DC Circ. Urged To Uphold IRS Win On Info-Sharing Regs
By Eric Kroh (October 7, 2014, 5:03 PM EDT) -- The Internal Revenue Service and the U.S. Department of the Treasury on Monday asked the D.C. Circuit to uphold a federal court's decision to toss out a challenge by two banking associations to information-reporting regulations that the government said were integral to combat offshore tax evasion.
Alternatively, the government said in the brief, the appellate court should vacate the federal court decision and remand the case brought by the Florida Bankers Association and the Texas Bankers Association with instructions to dismiss it because the Anti-Injunction Act prohibits any suit that seeks to restrain the collection of tax.
There is no merit...
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!