IN THIS ISSUE
 Mad Money Coming to UT
Mills Named to Internal Revenue Service Council
Robinson Explains Complexities in Tax Laws

Mills Named to
Internal Revenue Service Council
Lillian Mills, associate professor of accounting, has been selected to serve on the Internal Revenue Service Advisory Council (IRSAC) for a three-year term. “With this appointment, Professor Mills continues to serve as a bridge between serious academic scholarship and tax policy formation,” said Ross Jennings, chair of the Department of Accounting. “I am sure that she will make great contributions to this prestigious group and that this appointment will provide her with many opportunities to bring new ideas back to the classroom and to her research.” Get the full story.

Robinson Helps Explain Origins of Complexity
in U.S. Tax Laws
Tax law can seem like a “fog of complexity,” said Accounting Professor John Robinson at the Feb. 20 Faculty Research Presentation Speaker Series. Robinson tried to mitigate that complexity by explaining the institutional issues and incentives involved in federal tax laws. “Your job as a legislator is to pluck the goose with the least amount of honking,” Robinson said referring to the inevitable uproar that accompanies tax increases. Get the full story.

Lavie Awarded Sloan Fellowship
Dovev Lavie, assistant professor of management, received a Sloan Industry Studies Fellowship by the Alfred P. Sloan Foundation, the foundation announced Feb. 19. The fellowship is given to scholars that show exceptional promise in the early stages of their careers to contribute to the advancement of knowledge, as well as to U.S. industrial development and economic competitiveness. Each fellow receives a grant of $45,000 for a two-year period, administered by his or her institution.

Spring Exec Ed Course Focuses on Business in Asia
Texas Executive Education programs challenge your thinking and add value to your professional life. Coming up this spring: Doing Business With China and India: Competing in the 21st Century, May 2-4. This program offers an invaluable learning experience for senior executives who want to excel in their careers and position their companies to achieve and sustain competitive advantage in these new markets. For complete course description and registration information please visit us online or call us at 800-409-3932.

McCOMBS IN THE NEWS
Equity Office Property’s Status a Source of Speculation
National Real Estate Investor, Feb. 15, 2007 
Equity Office Property Trust’s packed portfolio was the recent source of struggle in the biggest buyout in American real-estate history. The Blackstone Group conquered the competition to take over EOP, causing market observers to question how Blackstone will deal with EOP’s assets. “I would be surprised if [EOP] stays independent,” said Jay Hartzell, associate finance professor and associate director of the Real Estate Finance & Investment Center at McCombs. “As a portfolio manager, it wouldn’t make much sense to leave this as a stand-alone. You would want to integrate all you could with whatever other assets you were considering holding.” Get the full story.

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