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Layla Asali's DC Bar Presentation Covered by Law360

Subtitle
"Writing Tax Reform Rules to Challenge IRS, Experts Say"

Law360

Layla Asali's "International Tax Series" presentation at the DC Bar was covered by Law360. Asali and her co-panelists discussed the international provisions of the tax reform bill and the urgent need for guidance from the Treasury Department and the Internal Revenue Service (IRS). Ambiguities or mistakes in legislation can be addressed through the Joint Committee on Taxation's Bluebook or the technical corrections process as well as through regulations, the panelists said, but the technical corrections process "has broken down given the highly politicized environment," further increasing the pressure on the IRS guidance process.