Reuven Avi-Yonah, a professor at the University of Michigan Law School, reviews the arguments raised in Altera v. Commissioner and predicts where the case might go with Tax Notes legal reporter Ryan Finley.

For additional coverage, read these articles in Tax Notes:

• A Look Ahead: High-Stakes Transfer Pricing Disputes to Continue in 2020
• IRS Will Continue Altera Fight in Other Circuits if Needed
• Ninth Circuit Rejects En Banc Review of Altera
• Ninth Circuit’s Altera Decision Didn't Cause a Circuit Split
• Altera Seeks Rehearing of Cost-Sharing Dispute
• Altera Beefs Up Legal Team in Cost-Sharing Dispute