Finanse publiczne · 18/01/2011

IRS Proposes Regulation on Rewards and Awards for Tax Violations

The Internal Revenue Service (IRS) has released a proposed regulation clarifying the definition of proceeds and collected proceeds under section 7623 of the Internal Revenue Code, which governs rewards and awards for tax violations, and aims to provide needed guidance to the public and IRS employees reviewing tax claims.

Source: Federal Register — Department of the TreasuryOpen original release →

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