Chris Lutz, a partner in the Tax Practice Group in the Washington, DC office, was quoted in the Tax Notes article "PepsiCo Subsidiary Is Not 80/20 Company, Illinois Court Finds" published on March 21, 2025. In the article, Chris discussed the Illinois appellate court's deviation from the Tax Tribunal’s prior decision in the PepsiCo case, emphasizing substance-over-form in the 80/20 rule and providing practical insight to taxpayers to avoid penalties.