|By PR Newswire||
|November 27, 2012 11:24 AM EST||
WASHINGTON, Nov. 27, 2012 /PRNewswire/ -- Gary Wilcox has joined PwC US as co-leader of the firm's US Tax Controversy and Dispute Resolution (TCDR) practice resident in the Washington National Tax Services (WNTS) office, the firm announced today.
PwC's TCDR practice includes professionals located throughout the U.S. with years of experience in resolving IRS disputes, ranging from former high-level government officials to major law firm partners and in-house tax executives at large multinationals. Given the increased volume and scope of IRS enforcement efforts, the TCDR team strives to help companies minimize the disruption to business operations stemming from IRS disputes by preventing such disputes, proactively managing them when they do occur, and effectively resolving them in a manner that avoids costly and unpredictable litigation. The US TCDR team is closely integrated with PwC's Global TCDR Network led by David Swenson, which comprises hundreds of transfer pricing and other controversy professionals located throughout the world.
Mr. Wilcox, who most recently led the tax practice at Morgan, Lewis & Bockius LLP, was litigation counsel to Iberdrola and ScottishPower in NAGP v. Commissioner, a 2012 Tax Court decision that has received widespread attention for upholding nearly $1 billion of taxpayer's interest deductions on cross-border intercompany debt.
Formerly Deputy Chief Counsel for the IRS, Mr. Wilcox helped lead the government's development of positions on technical tax issues and the issuance of regulations and rulings. Earlier in his career he served as a leader of PwC's Tax M&A practice in Washington, D.C.
"Our clients will benefit from Gary's deep understanding of the tax code stemming from his role as the IRS' deputy chief counsel, as well as his extensive private practice controversy and transactional experience. Both roles make him uniquely qualified to help companies manage audits and resolve disputes effectively and efficiently," notes Pam Olson, leader of PwC's Washington National Tax Services and deputy tax leader, and former Assistant Secretary of Tax Policy at the Treasury Department.
TCDR Co-leader Kevin Brown, who joined PwC's Washington National Tax Services office in 2008, served as Acting IRS Commissioner and IRS Deputy Commissioner, among other government positions, including litigating dozens of cases as a trial attorney with Tax Division of the Justice Department. The TCDR team also includes a number of former high-level officials at the US Treasury and IRS, among them:
- Liz Askey, who served as Associate Tax Legislative Counsel within Treasury's Office of Tax Policy, and has many years of private practice controversy experience. Liz joined the team in September 2012.
- Linda Stiff, former Deputy and Acting IRS Commissioner, who joined the team in 2008
- Barry Shott, former US Competent Authority who joined the team in 2010.
Mr. Wilcox will also serve as co-leader of the firm's Legislative & Regulatory practice within WNTS, along with co-leader Brian Meighan.
About the PwC Network
PwC firms help organizations and individuals create the value they're looking for. We're a network of firms in 158 countries with more than 180,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com.
© 2012 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
SOURCE PwC US
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