The check-the-box rules, like the Kintner factor test, continue to favor wealthy, well-advised taxpayers at the expense of both the U.S. treasury and unsophisticated businesses. They don’t seem ...

The 'check-the-box' rule, meant to cut red tape for companies, has inadvertently allowed them to avoid billions of dollars in taxes each year, and the government keeps balking at closing the loophole.