Partnership Straddle Tax Shelter
From Listed Transactions | Internal Revenue Service (irs.gov) Notice 2002-50 PDF– Partnership Straddle Tax Shelter (transactions involving the use of a straddle, a…
Penalties Associated with Reportable Transactions
§ 301.6700 Promoting Abusive Tax Shelters The penalty is for a promoter of an abusive tax shelter and is generally equal…