The ABA Tax Section is offering a teleconference and webcast today on The ECJ Decision in Marks & Spencer: Impact and Opportunities from 1:00 – 2:30 p.m. EST::

Marks & Spencer has been billed as perhaps the most significant tax decision handed down by the European Court of Justice thus far. This teleconference will analyze the decision and discuss the planning opportunities it presents. Participants will be afforded a unique opportunity to hear from three leading tax practitioners who have analyzed the case from three different perspectives:

• Paul Farmer, a UK barrister actively involved in the Marks & Spencer litigation, will provide some background on the case, explain its holding and discuss its significance from the UK point of view.
• Distinguished international tax practitioner Hans de Groot will offer the broader EU perspective on the scope and meaning of the decision.
• Philip West, former International Tax Counsel at the U.S. Treasury Department, will focus on the significance of the case to US multinationals.
• Jerome Libin, immediate past President of the International Fiscal Association (IFA), will moderate the discussion.

A question-and-answer session with the audience will follow.