Steven Miller, alliantgroup’s National Director of Tax, presented on a panel with a current IRS executive to discuss current IRS enforcement initiatives. Key areas of focus were on the newly announced IRS audit campaigns, examination procedures, and the rebirth of reportable transactions and transactions of interest reporting.
Russell was joined by members of the Treasury Department and IRS Chief Counsel to address current developments in international taxation. Topics addressed included updates to the foreign tax credit rules and new regulations on certain cross-border M&A activity. Russell also address the potential impact to the U.S. from the recent European Union State Aid investigations.