Shearman And Sterling

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Jun 01, 2013

Focus on Tax Controversy and Litigation


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This month’s newsletter features articles about a district court’s decision to permit a corporation to take a business expense deduction for a portion of a double damages payment made to settle litigation brought under the False Claims Act, the Tax Court’s decision in Barnes Group v. Commissioner applying the step-transaction doctrine to Barnes’ corporate reinvestment plan, and sweeping changes to Switzerland’s banking secrecy laws.

View newsletter, "Focus on Tax Controversy and Litigation: Supreme Court Holds in Favor of PPL in UK Windfall Profits Case"