PAUL\u27S STUDIES IN FEDERAL TAXATION, THIRD SERIES -A REVIEW

This Third Series of Mr. Paul\u27s Studies in Federal Taxation is a welcome addition to the literature on the subject. Too few members of the tax bar reduce their views on the subject to writing, and many of those who do apparently feel that they must never concede any merit to a contention of the treasury on any doubtful point, for fear that such a concession will be used against them by some treasury attorney in the future. On the other hand, many academic writers on the subject tend to assume that every decision in favor of the taxpayer represents a defeat for truth and justice. Mr. Paul avoids both these pitfalls. Although an active practitioner, his approach to the various problems involved is candid and impartial, and his treatment of them reflects the approach of one who is primarily interested in achieving a fair and workable system of taxation. This volume is even better than its two predecessors in the thorough grasp of the topics discussed, and in its extremely careful and accurate documentation