxes.
For seven years, Senior Attorney Advisor Kaercher was an employee of the IRS Office of Chief Counsel (International), where he advised the IRS on interpretation, administration, and enforcement of various international tax regimes, including the Foreign Account Tax Compliance Act (FATCA), the Global Intangible Low Tax-Tax Income (GILTI) regime, and the Subpart F regime. In that role, he also drafted certain regulations and other guidance related to these regimes.
Prior to joining the government, Senior Attorney Advisor Kaercher was an associate at Ivins, Phillips & Barker, and at WilmerHale, where he advised large corporations and universities, primarily on employee benefits matters. He holds a JD from Harvard Law School, and a BA from Colgate University.