Statement of Eileen J. O'connor, Assistant Attorney General for the Justice Department's Tax Division on the Federal Circuit's Decision in Ad Global Fund, LLC v. United States

The following press release was published by the US Department of Justice on March 2, 2007. It is reproduced in full below.

FOR IMMEDIATE RELEASE FRIDAY, MARCH 2, 2007 WWW.USDOJ.GOV TAX (202) 514-2007 TDD (202) 514-1888 "Today's decision by the United States Court of Appeals for the Federal Circuit in AD Global Fund, LLC v. United States makes it clear that the United States’ efforts to combat abusive tax shelters will not be thwarted by implausible interpretations of the statute of limitations." 07-128

Source: US Department of Justice