IRS News Release  
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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