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Campbell was researching a tax issue and found a favorable tax court opinion and an IRC...

Campbell was researching a tax issue and found a favorable tax court opinion and an IRC Code Section that appear to answer the question. Is she finished with the research process? If so, why? If not, what must she do?

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Answer #1

No.

  1. There are chances of having a court of higher jurisdiction having ruled otherwise in a similar issue.
  2. There are chances of having more courts having ruled otherwise in similar issues.
  3. There is a possibility that the law has been amended already.

Campbell is required to make sure if there are unfavorable tax court opinions too, and see which would prevail in the case and circumstance of her own. She should also make sure the said tax-law has not been amended subsequently in a way that quashes the favorable view.

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