An older man with gray hair and glasses wearing a dark suit, blue patterned tie, and light blue shirt stands in a well-lit law office hallway, representing experienced Chicago lawyers.

Val J. Albright

Partner

Val J. Albright

Partner

Val Albright helps clients involved in complex U.S. federal and state tax controversies, including administrative resolution and in litigation.  Also, Val counsels clients regarding their existing operations and structure and assists with tax planning matters. Val’s clients come from diverse industries, including oil and gas, oil field services, telecommunications, software, insurance, electronics, entertainment, consumer products, trucking, pharmaceutical, agriculture, food production and other industries, as well as high net worth individuals.

Val handles virtually any aspect of complex tax disputes involving the IRS, including:

  • Civil examinations
  • Criminal investigations
  • Collection proceedings
  • Protests before Appeals
  • Requests for private letter rulings
  • Requests for competent authority assistance
  • Requests for bilateral and unilateral advance pricing agreements
  • Trial and settlement of disputes before the courts and administrative bodies

Clients seek Val’s experienced, high-value counsel as a tax controversy attorney on U.S. domestic and international tax issues, including transfer pricing, subpart F, other foreign entity, foreign tax credit, U.S. trade or business, permanent establishment, research tax credit, foreign tax credit, other tax credit, withholding tax, captive insurance, worthless stock loss, business expense, domestic production activities deduction, consolidated return, charitable deduction, conservation easement, tax exemption, partnership, valuation and family limited partnership, tax treaty, transportation and other excise tax, voluntary disclosure, IRS collection, tax penalty, procedural, tax litigation and other issues.

Throughout his career, Val has achieved multiple successes. Most recently, Val served as the lead trial counsel for Rent-A-Center in a large complex matter before the U.S. Tax Court involving captive insurance issues.

Prior to entering private practice in 1994, Val worked for the IRS Office of Chief Counsel in Chicago and Dallas, where he served in a variety of federal tax litigation and executive capacities.  During his tenure as a federal tax attorney with the Office of Chief Counsel, Val was involved in the development, settlement of numerous corporate and individual federal tax cases involving diverse domestic and international tax issues, including transfer pricing, oil and gas and related issues.

Prijzen en erkenning

  • Selected by his peers for inclusion in The Best Lawyers in America© in the fields of Tax Law (2006-2024) and Litigation & Controversy – Tax (2011-2024)
  • Recognized, Chambers USA: America’s Leading Lawyers for Business in the field of Tax: Litigation (Texas) (2005 – 2013, 2016 – 2025)
  • Selected for inclusion to the Texas Super Lawyers list in the field of Tax (2012, 2013)
  • Recognized as “The Best Lawyers in Dallas” by D Magazine in the field of Tax: Litigation (2013, 2014)
  • Beoordeling door collega's beoordeeld als AV Preeminent®, de hoogste prestatiebeoordeling in het Martindale-Hubbell® Peer Review Ratings™-systeem.

Affiliaties

  • Member, Taxation Section of the State Bar of Texas
  • Former chair, Tax Controversy Committee of the State Bar of Texas
  • Member, The Arkansas Bar
  • Member, Taxation Section of the American Bar Association
  • Member and former chair, Tax Section of the Dallas Bar Association
5 juni 2025 Persberichten

Foley behaalt toppositie in Chambers USA 2025

Foley & Lardner LLP is er trots op opnieuw door Chambers & Partners erkend te worden als een van de toonaangevende advocatenkantoren in het land in de 2025 editie van Chambers USA: America's Leading Lawyers for Business.
6 juni 2024 Persberichten

Foley behaalt toppositie in Chambers USA 2024

Foley & Lardner LLP is verheugd aan te kondigen dat het opnieuw door Chambers & Partners is erkend als een van de toonaangevende advocatenkantoren in het land in de 2024 editie van Chambers USA, America's Leading Lawyers for Business.
17 augustus 2023 Onderscheidingen

Foley advocaten opgenomen in 2024 Best Lawyers in America

Foley & Lardner LLP kondigde vandaag met trots aan dat 236 advocaten van het kantoor, verspreid over 20 kantoren in de VS, zijn opgenomen in de 2024 editie van The Best Lawyers in America©.
1 juni 2023 Persberichten

Foley behaalt toppositie in Chambers USA 2023

Foley & Lardner LLP is verheugd aan te kondigen dat het opnieuw door Chambers & Partners is erkend als een van de beste advocatenkantoren van het land in de 2023 editie van Chambers USA, America's Leading Lawyers for Business.
April 27, 2023 Honors and Awards

Foley Attorneys Named to D Magazine’s 2023 Best Lawyers in Dallas List

Foley is pleased to announce that four of its attorneys have been named to D Magazine’s 2023 “Best Lawyers in Dallas” list. The exclusive list honors the top attorneys in Dallas, as chosen by their peers.
December 2, 2022 In the News

Foley Partner Val Albright Named to D CEO’s 2023 Edition of Dallas 500

Foley Partner Val Albright has been named to D CEO’s 2023 edition of the Dallas 500, a list honoring the most powerful and influential business leaders in North Texas.