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January 27, 2021
Two compliance campaigns
The campaigns described below were identified through LB&I data analysis and suggestions from IRS employees. LB&I's goal is to improve return selection, identify issues representing a risk of non-compliance, and make the greatest use of limited resources.
The new campaigns are:
- Puerto Rico Act 22, Individual Investors Act
- Practice area: Withholding, exchange & international individual compliance
- Taxable asset transactions – Matching buyers and sellers
- Practice area: Western compliance