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Full-Text Articles in Law
Auer/Seminole Rock Deference In The Tax Court, Steve R. Johnson
Auer/Seminole Rock Deference In The Tax Court, Steve R. Johnson
Scholarly Publications
No abstract provided.
Tax Abuse According To Whom, Shannon Weeks Mccormack
Tax Abuse According To Whom, Shannon Weeks Mccormack
Articles
In 1996, Congress banned the Treasury Department from enacting retroactive regulations but provided an important exception, allowing tax regulations to apply retroactively “to prevent abuse.” Congress did not, however, explicitly define abuse; nor did it designate to any specific actor the power to do so. This Article provides the first comprehensive look at the level of deference owed a Treasury regulation’s interpretation of the Internal Revenue Code’s abuse exception. Generally, a reviewing court owes some level of deference to an agency’s interpretation of the statute it is entrusted to administer. Some statutory interpretations are entitled to receive the strong standard …