TITLE

IRS Steps Up Use of Section 6700, But Penalties Come Under Fire

AUTHOR(S)
Kinnander, Ola
PUB. DATE
October 2002
SOURCE
Bond Buyer;10/29/2002, Vol. 342 Issue 31501, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the use of Section 6700 in the tax law by the Internal Revenue Service (IRS) in Washington. Purpose on the use of Section 6700; Complaints against the authority of IRS to impose fines; Concern of the IRS over the business deals created to generate big fees for the participants.
ACCESSION #
7901596

 

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