Caplin & Drysdale
Headquarters | Washington, D.C., United States |
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No. of offices | Two |
No. of attorneys | 67 |
Major practice areas | Tax Controversy and Fraud, International Tax, Exempt Organizations, Business Tax, Complex Litigation, Creditors' Rights, Political Law, Employee Benefits, Private Client and Corporate Law |
Date founded | 1964 |
Founder | Mortimer Caplin and Douglas Drysdale |
Company type | Corporation |
Website | |
www.caplindrysdale.com |
Having celebrated its 50th Anniversary in 2014, Caplin & Drysdale was founded by Mortimer Caplin, Commissioner of the Internal Revenue Service under Presidents Kennedy and Johnson, and Douglas Drysdale, who was a law professor at the University of Virginia School of Law. The firm continues to be a leading provider of tax, tax controversy, and litigation legal services to corporations, individuals, and nonprofits throughout the United States and around the world. The firm's attorneys also serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.
With offices in Washington, D.C., and New York City, Caplin & Drysdale's reputation over the years has earned them the trust and respect of clients, industry peers, and government agencies. Clients have come to rely on the attorneys' broad knowledge of the law and keen insights into clients' business concerns and personal interests. The attorneys' strong tactical and problem-solving skills - combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment - make Caplin & Drysdale one the nation's most distinctive law firms.
Caplin & Drysdale's core practice areas include: - Complex Litigation - Corporate Law - Corporate, Business & Transactional Tax - Creditors' Rights - Employee Benefits - Exempt Organizations - International Tax - Political Law - Private Client - Tax Controversies - Tax Litigation - White Collar Defense
History
After serving in President Kennedy's Task Force on Taxation, Caplin was appointed IRS Commissioner in January 1961. Caplin resigned from his post at the IRS in July 1964, and together with Douglas Drysdale , he established Caplin & Drysdale—a law firm providing comprehensive tax advice[1] . Since then, the firm has expanded its services to include bankruptcy, creditors’ rights, complex litigation, political law, private client, employee benefits, corporate law, and white collar defense .
Notable matters
- Official Committee of Unsecured Asbestos Claimants of Congoleum Corporation: Represented the Official Committee of Unsecured Asbestos Claimants of Congoleum Corporation and negotiated a plan of reorganization with Congoleum Corporation. Under the plan, a trust was created for the benefit of asbestos claimants.[2][3]
- National Association for the Advancement of Colored People: Guided the NAACP through a confrontational and highly visible IRS examination for alleged political campaign activity arising out of the 2004 election[4][5] The review concluded without the NAACP providing any access to its books and records and without any change to the organization’s tax status.
- General Electric: Advised General Electric and its affiliates in the areas of transfer pricing, tax treaty interpretation, the mutual agreement procedure, foreign tax credit questions, and a variety of other domestic and international issues.
- Petrobras: Advised Petrobras in regard to tax treaty matters and a variety of other matters relating to US-Brazil relations in the field of taxation.
- JPMorgan Chase: Provided counsel to JPMC and its affiliates with transfer pricing, the foreign tax credit, tax treaty interpretation, the mutual agreement procedure, and on issues of federal, state, and local political law.
References
Note: According to the guidelines of certain state bar associations, this entry may constitute as attorney advertising.