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IRS Considering Valuation Issues with Uncertain Tax Position Proposal, Official Says

March 11, 2010 in Daily Tax Report · Leave a Comment 

The Internal Revenue Service is thinking about issues surrounding the valuation of the maximum amount of potential federal tax liability attributable to each uncertain tax position that a taxpayer would list on a newly proposed schedule, Chief Counsel William Wilkins said March 10.

Wilkins, speaking at a District of Columbia Bar Section of Taxation luncheon, discussed…

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