CITES BY TOPIC:  abusive

26 U.S.C. §6700: Promoting Abusive Tax Shelters

PDF 26 U.S.C.A. §6700: Promoting Abusive Tax Shelters

"Defendant could not be held liable under abusive tax shelter statute, where there was no evidence that defendant directly and personally made or furnished the gross valuation overstatements to any investor, notwithstanding claim that statute should be broadly construed to hold an individual liable if another with whom he has associated has made or furnished statements described in statute. U.S. v. Turner, E.D.Wis.1985, 601 F.Supp. 757, affirmed 787 F.2d. 595. Internal Revenue Key Number graphic 5203"

PDF IRS Abusive Promotions Training Manual, Training 3118b-002

PDF GAO Report GAO-02-733; Internal Revenue Service: Efforts to Identify and Combat Abusive Tax Schemes Have Increased, but Challenges Remain