A businessman who persuaded the U.S. Tax Court to declare the IRS powerless to unilaterally collect foreign-business reporting penalties asked the D.C. Circuit to let the decision stand, saying the agency is trying to regain its authority through an inapplicable part of the tax code.
IRS’ Foreign Penalty Power Rightly Curtailed, DC Circ. Told
by usoftax_admin | Dec 7, 2023 | Tax News