Loren C. Ponds

Ms. Ponds previously served as majority tax counsel to the U.S. House of Representatives Committee on Ways and Means, where she developed, analyzed and refined the international tax provisions of the Tax Cuts and Jobs Act of 2017 (TCJA). Her practice includes counseling clients on the impacts of the TCJA and Inflation Reduction Act of 2022, as well as advising on technical corrections, administrative guidance and legislative amendments to various provisions. Ms. Ponds is “sought out by clients for her tax expertise as it pertains to government affairs and public policy,” says Chambers.

In addition, Ms. Ponds has represented clients before the IRS in connection with international tax controversy issues, such as competent authority claims and transfer pricing audits. Clients also turn to her for guidance on the Pillar One and Pillar Two international tax reforms spearheaded by the Organization for Economic Cooperation and Development (OECD).

Prior to joining Skadden, Ms. Ponds co-led the tax policy practice and served on the executive committee of another law firm. She also worked in the Washington, D.C. and Düsseldorf offices at a major global accounting firm, focusing on transfer pricing planning and controversy. In addition, Ms. Ponds was a trainee at the OECD in Paris and served as a German chancellor fellow of the Alexander von Humboldt Foundation at the University of Hamburg’s International Tax Institute.

In recognition of her government relations and tax work, Ms. Ponds has been ranked as a leading lawyer in Chambers USA, The Legal 500, International Tax Review and Best Lawyers. She is a frequent speaker on key international tax issues.