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STEVEN TOSCHER Quoted in Tax Notes

Steven Toscher was quoted in recent Tax Notes article discussing the IRS increased enforcement efforts concerning Maltese Pension Plans. One of his primary concerns was due process considerations when the IRS pursues a criminal investigation in an area of tax law which is not very clear. 

“A criminal case based on a substantively debatable return position could be legally stillborn, he said . . . The IRS and Justice Department shouldn’t be prosecuting cases turning on unclear law, Toscher said . . . This Supreme Court would likely be amenable to conviction challenges if the agencies managed to convict someone for taking a position on which the law is uncertain, he said . . . The need for the competent authority agreement clarification will likely bolster that defense, according to Toscher.”

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