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New York, January 3, 2005 – LAWFUEL – Best for law news – Baker & Mc…

New York, January 3, 2005 – LAWFUEL – Best for law news – Baker & McKenzie LLP announced today that transfer-pricing lawyer Darrin Litsky has joined the New York office as a partner. Mr. Litsky’s appointment strengthens the North America Tax Practice and complements the Firm’s broader Global Transfer Pricing Practice.

Mr. Litsky has over fifteen years of professional accounting and tax experience in major law firm practice, Big Four accounting firm practice, industry as in-house Tax Counsel, and the Internal Revenue Service. Most recently, Mr. Litsky practiced at PricewaterhouseCoopers.

John Peterson, Global Chair of Baker & McKenzie’s Tax Practice Group said, “We are delighted that Darrin has chosen to join our expanding tax practice. His expertise and prominence are a welcome addition to our team of tax lawyers focusing on transfer pricing work, both from a planning perspective as well as in relation to dispute prevention and resolution.”

From 1996 to 2000, Mr. Litsky was an attorney advisor with the Internal Revenue Service’s Office of Associate Chief Counsel International in Washington, DC. There, Mr. Litsky practiced in its Advance Pricing Agreement (APA) Program, where he was responsible for leading transfer pricing discussions and negotiating APAs with multinational enterprises. In addition, Mr. Litsky participated in bilateral APA negotiations with foreign tax authorities. Including both private and government practice, Mr. Litsky has worked on over 70 APA requests or approximately 10% of all APA requests received by the APA Program since its inception.

Mr. Litsky has been an active member of American Bar Association Tax Section’s Transfer Pricing Committee and is the current chair of the APA Subcommittee.

Commenting on his new firm, Mr. Litsky said, “Baker has a great reputation both in transfer pricing and international tax. Baker is truly an international law firm with offices in 38 countries. I am pleased to join the Baker & McKenzie network of international tax practitioners.” Transfer pricing is increasingly significant for multinational enterprises today and represents a major part of Baker & McKenzie’s international tax practice.”

Mr. Litsky is a member of the District of Columbia bar and a certified public accountant. He earned a J.D. from Georgetown University Law Center in 1993 and a B.S. in Economics, magna cum laude, from The Wharton School, University of Pennsylvania, in 1986.

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