• IRS Issues Directive Revising the Information Document Request Enforcement Process for LBI Examinations: IRS Large Business and International Division Revises and Expands Earlier Directive on Requirements for Revenue Agents Who Issue Information Document Requests
  • November 22, 2013
  • Law Firm: Sullivan Cromwell LLP - New York Office
  • The Commissioner of the Internal Revenue Service (“IRS”) Large Business and International Division (“LBI”) issued a directive on November 4, 2013 (the “November Directive”), to revenue agents responsible for audits conducted by LBI. LBI oversees audits of corporations and partnerships with assets in excess of $10 million, as well as certain high net-worth individuals.