A case testing the boundaries of legal challenges to Treasury rules has reached the Supreme Court after it bitterly divided judges in an appeals court.
CIC Services LLC in August lost its fight at the U.S. Court of Appeals for the Sixth Circuit in a decision that drew strong dissents from multiple judges. If the high court decides to take the case, it would be taking on an issue with potentially sweeping implications—namely, whether the Anti-Injunction Act (AIA) blocks lawsuits challenging the legal validity of an IRS reporting requirement backed by a penalty.
The AIA prohibits ...
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