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Tax Court Dulls Privilege Sword In Shelter Fights

By Ama Sarfo (April 21, 2014, 3:16 PM EDT) -- The U.S. Tax Court on Wednesday seemingly dealt a blow to the attorney-client privilege when it ordered two partnerships to release attorney opinion letters on the viability of tax shelter transactions, but attorneys say the ruling merely prevents taxpayers from using privilege as both a sword and a shield. ...

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