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Collateral Estoppel Affecting Tax Research and Planning

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1. What is Collateral Estoppel? How does Collateral Estoppel affect tax research and planning?

2. It has been said that the tax research process is more circular than linear. Do you agree with this statement? Explain your answer.

3. List four benefits of using a computerized service to conduct tax research?

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The solution discusses Collateral Estoppel affecting tax research and planning.

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Question 1
Collateral estoppel is a law doctrine in which an earlier court decision between the lawsuit parties is conclusive as it regards issues so that these cannot be re-litigated in subsequent proceedings involving the same parties.
This doctrine affects tax research and planning in that tax issues that have been decided under the collateral estoppel between the client and one ...

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