Published: September 14, 2022
Last Updated: September 16, 2022
David Rotfleisch, founder of tax boutique Rotfleisch & Samulovitch Professional Corp., who wasn’t involved in the case, says the wording of the governing legislation may have left the court with no choice but to reach the conclusion it did. “The legislation is drafted overly broadly, so the decision may be technically correct, however absurd the result. And the government has no intention of amending the law because it would decrease tax revenues.”
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