The IRS LB&I recently retired four campaigns and added two new compliance campaigns. Of note, the Taxable Asset Transactions campaign will focus on IRC §§ 1060 and 338(h)(10) transaction compliance in Western Compliance Area. Follow the links below for more information on the new and retired campaigns.
Puerto Rico Act 22, Individual Investors Act
Taxable Asset Transactions – Matching Buyers and Sellers
Basket Transactions Campaign
Interest Capitalization Self-Constructed Assets
Partnership Stop Filer
Related-party Transaction Campaign