July 23, 1992
IRS Chief Counsel Names Triplett
as New Special Assistant
WASHINGTON - Charles S. Triplett is the new special assistant
to the chief counsel of the Internal Revenue Service.
Triplett joined the office of chief counsel in 1977 in the
former tax litigation division. In 1983 he was promoted to the
position of special trial attorney in the Washington district
office. In 1984 he became the chief counsel national tax shelter
coordinator and headed the new tax shelter branch.
In 1986 he was promoted to the new position of deputy associate
chief counsel, international. Among his accomplishments while in
this position, Triplett developed the advance pricing agreement
(APA) program. Under the APA program, a business taxpayer asks IRS
to approve its methodology for transfer pricing in advance of filing
its federal tax return. According to IRS, this innovative procedure
gives taxpayers an efficient means of complying with one of the most
complex areas of tax law.
With the promotion to his new position, Triplett will explore
areas in the chief counsel's office, other than transfer pricing,
where the APA approach might address issues currently considered too
factual for private rulings. He will also continue his involvement
in certain select international areas such as financing the transfer
pricing regulations, information gathering, major international
litigation and aspects of counsel's Compliance 2000 initiatives.
According to IRS chief counsel Abraham N.M. Shashy, Jr., "Mr.
Triplett's efforts in his new capacity will be critical to the
office of chief counsel in attaining its goals in those areas."
A native of Kansas City Mo., Triplett is a graduate of
Rockhurst College, Kansas City, and the University of Missouri at
Kansas City School of Law. He and his wife, Carol, have three
children: Laura Devon, Deidre and Charles Scott Triplett III.
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