FOR IMMEDIATE RELEASE|
THURSDAY, OCTOBER 21, 2004
TDD (202) 514-1888
STATEMENT OF ASSISTANT ATTORNEY GENERAL EILEEN J. OCONNOR
ON BLACK & DECKER CORPORATION v. UNITED STATES OF AMERICA
Eileen J. OConnor, Assistant Attorney General for the Tax Division, issued the following statement regarding Black & Decker v. United States of America, a contingent liability tax shelter case filed in U.S. District Court for the District of Maryland. The court today granted Black & Deckers motion for summary judgment:
We are disappointed in the courts decision. We believe our position in this case is supported by the facts and the relevant law. The Department is considering its options.