ABC manufacturing disagrees with the IRS over the way the IRS applies a specific portion of the tax code to their business. If ABC's position is correct, it will revolutionize the way ABC, its sister companies and other unrelated companies declare income and as a result will save each company millions in the years to come. When the IRS brings suit against ABC for tax evasion the IRS suggests submitting the claim to arbitration. Is there any reason ABC might prefer Litigation?Explain

Answer rating: 100% (QA)

ABC might prefer litigation over arbitration for a few reasons 1 Public Record Court proceedings are ... View the full answer