In the most recent edition of “The Taxpayers’ Advocate”, a quarterly column published by Tax Analysts focusing on taxpayers’ rights in state and local tax, Michael A. Jacobs, Robert E. Weyman, Brent Beissel, and Jack Trachtenberg of Reed Smith LLP discuss the Massachusetts Commissioner of Revenue’s use of the sham transaction doctrine.  The column, titled “What a Sham: Massachusetts’s Power to Attack Legitimate Tax Planning,” includes a discussion on the lack of clear guidance given to Massachusetts taxpayers for tax planning, and the propensity of state tax officials challenging legitimate tax planning.

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