Tax Shelter Malpractice Cases and Their Implications for Tax Compliance

73 Pages Posted: 6 Aug 2008

Date Written: August 5, 2008

Abstract

In malpractice lawsuits, taxpayers prevailed in courtrooms, around arbitration tables, and in settlement negotiations against peddlers of abusive tax shelters. This analysis illustrates how the tax shelter malpractice experience embodies many virtues that yield tax compliance. From these virtues emerge several important lessons on how to curb aggressive tax planning. Evident from these virtues and lessons is that malpractice litigation is a powerful tool in the sphere of tax compliance, and, where possible, reforms should be instituted to further promote its use.

Keywords: Tax Shelter, Attorney Malpractice, Accountant Malpractice

Suggested Citation

Soled, Jay, Tax Shelter Malpractice Cases and Their Implications for Tax Compliance (August 5, 2008). Available at SSRN: https://ssrn.com/abstract=1204802 or http://dx.doi.org/10.2139/ssrn.1204802

Jay Soled (Contact Author)

Rutgers University ( email )

1 Washington Park
Newark, NJ 07901-1825
United States
(973) 353-1727 (Phone)

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