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U.S. IRS Announces New Large Corporate Compliance Program

20 May 2019

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Approved Changes

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United States

The U.S. IRS has issued a release announcing a new Large Corporate Compliance (LCC) program to automatically apply the large case pointing criteria and identify the returns that pose the highest compliance risk. --- LB&I Announces Large Corporate Compliance Program IR-2019-95, May 16, 2019 WASHINGTON — The Internal Revenue Service today announced a key advancement in how it identifies its biggest and most complex large corporations. On May 15, the IRS's Large Business and International Division (LB&I) began a new application of data analytics for determining the population of its largest and most complex corporate taxpayers. This new Large Corporate...