Skip to Main Content
 

Tax Analysts Quotes Clark Armitage on IRS Resignations Affecting U.S.-India Talks on MAP Cases

July 8, 2014, Tax Analysts

Caplin & Drysdale's J. Clark Armitage spoke with Tax Analysts regarding the recent leadership resignations at the IRS' Large Business and International Division which could have an adverse effect on U.S.-India negotiations about stalled treaty mutual agreement procedure cases.  For the full article, please visit Tax Analysts' website (subscription required).

Excerpt taken from the article "IRS Resignations Could Affect U.S.-India Talks on MAP Cases" by Stephanie Soong Johnston for Tax Analysts.

According to J. Clark Armitage of Caplin & Drysdale, the resignations of key officials, especially Danilack, come at an "unfortunate time" for U.S.-India MAP negotiations.

"At a time when India has just elected a new government that has offered some hopeful signs about how it's going to treat multinational corporations, this would be the optimal time to be engaging the Indian tax administration and competent authority," said Armitage, deputy director of the IRS APA program from 2008 to 2010. "These departures mean that is going to be delayed."

Armitage said the departures of Maruca and Danilack could stall the momentum of positive developments in U.S.-India discussions. "Even once you've filled their shoes with a new set of managers, they're going to have to be cautious and gain an understanding of what's transpired already and make their own decisions about how to proceed," he said.

________________________________________________

About Caplin & Drysdale
Having celebrated our 50th Anniversary in 2014, Caplin & Drysdale continues to be a leading provider of tax, tax controversy, and litigation legal services to corporations, individuals, and nonprofits throughout the United States and around the world. We are also privileged to serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.

The firm's reputation over the years has earned us the trust and respect of clients, industry peers, and government agencies. Moreover, clients rely on our broad knowledge of the law and our keen insights into their business concerns and personal interests. Our lawyers' strong tactical and problem-solving skills - combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment - make us one the nation's most distinctive law firms.

With offices in New York City and Washington, D.C., Caplin & Drysdale's core practice areas include:

-Bankruptcy
-Business, Investment & Transactional Tax
-Complex Litigation
-Corporate Law
-Employee Benefits
-Exempt Organizations
-International Tax
-Political Law
-Private Client
-Tax Controversies
-Tax Litigation
-White Collar Defense

For more information, please visit us at www.caplindrysdale.com.

Washington, DC Office:
One Thomas Circle, NW
Suite 1100
Washington, DC 20005
202.862.5000
        New York, NY Office:
600 Lexington Avenue
21st Floor 
New York, NY 10022
212.379.6000

___________________________

Disclaimer
This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other reader. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome.

Attorney Advertising
It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.

© 2017 Caplin & Drysdale, Chartered
All Rights Reserved.

Related Professionals

Related Practices