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Tax

Nov. 24, 2004

Tax-Shelter Investors Must Tread Water Until 'Ordlock'

Focus Column - Tax Law - By Brian W. Toman and John R. Messenger - The state Franchise Tax Board has publicized widely its efforts to collect back taxes from participants in transactions that the agency alleges used abusive tax shelters. In fact, the board offered taxpayers the opportunity to disclose their participation in such transactions voluntarily and pay all back taxes and interest attributable to them.

        
Focus Column

Tax Law

By Brian W. Toman and John R. Messenger
        
        The state Franchise Tax Board has pub...

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