Taxation
Tax Shelters: Up Off the Canvas?
Recently, taxpayers prevailed at trial in two federal tax shelter cases: TIFD III-E Inc. v. United States, 2009 wL 3208650 (D. Conn. oct. 7, 2009) (“Castle Harbour III”), and Consolidated Edison Co. v. United States, 2009 wL 3418533 (Fed. Cl. oct. 21, 2009) (“Con Ed”). ...