Skip to Main Content
 

WSJ Quotes Mark Allison on Benefits to U.S. Companies Complying with Tax Authorities

November 8, 2013, The Wall Street Journal

Mark D. Allison spoke with the Risk & Compliance Journal of The Wall Street Journal concerning how vital it is for U.S. corporations to remain in compliance as foreign countries become more aggressive in identifying companies trying to avoid paying taxes. "It's not just the financial costs that need to be considered," Mr. Allison said, as corporations are also having to weigh the impact of reputational problems that might arise from tax evasion cases that make the news, or if top executives are found to be evading taxes on their personal income. "It doesn't take much in procedures to avoid that damage. Corporate clients are more astute in implementing things, and those costs don't need to be that great," he said, as firms can use tools developed for their anti-money laundering programs and tweak them for use in their tax programs.  For the full article, please visit the WSJ's website (subscription required). 

________________________________________________

About Caplin & Drysdale
Having celebrated our 50th Anniversary in 2014, Caplin & Drysdale continues to be a leading provider of taxtax 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:
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.
© 2018 Caplin & Drysdale, Chartered
All Rights Reserved.