United States:
The IRS' New Large Corporate Compliance Program Targets Noncompliance Risks For Examination
09 July 2019
Ropes & Gray LLP
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On May 16, 2019, the Large Business and International (LB&I)
Division of the IRS unveiled the Large Corporate Compliance (LCC)
program. The LCC uses data analytics to automatically target the
largest and most complex corporate taxpayers having the most
compliance risks for examination. The LCC is part of a larger push
toward "portfolio management"—ensuring that the
IRS's limited resources are spent on tax returns with the
highest compliance risk.
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