Fourth Quarter Newsletter 2017

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 co-head of the firm’s International practice group.  Grecian Magnesite Mining considered whether a foreign corporation’s

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 for most Americans, business tax relief, ending incentives to shift jobs and capital overseas, and

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 notice and comment violated the Administrative Procedure Act.  Although the ruling is clearly an important