Hess, Exxon, Shell Take on DC in Tax Software Row

Overview


Stephen Kranz, M. Miller Baker and Diann Smith represent three major oil companies in an administrative judge’s hearing of their complaint about third-party transfer pricing software used by the DC Office of Tax and Revenue to assess tax liabilities against the companies. The software is “not scientific, it’s not fact-based” argued Mr. Kranz, noting “there was no analysis of the taxpayer’s books and records. There was no audit in the traditional sense.”