Ropes & Gray’s Stephen Shay Makes a Move
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Stephen Shay, a partner in the Tax & Benefits Department of Ropes & Gray, has been named deputy assistant secretary for international tax affairs in the United States Department of the Treasury. While at Ropes & Gray, Steve frequently advised large and medium-sized multinational companies, financial institutions, and global investors on issues such as foreign tax credits, deferral of U.S. taxation, foreign currency gains and losses, withholding taxes and financial product issues. He also worked with the firm’s Private Client Group, advising high net worth clients on cross-border income tax planning. Before joining Ropes & Gray in 1987, he was the international tax counsel for the Treasury Department.
As deputy assistant for international tax affairs, Steve will be part of the Treasury’s Office of Tax Policy and have responsibility for matters related to U.S. international tax policy, including developing international tax legislation proposals, negotiating and reviewing tax treaties with foreign countries, and participating in the development of regulatory and other guidance on existing laws. |
