Ann Burgess Cammack currently serves as Senior Tax Counsel for the Senate Finance Committee, serving Chairman Ron Wyden (D-OR).
Previously, Ann was a Principal in Ernst & Young LLP’s National Tax Department in Washington DC, where she focused on the taxation of insurance companies and insurance products, and represented the firm’s clients before the Internal Revenue Service, Treasury Department and the US Congress.
Prior to joining EY, Ann was a Senior Corporate Tax Counsel to the Senate Finance Committee, serving first Chairman Max Baucus (D-MT) and then Chairman Ron Wyden (D-OR). She covered a broad portfolio that included primary responsibility for insurance tax matters as well as tax administration, practice and procedure, and IRS oversight. In addition, Ann provided support on general corporate, international and financial products and institutions tax matters before the Committee. Ann joined the Finance Committee Staff in September 2011 and was deeply involved in the deficit reduction efforts of the Super Committee. In addition, she worked on reauthorization of the Highway Trust Fund and the Fiscal Cliff legislation of 2012. Ann was the lead attorney on the Tax Administration Reform Discussion Draft released by the Majority Staff of the Senate Finance Committee.
From 2001 to 2004, Ann served as an Attorney-Advisor at the US Treasury Department’s Office of Tax Policy where she had primary responsibility for developing tax policy relating to the taxation of insurance companies and products. While at the Treasury Department, Ann worked on a variety of issues, including regulations on the treatment of the acquisition of insurance company assets under Section 338(h)(10), the proper interest rate to use to calculate modified guaranteed contract reserves, and the taxation of split-dollar life insurance transactions, as well as rulings on the treatment of certain captive insurance arrangements. Ann was also deeply involved in developing legislative proposals for the Treasury Department and was integrally involved in the development of the 2003 effort to integrate the corporate and individual tax systems, which resulted in the Jobs and Growth Act of 2003.
In addition to her work on the Senate Finance Committee and the Treasury Office of Tax Policy, Ann worked for over four years as an Attorney-Advisor in the IRS Office of Chief Counsel, Financial Institutions and Products, Branch 4, the “Insurance Branch.” While at the IRS she worked on private letter rulings, technical advice requests, and accounting method change requests. In addition, she worked on publish guidance, including proposed regulations under Section 801, and assisted with matters in controversy including IRS litigation matters.
Ann received her JD from Washington and Lee University and her BA from Randolph-Macon Woman’s College. She is a member of the District of Columbia Bar.