Megan L. Brackney will participate in a panel titled “Current Penalty Issues” as part of the NYU School of Professional Studies’ Advanced International Tax Conference in July.

Description: Tax controversy professionals, and the Taxpayer Advocate, have long been sounding the alarm about the complex filing requirements for international information returns and the often life-altering penalties imposed for noncompliance. Due in part to the IRS’s overzealous approach towards enforcement in this area, taxpayers have challenged international information return penalties on various technical grounds and on the basis of reasonable cause. Recently, some of these challenges have been addressed by the courts. This session discusses recent cases in the area as well as their implications going forward.

Participants:

• Megan L. Brackney, Esq., Partner, Kostelanetz LLP, New York, NY
• Pedro E. Corona de la Fuente, Esq., Partner, Procopio, Washington, D.C.
• Victor A. Jaramillo, Esq., Partner, Caplin & Drysdale, Washington, D.C.
• Lawrence A. Sannicandro, Esq., Partner, McCarter & English, Newark, NJ
• Melissa L. Wiley, Esq., Partner, Lowenstein Sandler, Washington, D.C.

Registration details and full event programming are available here.