John D. “Don” Fort, the new chief of the IRS Criminal Investigation division (“IRS-CI”), announced that two new programs will be fully operational in 2018: (1) the Nationally Coordinated Investigations Unit, and (2) the International Tax Enforcement Group. Fort also
Disputing Tax
Quarterly Insights from Ropes & Gray
Disputing Tax, published by Ropes & Gray, focuses on legal issues related to tax controversies and disputes. The blog covers topics such as tax litigation, IRS enforcement, tax settlements, and regulatory developments affecting taxpayers and tax professionals. It also addresses emerging areas like digital asset taxation, international tax compliance, and the impact of new tax legislation and directives on various industries, including private equity and retirement plans. The blog provides analysis of court decisions, government policies, and tax authority guidance relevant to tax dispute resolution and compliance strategies.
Latest from Disputing Tax - Page 14
Tax Receivable Agreements and Tax Reform Proposals
Last week the House Republicans introduced the Tax Cuts and Jobs Act, their long-awaited first draft of tax reform legislation, bringing Congress one step closer to achieving tax reform. Earlier this year, the House of Representatives and the Senate passed…
House Republicans Introduce Long-Awaited Tax Legislation
On Thursday, November 2, 2017, House Republicans introduced the Tax Cuts and Jobs Act, their long-awaited tax reform legislation, followed quickly by an amendment introduced on Monday, November 6 by House Ways and Means Committee Chair Kevin Brady. The bill…
Case of the Quarter: Grecian Magnesite Mining Co. v. Commissioner of Internal Revenue
Gabby Hirz, a senior attorney in the Tax Controversy Group discusses one of the most notable decisions of third quarter 2017, Grecian Magnesite Mining v Commissioner of Internal Revenue, with Rom Watson, a partner in the Tax Group and…
Remaining Silent Before the Tax Man
Kat, Gabby and Stefan discuss how the Fifth Amendment applies to tax returns and audits, a particular concern to those reporting illegal income, such as medical marijuana businesses, as well as any taxpayers who fear information on their tax…
Comments on the New Partnership Audit Regime
In September 2017, the American Bar Association (“ABA”) Section of Taxation submitted comments to the IRS on proposed regulations implementing the partnership audit procedures enacted as part of the Bipartisan Budget Act of 2015. Ropes & Gray was honored to…
Financier Worldwide’s Annual Review – Transfer Pricing
Read Kat Gregor’s interview featured in Financier Worldwide regarding trends in the area of transfer pricing, including an increased demand for advanced pricing agreements (APAs).
President Releases Tax Reform Framework
On September 27, 2017, the White House and a group of congressional leaders, commonly referred to as the “Big Six”, released a joint framework for proposed tax reform. The framework sets out five goals: middle-class tax relief, simplifying tax returns…
Preview of Next Quarter’s Podcast: U.S. Chamber of Commerce Wins Important Administrative Law Victory Against IRS in Challenge to Temporary “Serial” Inversion Regulations
On September 29, 2017, the U.S. District Court for the Western District of Texas ruled in favor of the U.S. Chamber of Commerce regarding its claim that a temporary regulation to deter “serial” inversions issued by Treasury in 2016 without…
Upcoming events
- An Evening to Socialize with the Boston Tax Community – Tuesday, October 17th from 6:00-7:30 PM.
- IFA November Fall Meeting – Kat Gregor will be presenting on current trends in transfer pricing litigation on November 16th.
Please reach out to…