The IRS Whistleblower Office didn’t abuse its discretion when denying a former stock trader’s request for an award because he didn’t substantially contribute to agency actions, the US Tax Court said Monday, granting the government’s motion for summary judgment.
Jeremy Berenblatt claimed the litigation theory he provided to the IRS after being interviewed about certain digital foreign exchange transactions— also referred to as short options strategy — led the agency to prosecute promoters of similar abusive tax shelters. But his single interview with the IRS Criminal Investigation Division didn’t result in any new investigations or expand the scope of any ...
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