10th Circuit Reverses Taxpayer's Lone Victory in Son-of-BOSS Tax Shelter Case

Following up on my prior posts:

• Government Loses Son-of-BOSS Tax Shelter Case (Apr. 24, 2008)
• WSJ:  Tax-Shelter Users Get Some Rare Good News (June 4, 2008)
• 10th Circuit Hears Oral Argument Today in Sala Son-of-BOSS Tax Shelter Case (Nov. 16, 2009)

The Tenth Circuit on Friday reversed the only court that had sided with the taxpayer in a Son-of-BOSS tax shelter case.  Sala v. United States, No. 08-1333 (10th Cir. July 23, 2010), rev'g Sala v. United States, 552 F. Supp. 2d 1167 (D. CO 2008).  For a detailed discussion of the Sala litigation, see Tenth Circuit Engaged in Lengthy Deliberation in Sala (Tax Appellate Blog). (Hat Tip: Richard Jacobus.)