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On March 21, 2022, the U.S. District Court for the Eastern District of Tennessee invalidated Notice 2016-66 for failing to comply with the Administrative Procedure Act (APA) and granted broad injunctive relief requiring the IRS to return to taxpayers and material advisors the documents and information obtained improperly under the Notice.

Eastern District of Tennessee invalidated Notice 2016-66 for failing to comply with Administrative Procedure Act APA, granted broad injunctive relief IRS return to taxpayers and material advisors documents obtained improperly. Ruling implicates thousands of disclosures.

/PRNewswire/ -- Following its 2021 United States Supreme Court victory over the Internal Revenue Service (IRS), CIC Services, LLC has achieved another win...

LLC v. IRS,1 the U.S. District Court invalidated Notice 2016-66 for failing to comply with the Administrative Procedure Act. Notice 2016-66 prescribed disclosure requirements for taxpayers and material advisors involved in certain micro-captive transactions.

Demand for Testing, Inspection, and Certification (TIC) Services to Remain High from Industrial and Oil & Gas / Chemical Sectors