Right to Finality

Right to Finality

The Right to Finality refers to the principle that once a tax assessment or legal decision has been made and all available avenues for appeal have been exhausted, the resulting determination should be considered conclusive and binding. This principle ensures certainty and stability in tax obligations and legal matters, preventing continuous re-examination of finalized decisions.

For example, if a taxpayer receives a final assessment from the IRS and does not appeal within the designated time frame, they cannot later contest that assessment, reaffirming the Right to Finality in tax proceedings.