Kevin Kenworthy Quoted by CFO.com Regarding Textron Case
Subtitle
"How Much Should You Reveal to the IRS?"
Subtitle
"How Much Should You Reveal to the IRS?"
CFO.com
Kevin Kenworthy discusses Textron's continuing fight over whether its tax accrual work papers are protected by the work-product doctrine, which keeps material prepared in anticipation of litigation from discovery during a court case. "Basically, we have an adversarial system to resolve disputes, and the work-product doctrine is important for preserving fairness in that process so that both sides have the freedom to prepare their case in confidence," explains Kenworthy.