Partners from McDermott’s Tax Group spoke at The Bank & Capital Markets Tax Institute 2024, which brings together tax professionals for three days of cutting-edge insights, high-level networking, and access to industry-leading solution providers.

John Lutz was a panelist on “Taxation of Derivatives”, which covered tax issues that arise from the most common uses of derivatives at banking organizations, including hedging and customer transactions. Panelists discussed best practices for managing the tax reporting and compliance obligations arising from these activities.

Michael Hilkin was a panelist on “SALT Update”, which covered the emerging trends affecting the state and local tax, including recent legislative developments, court cases, administrative guidance, issues specifically affecting larger states, and other relevant topics.