By Matthew Villmer ( November 18, 2013, 7:09 PM EST) -- In a divided opinion Monday, the U.S. Tax Court ruled that the 20 percent penalty for under-reporting is calculated by looking at the amount shown as tax on a return, minus certain refundable credits, but that those credits can't reduce the number to below zero....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.