The Large Business and International (LB&I) Division is responsible for compliance activities on all business returns with assets exceeding $10 million.
Within LB&I, cases are classified as Coordinated Industry Cases (CIC) or Industry Cases (IC).
- A Coordinated Industry Case (CIC) is defined as a taxpayer and its’ effectively controlled entities that warrants application of team examination procedures and meets the point criteria outlined in the Internal Revenue Manual. A tax return is assigned a certain number of points based upon factors such as gross receipts, gross assets, and number operating entities. Once a return is assigned 12 or more points, it may be considered a CIC case, depending on the specific facts and circumstances for a particular taxpayer.
- An Industry Case (IC) is defined as a taxpayer and its’ effectively controlled entities that warrants application of team examination procedures and does not meet the definition of a Coordinated Industry case.
The examination procedures for CIC and IC taxpayers are very similar.
References: See IRM 18.104.22.168 – 22.214.171.124.2