Jones Day, a global law firm with a substantial presence in tax law, has announced that Michael Coravos has joined the firm as of counsel within its Boston office. Coravos brings his expertise in tax litigation from his previous tenure at the Internal Revenue Service (IRS), where he served as a special trial attorney in the strategic litigation division.
In his new role, Coravos will focus on litigating complex corporate tax cases before the United States Tax Court. His portfolio will cover pivotal issues such as transfer pricing, cost-sharing arrangements, platform contribution transactions, subpart F income, and the handling of hybrid financial instruments. These areas are critical for multinational corporations dealing with international tax laws and intricate corporate transactions.
The transition of Coravos from a governmental role at the IRS to a significant position within one of the world’s most renowned law firms underscores a growing trend where law firms leverage seasoned governmental experience to enhance their litigation capabilities. His deep understanding of IRS operations will likely provide Jones Day with strategic insights into complex tax litigation matters, thereby benefiting their diverse clientele.
Jones Day’s tax practice is one of the cornerstone services it offers, addressing a wide array of legal challenges faced by corporations. The addition of Coravos is anticipated to fortify the firm’s capacity to navigate multifaceted tax disputes and offers their clients an edge by integrating expert knowledge from his IRS background.
For more detailed information about Jones Day’s recent announcement, visit Bloomberg Law.