Law360 Quotes Peter Barnes on Tax Morality

Some corporate tax directors lie awake at night thinking about public pressure over tax havens and fast-paced, highly publicized changes in legislative proposals, according to panelists at a tax conference Tuesday.

. . .

Stafford was responding to a question posed by Peter Barnes, the event's moderator and a senior international tax counsel at Caplin & Drysdale, on whether corporate leadership is focused on "tax morality" and public pressure over the use of tax havens.

Barnes said there's a "ton of attention" paid now to the "wealth divide" and "how terrible we, as tax professionals, are for tax planning," musing that his brother "watches what I do and thinks I must be a terrible, terrible person."

To view the full article, please visit Law360's website (subscription required).