05-07-2015, 06:31 PM
(05-07-2015, 04:36 PM)Boston Card link Wrote:I think "preponderance of evidence" is the standard in most civil suits.
BC
Probably that is the proper term of art in civil court. When we discussed possible outcomes of hypothetical tax rulings that were likely to result if a structure were to be challenged, outcomes that were based on a standard of "more likely than not"were sufficient to attract penalties. It equated to 51% probability. That sounds comparable to the term "preponderance of the evidence", but probably relates more specifically to rulings related to tax issues.
"It's not what you don't know that gets you in trouble. It's what you think you know that just isn't so."
Mark Twain
