Veena K. Murthy

Washington, DC

Ms. Murthy is a managing director at PwC. She is based in Washington, DC and serves as a national tax technical leader in compensation and benefits tax. She advises for-profit and tax-exempt clients in many industries on a broad range of tax matters impacting employees and employers – including executive compensation, fringe benefits, compensation and benefits deduction issues, payroll income/FICA/SECA taxation, partnership compensation and benefit tax issues, the section 4501 1% excise tax on stock repurchases, and US taxation and treaty issues specific to cross-border compensation and benefits delivery.

She previously was a Legislation Counsel at the Joint Committee on Taxation, U.S. Congress, where she provided tax technical and policy advice to the House Ways and Means Committee and the Senate Finance Committee on, among other things, the SECURE Act, and 2017 tax reform (known as the “Tax Cuts and Jobs Act”) in the areas of executive compensation (sections 162(m), 4960 and 83(i)), fringe benefits (274 parking, transportation, entertainment, meals), the section 45S paid family and medical leave employer credit, health, and retirement.

Prior to her government role, she spent many years in the private sector – including two Big Four accounting firms, Big Law, and as in-house benefits tax counsel at IBM Corporation. She is a Vice Chair of the ABA Tax Executive Compensation Subcommittee, a former Adjunct Professor of Law at Georgetown Law Center’s LL.M Taxation Program, and a former Bloomberg Tax Compensation Planning Journal Advisory Board Member. She has spoken and written extensively throughout her career and been quoted frequently by Tax Notes Today and Bloomberg Daily Tax Report, among others (Wall Street Journal, Law360, Accounting Today, Politico, CNN.com).

EDUCATION
LL.M. Taxation, New York University School of Law
JD, Benjamin N. Cardoza School of Law
B.A., Anthropology, Barnard College, Columbia University