FOR IMMEDIATE RELEASE|
FRIDAY, MARCH 2, 2007
TDD (202) 514-1888
STATEMENT OF EILEEN J. O'CONNOR, ASSISTANT ATTORNEY GENERAL FOR THE JUSTICE DEPARTMENT'S TAX DIVISION ON THE FEDERAL CIRCUIT'S DECISION IN AD GLOBAL FUND, LLC V. UNITED STATES
Todays decision by the United States Court of Appeals for the Federal Circuit in AD Global Fund, LLC v. United States makes it clear that the United States’ efforts to combat abusive tax shelters will not be thwarted by implausible interpretations of the statute of limitations.