Regs on Uncertain Tax Positions Clarified

 

IRS Drops Dollar Amounts on Reporting Liabilities

Treasury & Risk
October 4, 2010

Douglas S. Stransky was quoted in "Regs on Uncertain Tax Positions Clarified: IRS Drops Dollar Amounts on Reporting Liabilities," published by Treasury & Risk on October 4. This article discusses the recent release by the IRS of the final Schedule UTP form and instructions, including the government's expansion of its "policy of restrain" in seeking privileged workpapers that relate to uncertain tax positions.