Daily Tax Update - July 2, 2014: Two IRS LB&I Directors Resign

TWO IRS LB&I DIRECTORS RESIGN:  Samuel Maruca, Director of Transfer Pricing and Diana Wollman, Director of International Strategy in the IRS Large Business and International Division have resigned.  Michael Danilack, the deputy commissioner (international) and U.S. competent authority had recently also announced that he will leave the agency this week.