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IDR |
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In respect of the IDR process, the Phase II team has proposed a process whereby the taxpayer's behavior would determine the applicable IDR process. As a result of that correspondence, Thomas Smith, Assistant Commissioner (Examinations), issued a memorandum to all Regional Chief Compliance Officers related to improving the IDR process when requesting collateral information. The project ultimately focused on the IDR system used in the IRS's examination of NTI's tax returns, with a view toward reducing the IDR turnaround time and thereby decreasing the burden of the examination for both NTI and the IRS. |
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