President Donald Trump=E2=80=99s newest pick for the U.S. Tax Court is a = senior attorney within the Internal Revenue Service=E2=80=99s Office of Chi= ef Counsel with expertise in tax matters relating to nonprofit, tax-exempt = organizations and intellectual property.

Monday, January 29, 2018

TOP NEWS

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US Tax Court Nominee An= Expert On Tax-Exempt Matters

President Donald Trump’s newest pick for the U.S. Tax Court is = a senior attorney within the Internal Revenue Service’s Office of Chi= ef Counsel with expertise in tax matters relating to nonprofit, tax-exempt = organizations and intellectual property. Read more »

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Accountants Group U= rges Congress To Increase IRS Funding

The National Society of Accountants on Thursday called on lawmakers t= o increase appropriations for the Internal Revenue Service to address what = is expected to be a shortfall in funding for critical taxpayer services at = the agency during the upcoming filing season. Read more »

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Treasury Rep Defend= s TCJA Provision Against OECD Rules

A U.S. Treasury official addressed concerns Thursday at a conference = in Washington, D.C., about how other countries will respond to the new tax = law’s low rate on income from foreign sales held by U.S. entities, sa= ying the provision holds up against the Organization of Economic Cooperatio= n and Development’s standards. Read more »

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IRS Beats Class Cla= ims That Agency Can't Tax Late Filers

A California federal judge said Friday that he would end a proposed c= lass action alleging the agency lacks the authority to assess taxes on some= late-filed tax forms, finding the suit’s named plaintiff couldn̵= 7;t point to imminent or concrete harm and didn’t have standing to su= e. Read more »

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Taxation With Represen= tation: Weil, Proskauer, Debevoise

In this week's Taxation With Representation, Sanofi snapped up Biover= ativ for $11.6 billion, Celgene bought Juno for $9 billion, and AIG acquire= d Validus for $5.56 billion. Read more »

FEDERAL

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Professors Ask Justices= To Hear Va. Tax Receipts Case

Nineteen tax law professors urged the U.S. Supreme Court on Thursday = to hear an appeal over whether a Virginia county tax on the sale of duty-fr= ee goods to international travelers violates the U.S. Constitution, saying = the tax is valid and the court should overrule an outdated legal standard. Read more »

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Infrastructure, Im= migration To Headline State Of The Union

President Donald Trump is expected to push for further legislation on= infrastructure and immigration in Tuesday's State of the Union address, se= nior administration officials said Friday, as part of a plan to advance a m= ore bipartisan second-year agenda. Read more »

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Apparel Exec Gets 6= Months For $28M Swiss Bank Tax Dodge

An apparel company executive prosecutors have called “high= ly educated and sophisticated” was sentenced to six months in prison = Thursday in Virginia after admitting to a scheme with his Swiss lawyer to a= void U.S. taxes on over $28 million he had stashed in overseas accounts at = Swiss banks, including Credit Suisse Group and UBS AG. Read more »

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IRS Escapes FOIA = Suit Over Tax Attorney's Document Request

A federal judge on Thursday granted summary judgment to the Internal = Revenue Service and rejected a tax attorney's Freedom of Information Act re= quest for documents on his disciplinary case, ruling the materials were pri= vileged because they revealed internal agency deliberations. Read more »

STATE & LOCAL

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NY, NJ, Conn. Govs. Pr= omise To Sue Feds Over Tax Overhaul

The Democratic governors of New York, New Jersey and Connecticut said= on Friday they've formed a coalition to sue the federal government over th= e state and local tax deduction cap in the recently enacted federal tax law= , arguing it tramples on states' rights and the U.S. Constitution's Equal P= rotection Clause. Read more »

INTERNATIONAL

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UK Chided For Faili= ng To Collect Info Under VAT System

The European Commission on Thursday called out the U.K. for purported= ly failing to share with other European Union countries bank account detail= s for everybody registered in an EU-wide system for collecting value-added = tax on broadcasting services, saying the practice violated administrative c= ooperation rules. Read more »

EXPERT ANALYSIS

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Royal Couple Are Ca= se Study In Cross-Border Tax Planning

Meghan Markle is not just the fiancee of Britain's Prince Harry: She = is a U.S. citizen subject to worldwide taxation. Unless she renounces that = citizenship, she and her husband-to-be — and any children they may ha= ve — face especially complex tax and wealth planning challenges, says= Megan Worrell, vice chair of Duane Morris LLP’s wealth planning prac= tice group. Read more »

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Tax Reform's Sweep= ing Impact On Compensation And Benefits

The Tax Cuts and Jobs Act, P.L. 115-97, will have repercussions for c= ompensation and benefits programs of private companies, public companies an= d tax-exempt organizations of all sizes across a broad range of industries.= Attorneys at Goodwin Procter LLP highlight key areas of impact. Read more »

LEGAL INDUSTRY

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How #MeToo Is Changing Intern= al Investigations

Lawyers who run internal investigations are getting plenty of new wo= rk amid the recent wave of high-profile sexual harassment and assault alleg= ations. They’re also facing new risks and demands. Read more »

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Pa. Atty Accused = Of Stealing To Buy Sex Toys Loses License

A fired attorney charged with breaking into her former firm to = steal money and credit cards that she used to purchase sex toys online has = had her law license suspended, Pennsylvania authorities said Thursday. Read more »

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Analysis

Why Compliance Is K= eeping Corporate Counsel Up At Night

Even as the presidential administration enters its second year talki= ng big about its plans to ease regulation, corporate counsel report their p= rimary concern for the coming year is the management of government regulati= on and compliance. Here is why this one issue weighs so heavily on the mind= s of in-house counsel. Read more »

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Ethics Training = For Attys Should Aim Higher, Sotomayor Says

The education of lawyers should be improved to include a more robust= ethics training that goes beyond merely setting a floor for acceptable con= duct, U.S. Supreme Court Sonia Sotomayor said Friday during an event at the= University of Houston Law Center. Read more »<= /nobr>

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GC Cheat Sheet: The= Hottest Corporate News Of The Week

The NBA's general counsel told lawmakers it's time for legalized spo= rts betting, experts shared with Law360 ways companies and their legal coun= sel can prepare for potential worksite enforcements by federal immigration = officials, and Baker Donelson Bearman Caldwell & Berkowitz PC announced= its hire of GE Capital's former general counsel. These are some of the sto= ries in corporate legal news you may have missed in the past week. <= nobr>Read more »

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In Case You Missed= It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stori= es and expert analyses that generated the most buzz on Law360 last week. Read more »

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Podcast

Law360's Pro Say: T= he Decline And Fall Of Sedgwick LLP

On the latest episode of Law360's Pro Say podcast, the team does a p= ost mortem on the fall of BigLaw fixture Sedgwick LLP, discusses a Starbuck= s case that may give landlords a legal roadmap to stop store closures, expl= ains a case barring a strip club from enforcing "sham" arbitration pacts, a= nd reviews a musical sendup of Preet Bharara. Read more »= ;

JOBS
Search full listings or advertise your job opening=09=09=09

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= Tax Associate
Parker and Lynch
-, -

Senior Tax Associate
Burns & Levinson
Boston, Massachusetts

Listen to our new p= odcast here

LAW FIRMS

Arnold & Porter Kay= e Scholer

COMPANIES

American Inte= rnational Group Inc.

BTI Consulting Grou= p Inc.

Briggs & Strat= ton Corporation

British Broadcastin= g Corp.

Cato Institute

Celgene Corporation

Consilio LLC

Credit Suisse Group AG<= /a>

Delta Air Lines Inc.

EverBank Financial Cor= p.

General Electric= Capital Corp.

Google Inc.

Home Box Office Inc.

Houston Astros

Jacksonville Jaguars<= /p>

Juno Therapeutics Inc.

Kate Spade & Co.

LinkedIn Corp.

Major League Baseba= ll Inc.

National Baske= tball Association

National Socie= ty of Accountants

New England Patriots =

New York City Ba= r Association

New York Times Co.

New York University

Robert Half Inte= rnational Inc.

Sanofi-Aventis

Sinclair Broadcas= t Group, Inc.

Sony Corporation

Starbucks Corporation

Validus Holdings Ltd.=

Yahoo! Inc.

GOVERNMENT = AGENCIES

Equal E= mployment Opportunity Commission

European Commission

European Union

Federal Commu= nications Commission

Federal Trade Commissi= on

Internal Revenue Servi= ce

NAFTA

New York Att= orney General's Office

New York State Senate=

Pennsylvania Suprem= e Court

Securities a= nd Exchange Commission

U.S. Department of = Justice

U.S. Senate

U.S. Supreme Court

World Trade Organizati= on

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