On April 29, 2010, Michael J. Grace, Managing Director, and Joseph M. Persinger, Of Counsel, will present “Coca-Cola v. US: 6411 Versus 6611 and Other Adventures of Deficiency and Statutory Interest” at a meeting of the BNA Tax Management Advisory Board. The meeting will be held in New York, NY at the Waldorf-Astoria Hotel, 5:30-7:00 PM. Milbank represented Coca-Cola before the United States Court of Federal Claims, which granted the Company’s motion for summary judgment. See Coca-Cola Co. v. US, Fed. Cl., No. 03-1155 T, 6/3/09. Grace and Persinger will analyze the Court’s decision and also discuss other current issues involving IRS interest and penalties. Their article supplementing the presentation will be published in the Tax Management Memorandum (BNA).
Grace and Persinger focus their practices in part on Milbank’s Tax Account Analysis and Recovery Services (“TAARS®”). A specialized tax practice pioneered by Milbank, TAARS® identifies errors by the Internal Revenue Service and state revenue authorities (principally involving determinations of interest and penalties) and recovers for clients overcharged or underrefunded amounts. For additional information about TAARS®, please visit www.taars.com.