U.S. Supreme Court Won’t Hear Sprint New York Tax Case

Peter Faber, described as a “leading corporate tax attorney” opposed to using the False Claims Act in tax cases, said that the Supreme Court’s denial of a telecom company’s request to overturn a New York state decision in such a case has a limited significance because “the real action in this case is yet to come” at the federal trial court level. Until then he advised taxpayers “to document the legal basis for their position before filing their tax returns” in similar matters. Read the full article.