Justices Urged To Ax Harsher Foreign Account Tax Penalties

By Theresa Schliep (August 25, 2022, 4:11 PM EDT) -- The U.S. Supreme Court should undo a decision that the IRS can assess penalties on each inadvertently undisclosed foreign account rather than taking the more lenient approach of assessing the penalty once annually, the U.S. Chamber of Commerce said Thursday....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!