FOR IMMEDIATE RELEASE|
THURSDAY, AUGUST 14, 2003
TDD (202) 514-1888
STATEMENT OF ASSISTANT ATTORNEY GENERAL EILEEN J. O’CONNOR
REGARDING PETITION TO ENFORCE SUMMONSES ON JENKENS & GILCHRIST
“The integrity of our nation’s tax system requires that a transaction’s economic success not depend on the participants’ success in hiding it from the Internal Revenue Service. For this reason, the law requires that tax shelters be registered with the IRS, and that lists of those who participate in them be maintained and provided to the IRS upon request. Today’s petition seeks to enforce the law,” said Eileen J. O’Connor, Assistant Attorney General in charge of the Department’s Tax Division.