Stephen Shay, a former partner in the tax and benefits department of Ropes & Gray LLP, is returning to the United States Department of the Treasury as deputy assistant secretary for international tax affairs.
Shay joined the Boston office of Ropes & Gray in 1987. He has extensive experience advising clients on issues such as foreign tax credits, deferral of US taxation, use of income tax treaties, foreign currency gains and losses, withholding taxes and financial product issues.
He also worked with the firm’s private client group, advising high net worth clients on cross-border income tax planning.
Before joining Ropes & Gray, Shay was the international tax counsel for the US Treasury Department.
In his new role as deputy assistant for international tax affairs, Shay will be part of the Treasury’s office of tax policy and will oversee the development of international tax legislation, the negotiation and review of tax treaties with foreign countries, and the development of regulatory and other guidance on existing laws.
Shay featured in The International Who’s Who of Corporate Tax Lawyers.