Finanse publiczne · 19/12/2017
IRS Proposes New Regulations for Centralized Partnership Audit Regime
The Internal Revenue Service (IRS) has released proposed regulations implementing section 1101 of the Bipartisan Budget Act of 2015, which repeals current partnership audit rules and introduces a new centralized partnership audit regime. The proposed rules address pass-through partner adjustments, assessment and collection, penalties and interest, and judicial review of partnership adjustments.