“Fabulous” opportunities to avoid tax obligations

September 12, 2012

  • 220 Internal Revenue
  • 220III Minimization, Avoidance or Evasion of Liability
  • 220k3056 k. In General.

220 Internal RevenueWhen a taxpayer is presented with what would appear to be a fabulous opportunity to avoid tax obligations, he should recognize that he proceeds at his own peril.
Alpha I, L.P. v. United States, 93 Fed.Cl. 280 (Wash. Ct. App. 2012)