Should prevailing interest rates bear on tax decision making in either or both of the following situations?

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Should prevailing interest rates bear on tax decision making in either or both of the following situations?
a. The taxpayer is contemplating litigation in either the Tax Court or the Court of Federal Claims.
b. An understatement of estimated tax payments is discovered late in the tax year.
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Federal Tax Research

ISBN: 9781285439396

10th Edition

Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill

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