A federal judge has ruled that the Internal Revenue Service went too far in retroactively banning the "Son of Boss" tax shelter.

For the past six years, the IRS has been battling the tax shelters -- a form of which prompted an investigation of KPMG and resulted in a $456 million fine for the firm and the indictment of 16 former partners. The IRS says the Son of Boss shelter generated artificial tax losses that cost the federal government at least $6 billion in revenues through the late 1990s.

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