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A 360-Degree View: August and September 2017

Upcoming Tax Controversy Activities in September:

September 13, 2017: Tom Jones is presenting an update on Captive Tax in Charleston, South Carolina, at the South Carolina Captive Insurance Association Annual Conference.

September 14, 2017: Robin Greenhouse and Kristen Hazel will be speaking at McDermott Will & Emery’s Tax in the City®: A Women’s Tax Roundtable meeting in New York City about tax ethics.

September 18, 2017: Justin Jesse is speaking at the PLI Basics of International Taxation session in San Francisco about “Tax Concerns for US Persons Investing or Operating Outside of the US (Outbound Investments) – Active Business Operations.”

Wrapping up August:.

Our August 2017 blog posts are available on taxcontroversy360.com, or read each article by clicking on the titles below. To receive the latest on tax controversy news and commentary directly in your inbox as they are posted, click here to subscribe to our email list.

August 3, 2017: Tax Court Addresses “Issue of First Impression” Defense to Penalties

August 7, 2017: President Trump Nominates Copeland and Urda to US Tax Court

August 8, 2017: Record Numbers Are Giving Up US Citizenship

August 9, 2017: TIGTA Pounces on IRS Federal Records Retention Policies; Recommends Changes

August 11, 2017: The IRS Is Struck Down Again in Privilege Dispute

August 14, 2017: McDermott Named “Law Firm of the Year” at 2017 US Captive Services Awards

August 16, 2017: Grecian Magnesite Mining v. Commissioner: Foreign Investor Not Subject to US Tax on Sale of Partnership Interest

August 17, 2017: Sovereign Immunity Principles Bar Taxpayers from Challenging John Doe Summonses

August 23, 2017: Court Rejects Taxpayer’s Claim for US-Swiss Treaty Coverage

August 24, 2017: Internal Revenue Service Updates Golden Parachute Payments Audit Technique Guide, Signaling Key Items IRS May Review on Audit

August 25, 2017: IRS Criminal Investigation Division Announces Two New Initiatives




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McDermott Named “Law Firm of the Year” at 2017 US Captive Services Awards

McDermott Will & Emery is pleased to announce our Captive Insurance team was named “Law Firm of the Year” at the 2017 US Captive Services Awards in Burlington, Vermont. Elizabeth Erickson, partner in our US & International Tax practice group, was on-site to accept the award on behalf of the Firm.

The judges noted that, “McDermott Will & Emery’s varied legal practice ensures captive clients can go to the firm on a range of issues – from claims and tax to regulatory and transactional.” The judges were impressed by the Firm’s “impressive book of case work and deep understanding of the captive sector.”

This is the second year in a row that McDermott earned a significant award from Captive Review. In 2016, the Firm received the “Onshore Law Firm of the Year” award for its contributions to the captive market through legal expertise and innovation, strategic vision and business winning client care. In past years, the Firm has also been named “Tax Advisory Firm of the Year” and “Captive Healthcare Specialist of the Year.”

McDermott’s Captive Insurance team provides integrated tax, corporate, regulatory and insurance coverage, and reinsurance claims and disputes services to captives and industry participants in high-profile matters affecting the global insurance and reinsurance markets. The team includes McDermott’s insurance coverage practitioners who have decades of experience litigating and resolving high-exposure coverage and reinsurance disputes throughout the United States and in offshore jurisdictions, as well as precedential and other sensitive matters affecting CGL, D&O, E&O, EPL, property, crime, marine, legacy and other lines of business.

For more information on the 2017 US Captive Service Awards, please click here.

by Reciprocity Studio




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