Publication
Keeping your dawn raid guidance current
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
The U.S. Tax Court just published a decision addressing the first of 200 cases involving individual taxpayers that invested in a tax shelter scheme involving lenses intended for concentrated solar projects: Preston and Elizabeth Olsen v. Commissioner of Internal Revenue.
The opinion is effectively a case study in how not to structure an investment in solar equipment, particularly an investment by an individual.
Read the article in its entirety written by David Burton.
Publication
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
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