ETHICS Pete Campbell, senior manager in the tax group in allowed if litigated.) When Pete asked to see the the Boston office of Bean Counters LLP, an inter tax opinion, he was told by the firm's tax director national professional services firm, was reviewing that the company did not want to disclose the the workpapers related to the uncertain tax pos item for fear the IRS also would ask to see the tions prepared by his biggest client, Pro Vision opinion. Pete has always had a good working re- Inc. Pete noticed that the client took the position lationship with the tax staff at Pro Vision and that it did not need to record an uncertain tax trusts their integrity benefit for a significant transaction because it had a "should level" opinion from its law firm. (A when auditing the company's reserve for uncer- should level" tax opinion means that the law firm tain tax positions? What would you do if you were belleves there is a 70 to 90 percent probability in Pete's position? that the tax benefit from the transaction will be Should Pete take the tax director's word