Transition Tax Burdensome For Small Business, Court Told

By Dylan Moroses · May 18, 2020, 6:57 PM EDT

IRS regulations governing the transition tax on foreign earnings are too onerous for small businesses and shouldn't be enforced until an analysis of their compliance burden can be completed, a taxpayer...

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Case Information

Case Title

SILVER et al v. INTERNAL REVENUE SERVICE et al

Case Number

1:19-cv-00247

Court

District Of Columbia

Nature of Suit

Taxes

Date Filed

January 30, 2019