States continue to face budget deficits, and state taxing authorities are mindful of the shortfall. At the same time, businesses face surging whistleblower and consumer class action cases that involve seemingly ambiguous tax laws. Preparing for and reacting to a changing enforcement landscape is vital to mitigate risk and can also present meaningful opportunities for professionals to drive value. With the recent Supreme Court decision in South Dakota v. Wayfair Inc., which uproots decades of constitutional nexus standards, this is now especially true for tax departments.
We pride ourselves on robust experience advising both on individual state issues and from a national perspective. For decades, domestic and international clients have trusted us to assist with the most complicated state and local tax and unclaimed property/escheat matters coast-to-coast and at every level. Alston & Bird was named “Law Firm of the Year” in Tax Law in 2020 by U.S. News – Best Law Firms. Our ability to listen and respond to your specific needs is one reason Alston & Bird was ranked in the BTI Client Service 30 for 10 years, recognizing our superior client service.
Members of our team have led national unclaimed property initiatives, such as co-authoring the highly respected Bloomberg/BNA Unclaimed Property Portfolio on multistate tax management. We bring this high-profile know-how to bear when counseling our clients—many of them best-in-class companies in sophisticated industries—on unclaimed property and escheat matters. Our services range from compliance and planning to representation during voluntary disclosures, audits, and litigation of complex unclaimed property and consumer protection law issues.
Deep connections to federal, state, and local tax administrators give us an inside perspective that only comes after decades of building relationships.
In tax controversy and litigation, whether at the audit or administrative review level or in the courts, we evaluate the core issues at play and develop custom strategies to achieve the best possible outcome.
Whether we’re restructuring a transaction to minimize adverse tax impact, handling a multijurisdictional state tax controversy, or consulting on myriad technical issues, our goal is to ensure the right results consistent with each client’s own definition of value and success.