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IRS Announces Initial Rollout of Large Business and International Compliance Campaigns

02 February 2017

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Approved Changes

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United States

The IRS Large Business and International (LB&I) Division has issued a release announcing the identification and selection of 13 compliance campaigns. The release notes a move towards issue-based examinations and a compliance campaign process in which the organization decides which compliance issues that present risk require a response in the form of one or multiple treatment streams to achieve compliance objectives. The 13 campaigns and practice areas include: IRC 48C Energy Credit Campaign (Enterprise Activities); Offshore Voluntary Disclosure Program (OVDP) Declines-Withdrawals Campaign (Withholding & International Individual Compliance); Domestic Production Activities Deduction, Multi-Channel Video Program Distributors (MVPD’s) and TV Broadcasters (Enterprise...