Caroline Rule was quoted in a recent Bloomberg Tax article about the broad implications of a corporate tax loophole that the U.S. Tax Court upheld in its August 2024 decision in Varian Medical Systems Inc. v. Commissioner, 163 T.C. No. 4. The article, titled “Cisco, Booking Get Big Tax Benefits
Sharon McCarthy Also Named to Top 50 Women Lawyers in New York NEW YORK (October 25, 2024) — Eleven Kostelanetz attorneys have been named to New York Metro Super Lawyers for 2024 for their experience and skill in the areas of Tax, Criminal Defense: White Collar, and Business Litigation. In addition, partner Sharon L. McCarthy has
Kostelanetz LLP Partner Caroline Rule was recently quoted in Bloomberg Tax after speaking with senior reporter Michael Rapoport regarding the Varian ruling, a hot-button issue in international tax compliance for corporations. Varian Medical Systems Inc. v. Commissioner, 163 T.C. No. 4, was decided on August 26, 2024. Varian’s victory in
NEW YORK (August 15, 2024) — Best Lawyers in America® has recognized 15 Kostelanetz attorneys for its 2025 edition. Individual lawyers at Kostelanetz LLP have been recognized for their work in the firm’s key practice areas of tax law, tax controversy, and tax fraud, including litigation; white-collar criminal defense; commercial litigation; and trusts
NEW YORK (November 2, 2023) — Kostelanetz LLP has been recognized for its “professional excellence” in all of our firm’s primary practice areas — Tax Law; Litigation and Controversy – Tax; Criminal Defense: White-Collar; Commercial Litigation; and Trusts & Estates — by the 2024 U.S. News – Best Lawyers® “Best Law Firms” list. The 2024 U.S.
Sharon McCarthy Also Named to Top 100 Lawyers in New York and Top 50 Women Lawyers in New York NEW YORK (September 25, 2023) — New York Metro Super Lawyers has selected 11 Kostelanetz attorneys for inclusion on its 2023 list, recognizing the firm’s experience and skill in the areas
By Caroline Rule ABA Tax Times Volume 42, No. 4 – Summer 2023 In the next Supreme Court term, the Justices will hear argument on whether the Mandatory Repatriation Tax (MRT), violates the Sixteenth Amendment. Depending on how the Court decides this issue, the case could be the most important
Caroline Ciraolo Also Selected ‘Lawyer of the Year’ NEW YORK (August 17, 2023) — Thirteen Kostelanetz attorneys, including all ten partners, have been recognized by “Best Lawyers in America®” in the 2024 edition, and Caroline D. Ciraolo has been named “Lawyer of the Year” for Litigation and Controversy – Tax
On February 28, 2023, the U.S. Supreme Court issued a groundbreaking decision in the case of Alexandru Bittner v. United States (No. 21-1195), holding that the penalty for a non-willful failure to file a Report of Foreign Bank and Financial Accounts (FBAR) applies on a per-report basis, and not on
Claude M. Millman was quoted in an article in Law360 concerning pro bono litigation filed by Kostelanetz LLP, on behalf of the Human Services Council of New York and ten other nonprofits against the City of New York. The article notes: Claude M. Millman, who represents HSC, . . . . referenced the Seventh Circuit’s
