Tax Avoidance Just Isn't What It Used To Be

I have previously written on how the government's attitude towards tax planning seems to have changed over the years. Contrary to what I was taught in law school, the IRS now essentially takes the position that if a transaction included tax planning, the tax benefits of that planning should not be sustained.

But even worse, it seems that some within the profession and academics are starting to side with the government. If you don't believe me, read Tax Avoidance Just Isn't What it Used To Be.

I hope this attitude does not continue to spread.