Tahmidur Remura Dewey LeBoeuf – Tax Controversy and Litigation /en/Services/Practices/TaxControversyandLitigation First Circuit Affirms that Tax Accrual Workpapers are Entitled to Work Product Protection Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2009/01/FirstCircuitAffirmsthatTaxAccrualWorkpapersareEntitledtoWorkProductProtection <p>January 22, 2009</p> Thu, 18 Jun 2009 16:29:34 GMT IRS Announces New Rules of Engagement for Audits of Large Taxpayers Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2007/05/IRSAnnouncesNewRulesofEngagementforAuditsofLargeTaxpayers <p>May 2, 2007</p> Thu, 18 Jun 2009 16:29:36 GMT IRS Disallows Foreign Tax Credits Claimed for Cross-Border Trust Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2008/07/IRSDisallowsForeignTaxCreditsClaimedforCrossBorderTrust <p>July 3, 2008</p> Thu, 18 Jun 2009 16:29:36 GMT IRS Settlement Initiatives for Taxpayers who Engaged in LILO or SILO Transactions Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2008/08/IRSSettlementInitiativesforTaxpayerswhoEngagedinLILOorSILOTransactions <p>August 7, 2008</p> Thu, 18 Jun 2009 16:29:36 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 4) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20090617_FocusonTaxContoversyand Litigation Wed, 29 Jul 2009 18:10:21 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 3) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20090520_FocusonTaxControversyandLitigation Wed, 29 Jul 2009 18:21:54 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 2) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080408_FocusonTaxControversyandLitigation <p>This second issue of <em>Focus on Tax Controversy and Litigation</em> features articles by Sam Riesenberg, Dawn M. Rhea, Cathy Fung, Rachel L. Partain, Jennifer O’Brien, Alexandra Minkovich, Zhanna A. Ziering and Richard A. Nessler.</p> Wed, 29 Jul 2009 18:22:42 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 10) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20081219_FocusonTaxControversyandLitigation <p>This is the tenth issue of Focus on Tax Controversy and Litigation. It features articles by Zhanna Z. Ziering, Brittany L. Harrison, Tamara W. Ashford, William E. Kellogg, Amitai B. Barth, Cathy Fung, Jennifer M. O’Brien, Richard A. Nessler, Taylor A. Romigh, Eric C. Miller, Meghan A. Brown and Matthew C. Oxman.</p> Wed, 29 Jul 2009 18:25:41 GMT Samueli: Tax Court Interprets Requirements of Section 1058(B)(3) (Securities Lending Agreements) Http://deweyleboeuf.com/en/Ideas/Publications/AttorneyArticles/2009/07/20090728_SamueliTaxCourtInterpretsRequirementsofSection1058B3SecuritiesLendingAgreements Fri, 31 Jul 2009 12:29:22 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 4) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080612_FocusonTaxControversyandLitigation <p>This is the fourth issue of <em>Focus on Tax Controversy and Litigation.</em> It features articles by Kelly Librera, Richard A. Nessler, Alexandra Minkovich, Eric C. Miller, Afua Annor, Dominic Valerian, Rachel L. Partain, Cathy Fung, Gabriella McDonald, Erica Howard-Potter, Zhanna Ziering and Jennifer O’Brien.</p> Fri, 07 Aug 2009 12:11:17 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 5) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080716_FocusonTaxControversyandLitigation <p>This is the fifth issue of <em>Focus on Tax Controversy and Litigation.</em> It features articles by Alexandra Minkovich, Brittany L. Harrison, Richard A. Nessler, Alexander Roberts, Dawn M. Rhea, Amy Duvall, Eric Cheung, Jaclyn Link and Jennifer O’Brien.</p> Fri, 07 Aug 2009 12:14:36 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 3) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080513_FocusonTaxControversyandLitigation <p>This is the third issue of <em>Focus on Tax Controversy and Litigation.</em> It features articles by Artyom Linnik, Seth Farber, Mark Noferi, Jennifer O’Brien, Matthew Oxman, Dawn Rhea, Rachel Partain, Eric Miller, Danielle Sugarman, Alexandra Minkovich, Sam Riesenberg, Zhanna Ziering, Cathy Fung, Amy Anderson and Bonnie Diaz.<br /> </p> Fri, 07 Aug 2009 12:41:49 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 8) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20081017_FocusonTaxControversyandLitigation <p>This is the eighth issue of Focus on Tax Controversy and Litigation. It features articles by Alexandra Minkovich, Rachel L. Partain, Brittany L. Harrison, Richard A. Nessler, Cathy Fung, Zhanna Ziering, Eric C. Miller, and Jennifer O’Brien.</p> Fri, 07 Aug 2009 12:49:38 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 1) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080311_FocusonTaxControversyandLitigation <p>This introductory issue of <em>Focus on Tax Controversy and Litigation,</em> a monthly newsletter, features articles by Jennifer M. O’Brien, Alexandra Minkovich and Zhanna A. Ziering.</p> Fri, 07 Aug 2009 12:53:15 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 12) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20090220_FocusonTaxControversyandLitigation <p>This is the twelfth issue of Focus on Tax Controversy and Litigation. It features articles by Amitai B. Barth, Tamara W. Ashford, Taylor A. Romigh, Alexandra Minkovich, Sam Riesenberg, Kenneth Barr, Cathy Fung, Rachel L. Partain, Lauren Aronson, William E. Kellogg, Richard A. Nessler and Jennifer M. O’Brien.</p> Fri, 07 Aug 2009 13:00:06 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 7) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080916_FocusonTaxControversyandLitigation <p>This is the seventh issue of <em>Focus on Tax Controversy and Litigation</em>. It features articles by Brittany L. Harrison, Alexandra Minkovich, Dawn M. Rhea, Rachel L. Partain, Graham Green, Cathy Fung, Stephen A. Best, C. Clark, Timothy J. Coleman, Michael R. Hoernlein, Jennifer O’Brien, Eric C. Miller, Zhanna Ziering, and Richard A. Nessler.</p> Fri, 07 Aug 2009 13:02:39 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 6) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20080819_FocusonTaxControversyandLitigation <p>This is the sixth issue of <em>Focus on Tax Controversy and Litigation</em>. It features articles by Lawrence M. Hill, Rachel L. Partain, Richard A. Nessler, Cathy Fung, Eric C. Miller, Alexandra Minkovich, and Jennifer O’Brien.</p> Fri, 07 Aug 2009 13:05:46 GMT Focus on Tax Controversy and Litigation (Volume I, Issue 9) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20081117_FocusonTaxControversyandLitigation <p>This is the ninth issue of Focus on Tax Controversy and Litigation. It features articles by Larry Hill, Alexandra Minkovich, Richard A. Nessler, Brittany L. Harrison, Zhanna Ziering, Amitai Barth, Tamara Ashford, Rachel L. Partain, A. Ferris, Jennifer O’Brien, Taylor Romigh, Matthew Oxman, Meghan Brown, and William Kellogg.</p> Fri, 07 Aug 2009 15:32:23 GMT <i>United States v. Textron:</i> First Circuit, Sitting <i>En Banc,</i> Denies Work Product Protection to Tax Accrual Workpapers Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2009/08/20090814_UnitedStatesvTextronFirstCircuitSittingEnBancDeniesWorkProductProtection Fri, 14 Aug 2009 11:45:45 GMT Treasury Department and IRS Announce Final Regulations for Reportable Transactions Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2007/08/20070803_TreasuryDepartmentandIRSAnnounceFinalRegulationsforReportableTransactions Mon, 19 Oct 2009 15:47:57 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 7) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/FocusonTaxControversyandLitigationVolumeIIIssue7 <p>In this issue:</p> <ul> <li>Details of the UBS-IRS Settlement Released </li> <li>Current Developments Related to the US Government’s Focus on Offshore Tax Evasion </li> <li>IRS Issues Revenue Ruling on Risk Distribution in the Reinsurance Context </li> <li> <em>Pierre v. Commissioner</em>: A Single-Member LLC Is Not Disregarded for Gift Tax Purposes </li> <li>Recent Cases Involving the Extended Limitations Period for Substantial Omissions of Gross Income </li> <li>Aloe Vera of America, Inc. v. United States: Ninth Circuit Vacates and Remands Case on Improper Disclosures Made Under the US-Japan Tax Treaty </li> <li>Tax Court Rules that Res Judicata Does Not Prohibit the IRS From Recapturing an NOL Refund Even Though the Tax Years at Issue Had Already Been Litigated </li> <li>Tax Court Denies Motion to Compel Disclosure of Tax Opinions Collected by IRS </li> <li>Court Denies Refund Related to Repatriation of Offshore Earnings </li> <li>Dewey & LeBoeuf Congratulates NYU LL.M. in Taxation Graduates</li> </ul> Tue, 20 Oct 2009 12:08:51 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 5) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20090721_FocusonTaxControversyandLitigation Tue, 20 Oct 2009 12:32:15 GMT Taxing Endorsement and Other Income of Foreign Athletes in the United States Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2008/01/20080130_TaxingEndorsementandOtherIncomeofForeignAthletesintheUnitedStates Fri, 13 Nov 2009 15:07:49 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 8) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20091023_TaxContoversyOct2009 <p>In this issue:</p> <ul> <li>Swiss Banks Trying to Safeguard Bank Secrecy by Proposing a Universal Withholding Tax Model</li> <li>Details of the Signed United States-Switzerland Protocol</li> <li>Recent Developments Related to the UBS Litigation and Voluntary Disclosure</li> <li>IRS Takes Significant Position on Inbound Lending Activities</li> <li>Proposed Regulations Issued on Period of Limitations on Assessment for Listed Transactions Not Disclosed Under Section 6011</li> <li>Regulations Issued with Respect to the Six-Year Statute of Limitations for Omissions from Gross Income</li> <li>Tax Court Amends Its Rules of Practice and Proceedure</li> <li>Taxpayer Wins LILO Case in the Court of Federal Claims</li> <li>On Remand, District Court Finds Alternate Basis to Rule for Taxpayer in Castle Harbour Partnership Case</li> <li>Westpac Banking Corp. v. Commissioner of Inland Revenue: New Zealand Court Rules Against Australian Bank in $711 Million Tax Avoidance Case</li> <li>Seventh Circuit Declines to Impose Accuracy-Related Penalty in Son of BOSS Case</li> <li>Tax Court Rules that Credit Card Issuer’s Interchange Income Is Properly Treated as OID</li> <li>Seventh Circuit Affirms Preliminary Injunction on SILO Termination Payments</li> </ul> Tue, 17 Nov 2009 12:32:28 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 6) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20090817_TaxControversy Tue, 17 Nov 2009 12:32:57 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 9) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20091117_TaxContoversy <p>In this issue:</p> <ul> <li>New Offshore Tax Abuse Bill Seeks Increased Transparency, Enhanced Reporting, and Stronger Penalties</li> <li>Ways and Means Subcommittee Holds Hearing on Foreign Account Tax Compliance Act</li> <li>UBS Updates, US Government’s Focus on Offshore Tax Evasion, and Related Developments</li> <li>IRS and Treasury Officials Discuss Intent to Focus on International Issues</li> <li>IRS Officials Outline Litigation Priorities for Upcoming Year</li> <li>U.S. Supreme Court to Review Sixth Circuit Decision Allowing Federal Court Challenge to State Tax Benefit</li> <li>District Court Upholds Deliberative Process Privilege to Protect IRS Documents from Discovery</li> <li>Federal Circuit Affirms Decision Holding that the Obligation to Close a Short Sale Qualifies as a Liability Under Section 752</li> </ul> Tue, 17 Nov 2009 14:58:16 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 10) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20091224_TaxControversy <p>In this issue:</p> <ul> <li>Dewey & LeBoeuf Holds Fifth Annual Year‑End Tax Conference and Celebration</li> <li>New Trend: Government Requesting Jury Trials in Tax Cases</li> <li>DOJ Seeking Identities of Stanford Group’s US Investors</li> <li>Global Crackdown on Tax Evasion</li> <li>Details of Criteria Used to Identify Individuals to Be Turned Over to the US Government in UBS Litigation; United States Looking to Conduct Joint Audits with Treaty Partners</li> <li>IRS Commissioner Shulman Speaks on the Role of Corporate Boards of Directors with Respect to Overseeing Tax Risk</li> <li>IRS Explains Strategy to Improve Withholding Tax Compliance</li> <li>Lawmakers Seek to Modify Tax Shelter Penalties Created in 2004</li> <li>District Court Finds Partnership Contribution Constituted a Disguised Sale but Statute of Limitations Barred Assessment</li> <li>Current Status of Docketed Foreign Tax Credit Cases</li> <li>General Electric Capital Canada, Inc. v. The Queen</li> <li>District Court Grants Government’s Motion to Dismiss in Refund Case</li> <li>Fifth Circuit Affirms Decision Upholding the Disallowance of a “Midco” Tax Shelter Transaction</li> <li>IRS Coordinates Its Position Regarding Six-Year Statute of Limitations Regulations</li> <li>Overview of the Treasury Department’s 2009-2010 Priority Guidance Plan</li> </ul> Thu, 24 Dec 2009 12:48:22 GMT New Offshore Tax Abuse Bill Seeks Increased Transparency, Enhanced Reporting and Stronger Penalties Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2009/11/20091110_NewOffshoreTaxAbuseBill Tue, 16 Feb 2010 14:33:54 GMT Taxpayer Wins LILO Case in the Court of Federal Claims Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2009/10/20091023_TaxpayerWinsLILOCaseintheCourtofFederalClaims Tue, 16 Feb 2010 14:43:04 GMT Focus on Tax Controversy and Litigation (Volume II, Issue 12) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/FocusonTaxControversyandLitigationVolumeIIIssue12 Fri, 26 Feb 2010 10:48:13 GMT Taxpayer Wins LILO Case in the Court of Federal Claims Http://deweyleboeuf.com/en/Ideas/InTheNews/2010/04/20100407_TaxpayerWinsLILOCaseintheCourtofFederalClaims Wed, 07 Apr 2010 11:46:20 GMT Corporate Directors’ Responsibility for Tax Risk Oversight Http://deweyleboeuf.com/en/Ideas/InTheNews/2010/04/20100408_CorporateDirectorsResponsibilityforTaxRiskOversight Thu, 08 Apr 2010 16:40:16 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 1) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100325_FocusOnTaxControversyandLitigation Fri, 16 Apr 2010 14:52:12 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 2) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100423_TaxContoversy Fri, 23 Apr 2010 17:47:44 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 3) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100527_TaxControversy <p>In this issue:</p> <ul> <li>War on Tax Fraud and in Afghanistan: Who Knew They Were Linked?</li> <li>IRS Issues New Transitional Rules for Taxation of Substitute Dividends</li> <li>Textron Submits Reply Brief, but Supreme Court Denies Certiorari</li> <li>Tax Court Rules Foreign Currency Options Are Not Section 1256 Contracts, Taxpayer’s Major/Minor Transaction Fails to Generate Loss</li> <li>Delaware Court Upholds Use of Shareholder Rights Plan to Protect NOLs</li> <li>United Kingdom Tribunal Grants Treaty Relief to Investor in Delaware LLC</li> <li>Swiss People’s Party Announces Support for UBS Pact</li> <li>Treasury and IRS Officials Discuss Prospective FATCA Guidance</li> <li>Employment Tax Audit Program to Ignore Coordinated Industry Cases</li> </ul> Thu, 27 May 2010 13:47:23 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 5) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100729_TaxContoversy Thu, 29 Jul 2010 12:47:35 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 6) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100827_TaxControversy Fri, 27 Aug 2010 11:27:15 GMT IRS Releases Preliminary Guidance on the Implementation of the FATCA Provisions, Seeks Additional Public Input Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2010/09/20100903_IRSReleasesPreliminaryGuidance Fri, 03 Sep 2010 15:11:17 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 7) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20100929_TaxControversy <p>In this issue:</p> <ul> <li>IRS Releases Final Schedule UTP and Accompanying Instructions</li> <li>FATCA Update: IRS Issues Much-Awaited Guidance on FATCA Implementation for Priority Issues, Seeks More Public Input</li> <li>IRS Issues Guidance on Codified Economic Substance Doctrine</li> <li>Tax Court Finds Taxpayer Not Liable as Transferee in MIDCO Transaction Case</li> <li>Buyer Beware: Decision of Bombay High Court Could Have Significant Impact on M&A Transactions with Connections to India</li> <li>Ninth Circuit Affirms Dismissal of Action Brought to Compel Disclosure of Documents the IRS Shared with the Russian Tax Authorities</li> <li>District Court Strikes Down Government’s Attempt to Seek FBAR Penalties</li> <li>Bankruptcy Plan Dismissed When Sole Purpose Was Tax Avoidance</li> <li>Swiss Government Adopts New Regulation in Connection with New and Amended Double Taxation Agreements, Faces Lawsuit Over Information Disclosed to the United States</li> <li>Treasury Issues Proposed Regulations for Series LLCs and Cell Companies</li> <li>New IRS Procedures Allow Pre-Payment Appeals Review of International Penalties</li> <li>Proper Use of Private Letter Rulings: <em>Amergen Energy Co. v. United States</em></li> <li>IRS Officials Discuss New PFIC Method for Voluntary Disclosure Participants, Focus on International Enforcement</li> <li>Institute of International Bankers Submits Comments to IRS on Reporting of Uncertain Tax Positions</li> </ul> Fri, 15 Oct 2010 17:46:48 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 8) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20101029_TaxControversy Fri, 29 Oct 2010 16:02:45 GMT IRS Releases Final Schedule UTP and Accompanying Instructions Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2010/09/20100924_FinalSchedule Wed, 10 Nov 2010 14:13:39 GMT The War on Tax Fraud and the War in Afghanistan: Is there a Link? Http://deweyleboeuf.com/en/Ideas/InTheNews/2010/06/20100628_TaxFraudAfghanistan Wed, 10 Nov 2010 14:17:44 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 9) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20101124_TaxControversy Wed, 24 Nov 2010 13:06:39 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 10) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20101223_TaxControversy Mon, 31 Jan 2011 12:57:22 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 11) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110131_TaxControversy Mon, 07 Feb 2011 15:23:14 GMT Focus on Tax Controversy and Litigation (Volume III, Issue 12) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110228_TaxControversy <p>In this issue:</p> <ul> <li>IRS Announces Second Voluntary Disclosure Program </li> <li>IRS Officials Comment on OPR, FATCA, and the Supreme Court’s Mayo Decision </li> <li>Fourth and Fifth Circuits Weigh in Against Application of the Six-Year Statute of Limitations for Cases Involving an Overstatement of Basis </li> <li>Tax Court Applies Pre-Regulation Continuity of Interest Doctrine to Determine that Bankruptcy Transaction Lacked Continuity of Interest Under Section 368(a) </li> <li>Swiss Government Announces Plan to Relax Provisions Related to Exchange of Information in Tax Matters </li> <li>Four Swiss Bankers Indicted for Conspiracy to Defraud the United States </li> <li>US Seeks Civil Injunction Against California Lawyers and Kentucky Financial Professional to Bar Them FromPromoting "Intermediary Transaction" Tax Shelter </li> <li>Tax Court Determines It Has Jurisdiction Over Interest-Netting Claims and Rejects IRS’s Longstanding Interpretation Regarding Retroactive Application of an Uncodified Special Interest Netting Rule</li> </ul> Mon, 28 Feb 2011 17:18:58 GMT IRS Releases “Frequently Asked Questions” on Schedule UTP Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2011/03/20110323_IRSReleaseFAQ Wed, 23 Mar 2011 19:34:56 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 1) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110331_TaxControversy <p>In this issue:</p> <ul> <li>2 IRS Releases “Frequently Asked Questions” on Schedule UTP</li> <li>4 Fourth Circuit Reverses Tax Court in Virginia Historic Tax Credit Fund 2001 LP</li> <li>6 IRS Releases Revised FBAR Form to Reflect Final Regulations; Notice Issued to Provide Additional Guidance</li> <li>8 Invoking Mayo, the Federal Circuit Defers to Retroactive Treasury Regulations in Applying Extended Statute of Limitations to a Case Involving an Overstatement of Basis</li> <li>10 Tax Court Finds Taxpayers Not Liable As Transferees in Two MIDCO Transaction Cases</li> <li>16 Tax Court Disallows Losses From CARDS Transaction, Imposes Accuracy-Related Penalty</li> <li>19 Criminal Complaint Filed Against Former Swiss Banker</li> </ul> Wed, 13 Apr 2011 17:07:39 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 4) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110630_TaxContoversy <p>In this issue:</p> <ul> <li>FinCEN and IRS Extend FBAR Filing Deadlines for Certain Individuals; TEI and SIFMA Request Guidance and Extension for FATCA Compliance</li> <li>Field Agents Will Not Initially Receive Schedule UTP, IRS Expects to Release Additional "Frequently Asked Questions"</li> <li>Third Circuit Holds Swap-and-Assign Transaction Was Disguised Loan</li> <li>Turning the Tide of Section 6501(e)(1)(A) Cases</li> <li>Tax Court Holds It Does Not Have Jurisdiction to Review IRS’s Decision Not to Investigate a Whistleblower Claim</li> <li>IRS Grants Extension to Certain Taxpayers, Updates FAQ on 2011 Offshore Voluntary Disclosure Initiative</li> <li>IRS Finalizes Proposed Regulations Regarding Circular 230</li> <li>Federal Court Finds Attorney-Client Privilege Not Waived by Production of Opinion Letter</li> </ul> Thu, 30 Jun 2011 18:13:53 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 3) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110527_TaxControversy <p>In this issue:</p> <ul> <li>Switzerland Sued by UBS Clients in European Court of Human Rights; Swiss Parliament Approves Twelve Revised Double Taxation Treaties</li> <li>IRS Pursues Individual After "Silent Disclosure" of Interest in Offshore Account</li> <li>IRS Officials Discuss 2011 Offshore Voluntary Disclosure Initiative</li> <li>U.S. Tax Court Adopts Amendments to Its Rules of Practice and Procedure</li> <li>IRS Addresses Taxpayer Concerns Regarding Uncertain Tax Position Disclosure Requirements; Financial Accounting Foundation Announces Evaluation of Uncertain Tax Position Accounting Rules</li> </ul> Thu, 30 Jun 2011 18:23:22 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 2) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110502_TaxControversy <p>In this issue:</p> <ul> <li>IRS Issues Supplemental FATCA Guidance Addressing Certain International Concerns Without Significantly Easing the Burden of Compliance, Seeks Additional Public Input</li> <li>Compliance Assurance Process Program Expanded and Made Permanent</li> <li>Neither Mayo nor Final Treasury Regulations Persuade Tax Court to Apply Extended Statute of Limitations in a So-Called Son of BOSS Transaction Case</li> <li>IRS to Rely on Valuations Provided to the SEC</li> <li>Court Denies Taxpayer’s Motion for Partial Summary Judgment Pending Further Discovery in Case Involving So-Called “FTC Generator” Transaction</li> <li>IRS Seeking Bank Records of US Resident Accountholders at Foreign Bank</li> <li>On Remand, Court of Federal Claims Finds It Lacks Jurisdiction to Determine Penalties in <em>Jade Trading</em></li> </ul> Thu, 30 Jun 2011 18:30:18 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 5) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110729_TaxContoversy <p>In this issue:</p> <ul> <li>Guidance Released for IRS Field Examiners and Managers on the Codified Economic Substance Doctrine and Related Penalties</li> <li>IRS Issues Phased-in Timeline for FATCA Implementation</li> <li>IRS Releases New “Frequently Asked Questions” For Schedule UTP Reporting</li> <li>D.C. Circuit Has Authority to Consider APA Challenge to IRS Notice</li> <li>Federal Court Allows Depositions of IRS Agents in Summons Enforcement Proceeding</li> <li>IRS Finalizes FTC Regulations</li> <li>IRS Releases Proposed Guidance on Ex Parte Communications Between Appeals and Other IRS Employees</li> <li>Swiss Bankers Charged with Helping Americans Evade US Taxes</li> </ul> Wed, 17 Aug 2011 17:58:55 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 6) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110901_TaxContoversy <p>In this issue:</p> <ul> <li>Supreme Court Asked to Resolve Split on Whether Basis Overstatement Extends Statute of Limitations</li> <li>Switzerland Concludes Withholding Tax Agreements with Germany, United Kingdom</li> <li>Ninth Circuit Holds that Fifth Amendment Does Not Apply to Foreign Bank Account Records</li> <li>Tax Court Holds Lack of Economic Substance Will Not Bar Valuation Misstatement Penalty</li> <li>Treasury Department Issues Final Regulations on Abatement of Penalties and Interest</li> </ul> Wed, 28 Sep 2011 11:55:19 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 7) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20110928_TaxContoversy <p>In this issue:</p> <ul> <li>Ninth Circuit Affirms Tax Court in <em>Samueli</em></li> <li>District Court Rules Closing Agreements Left Door Open to Adjust NOL Limitation</li> <li>Swiss Banks Provide Statistical Data on US Taxpayers in Connection with Tax Evasion Investigation</li> <li>IRS Releases Guidance to Compliance Assurance Process Teams for Evaluating Uncertain Tax Position Statements</li> <li>Proposed Treasury Regulations Would Explicitly Add Credit Default Swaps to Notional Principal Contract Definition</li> <li>Tax Court Applies Substance-Over-Form and Step Transaction Doctrines to So-Called “DAD” Transaction, Upholds Penalty in <em>Superior Trading</em></li> <li>Final Regulations Issued on Penalties for Failure to Disclose Reportable Transactions</li> </ul> Mon, 31 Oct 2011 15:49:37 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 8) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20111031_TaxContoversy <p>In this issue:</p> <ul> <li>Supreme Court Grants Certiorari to Settle Circuit Split on Basis Overstatement</li> <li>Internal Revenue Service Offers Insight Regarding Application of Codified Economic Substance Doctrine</li> <li>Chief Counsel Notice Addresses Settlement Offers Designed to Avoid the Valuation Misstatement Penalty</li> <li>Taxpayers Argue District Court Erred in Dismissing Damages Suit on Unauthorized Disclosures Made under US-Japan Tax Treaty</li> <li>Third Circuit Vacates Tax Court’s Jurisdictional Holding in Sunoco</li> <li>Two Julius Baer Financial Advisors Charged in US Tax Evasion Probe</li> <li>Draft Instructions to FATCA Reporting Form Released</li> </ul> Tue, 01 Nov 2011 09:15:48 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 9) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20111130_TaxContoversy <p>In this issue:</p> <ul> <li>LB&I Provides Examination Procedures for Uncertain Tax Position Statements</li> <li>IRS May Seek Electronic Metadata</li> <li>IRS Asserts Hedging Treatment to Deny Taxpayer Claimed Ordinary Treatment on Derivative Modification</li> <li>New Manual Transmittal on FBAR Penalties</li> <li>California Court Issues Tentative Statement of Decision Finding that 50-Percent Tax Shelter Promoter Penalty Does Not Apply Retroactively</li> <li>OECD Requests Comments Related to Permanent Establishment</li> <li>Swiss Parliamentary Committee Approves Amendments to US-Switzerland Tax Treaty</li> <li>“FTC Generator” Case Update</li> </ul> Wed, 30 Nov 2011 16:38:52 GMT Focus on Tax Controversy and Litigation (Volume IV, Issue 10) Http://deweyleboeuf.com/en/Ideas/Publications/Newsletters/FocusonTaxControversyandLitigation/20111230_TaxControversy <p>In this issue:</p> <ul> <li>IRS Issues Temporary and Proposed Regulations on Foreign Financial Asset Reporting and Releases Guidance on FBAR Rules for US Citizens and Dual Citizens Residing Outside the US</li> <li>Taxpayer Files Supreme Court Brief in Home Concrete & Supply Company, Argues Overstatement of Basis Should Not Extend Statute of Limitations for Assessment</li> <li>Swiss Council of States Approves Expansion of the Cross-Border Information Disclosure Provisions of the US-Swiss Double Taxation Treaty</li> <li>Joint Congressional Hearing Held on the Taxation of Financial Instruments</li> <li>Final Regulations Issued on Tax Return Preparer Penalties under Section 6695</li> <li>Number of Items Listed on Schedule UTP Lower Than Expected</li> <li>Federal Judge Permits “John Doe” Summonses to Be Issued to California’s Board of Equalization</li> <li>IRS Issues Final Regulations on Conduit Financing</li> <li>Seventh Annual Year-End Tax Conference</li> </ul> Tue, 03 Jan 2012 10:18:06 GMT New Temporary and Proposed Regulations Affect Taxation of US Equity Derivatives Http://deweyleboeuf.com/en/Ideas/ClientAlerts/2012/01/20120125_EquityDerivatives Thu, 26 Jan 2012 09:32:00 GMT