The Moores: Nobody Expects the Spanish Inquisition
In a follow-up letter to the editor recently published by Tax Notes International, attorney Michael Karlin continues his debate about Moore v. United States, responding to criticisms of the Moores’ tax planning when they invested in an Indian company. Mr. Karlin argues against the idea that the Moores should have considered alternate strategies when making their investment so as to avoid tax consequences, stressing that no individual taxpayer could have predicted changes that would come years later.