IRS Issues New Guidance for Field Agents

Duff, Susanna
February 2003
Bond Buyer;2/11/2003, Vol. 343 Issue 31571, p4
Trade Publication
Focuses on a guidance sent by the U.S. Internal Revenue Service to its field agents regarding offering options to bondholders to appeal for tax liability before the agency attempts to collect taxes from them. Section in the Internal Revenue Manual that contains the guidance; Penalties on conduit borrowers contained in a section of the manual; Basis for closing agreements outlined in the guidance.


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