Textron Ruling Issued

On Jan. 21, 2009 the U.S. Circuit Court of Appeals for the First Circuit issued its ruling in the Textron case. Matt Miller, FEI’s Director of Tax and Economic Policy, explained, “The majority ruling affirmed the District Court’s holding that Textron’s internal tax accrual work papers are privileged material, but it vacated the determination that work-product protection was not waived, and remanded to a lower court to reconsider whether the IRS can force Textron to turn over documents prepared by the company’s auditors, Ernst & Young LLP.” FEI had filed an amicus brief in support of Textron in the case. Find a link to the ruling, a related law firm summary, and other information in this FEI Summary.