IRS Form 8300: The Attorney-Client Privilege and Tax Policy Become Casualties in the War Against Money Laundering

Authors

Matthew P. Harrington
Eric A. Lustig

Abstract

This Article examines the current controversy surrounding the use of IRS Form 8300 in the context of the attorney-client privilege. It argues that there is no justification in the case law for permitting attorneys to avoid disclosing client identity or fee information. It also shows that theIRS’s regulations promulgated pursuant to the statute are generally consistent with the statutory language, even if they are not fully in accord with congressional intent. It is argued, therefore, that while section 6050I has a detrimental effect on attorney-client relations, the only available remedy at this point is for Congress to reconsider the statute with an eye toward providing an exclusion for attorneys.

Recommended Citation

Harrington, Matthew P. and Lustig, Eric A. (1996) "IRS Form 8300: The Attorney-Client Privilege and Tax Policy Become Casualties in the War Against Money Laundering," Hofstra Law Review: Vol. 24: Iss. 3, Article 2.
Available at: https://scholarlycommons.law.hofstra.edu/hlr/vol24/iss3/2