FOR IMMEDIATE RELEASE THURSDAY, OCTOBER 21, 2004 WWW.USDOJ.GOV |
TAX (202) 514-2008 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.
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04-713