Harry L. “Hank” Gutman, Principal-in-Charge, Federal Tax Legislative and Regulatory Services, Washington National Tax
Federal Tax Legislative Update
Mr. Gutman, a former chief of staff for the Joint Committee on Taxation, heads the Federal Tax Legislative and Regulatory Services (LRS) group at Washington National Tax and is the Director of the KPMG Tax Governance Institute (TGI). Under Mr. Gutman's leadership, the LRS practice gives clients immediate notification about breaking developments in tax legislation or federal tax regulations; coordinates the early identification of specific client issues concerning legislation, regulations, rulings, and other administrative pronouncements; helps clients prioritize their responses to proposed legislation and regulations; provides insight and advice to clients in anticipation of possible legislative or regulatory changes and the impact of such changes on client tax planning techniques; represents clients in the legislative and regulatory process; manages the formation of industry coalitions; and conducts "roundtable" briefings and discussions. The TGI provides a forum for board members, corporate management, stakeholders, and government representatives to explore and debate aspects of tax oversight and management including tax risk, control, and reporting.
As Joint Committee Chief of Staff from 1991 through 1993, Mr. Gutman was the primary nonpartisan advisor to the House Ways and Means and Senate Finance Committees concerning the technical, economic and revenue aspects of tax legislation. Mr. Gutman also served as deputy tax legislative counsel in the Treasury Department Office of Tax Policy. Throughout his career, Mr. Gutman has counseled major multinational corporations on various implications of tax legislative change. He represented clients in legislative and administrative matters before the Congress, the Treasury Department, and the Internal Revenue Service. Before joining KPMG, Mr. Gutman was a partner in the Washington, D.C. office of the law firm of King & Spalding.
Mr. Gutman taught at the University of Pennsylvania and Virginia Law Schools. He has served as chairman of the Tax Policy and Government Relations Committees of the ABA Tax Section and has been a member of the Board of Advisors of the NYU/IRS Continuing Legal Education Program. He is a member of the Tax Advisory Group of the American Law Institute, the American College of Tax Counsel, the Taxation Committee of the U.S. Chamber of Commerce, the Board of Directors of the Tax Council, the NYU Federal Tax Institute Advisory Board and was a trustee of the American Tax Policy Institute. He is frequently quoted on federal tax legislative matters by The Wall Street Journal and The New York Times, as well as in the tax press.
Mr. Gutman received his undergraduate degree from the Woodrow Wilson School of Public and International Affairs at Princeton University, a B.A. degree in jurisprudence from University College, Oxford University, and his LLB from Harvard Law School.
Mr. Gutman's presentation will give a summary of the federal tax legislative process and a review of enacted and pending federal tax legislation.