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Minutes March 2013

The Tax Law Section Council met this date via conference call. Participating members included Jeffrey T. Allen, Robert E. August, Gary L. Capps, Shawn Flanagan, W. Verne McGough, Jr., E. Marie Monroe, F. Patty Scarborough, Thomas G. Sinclair and W. Jackson Turner-Vaught. Representing Bar staff was Tara G. Caine.

Chairperson August called the meeting to order.

The first item of business was approval of the minutes from the August 16, 2012, meeting. Mr. August moved approval of the minutes. Mr. Turner-Vaught seconded the motion, and it was approved.

The next item of business was discussion on the Bar Convention. It was noted that Ms. Caine had distributed the evaluation summaries to the Council for review. Mr. August stated that the seminar was well received and attended. Ms. Caine announced that the 2014 Bar Convention was scheduled for January 23rd – 26th at the Kiawah Island Golf Resort. She welcomed a volunteer to serve as the coordinator. After discussion, Mr. Turner-Vaught agreed to coordinate.

Next, Ms. Scarborough announced that the 2013 NC/SC Tax Law Section Workshop was scheduled for May 24th – 26th, at the Kiawah Island Golf Resort. She provided a brief overview of the seminar agenda. Ms. Caine was to distribute the brochure through the Section listserv and post on the Bar website.

Mr. August announced that the Al Todd Workshop was scheduled for July 12th & 13th, at the Kiawah Island Golf Resort. Ms. Caine reminded the Council that the Section was to contribute $1,000 towards the program. She was to promote the workshop through the Section listerv and post on the Bar website.

Next was discussion on the Section newsletter. Ms. Caine announced that the last issue was distributed in the spring of 2011. The Council had previously agreed to provide periodic updates through the Section listserv in lieu of the newsletter.

Next was discussion on legislative issues. A list of pre-filed and newly filed bills that were relevant to tax law were distributed to the Council prior to the meeting. The Council expressed interest in the Uniform Limited Liability Company Act. Ms. Scarborough noted that a committee had been established to review the Act and make recommendations on proposed amendments. A copy of the proposal was to be distributed to the Council for review.

In closing was discussion on establishing a Section forum. Ms. Caine announced that she had approached the Probate, Estate Planning & Trust Section regarding the Sections interest in joining its forum for a one-year trial basis. She noted that the Council had agreed; however, the forum had been inactive over the past year. She offered an alternative and suggested that members register for MyBar.

There being no further business, the meeting was adjourned.