Washington (March 1, 2004) -- The Internal Revenue Service has named Nicholas J. DeNovio deputy chief counsel - technical in the IRS Office of Chief Counsel.

In his new role, DeNovio is responsible for overseeing the IRS published guidance program carried out by some 600 counsel attorneys working with the Treasury Department’s Office of Tax Policy.

“I have a high regard for Nick, and he makes a strong addition to our team,” said IRS Commissioner Mark W. Everson.

Emily A. Parker, acting chief counsel, added, “This appointment shows our continuing commitment to published guidance as an important element of the IRS’s twin goals of improving taxpayer service and enforcing the tax law.”

DeNovio joined the Office of Chief Counsel in 2003 as senior counsel to the chief counsel with primary responsibility for tax shelter analysis. In that role, he and his staff oversaw technical analysis of potentially abusive tax avoidance transactions and developed published guidance and other strategies to address such transactions.

He previously served as a partner in PricewaterhouseCoopers' Washington national tax services practice. Prior to joining PwC in 1999, DeNovio was an international tax partner with Baker & McKenzie. He is also an adjunct professor of international taxation at Georgetown University Law School’s LL.M. program.

-- WebCPA staff

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