<p>IRS Issues Practice Unit on Foreign-Initiated Adjustments</p>

IRS Issues Practice Unit on Foreign-Initiated Adjustments

Internal Revenue Service

The IRS released an international practice unit on the procedures for adjustments made by foreign tax authorities and taxpayer-initiated adjustments concerning the taxable income of U.S. multinationals or their foreign affiliates.

<p>The IRS released an international practice unit on the procedures for adjustments made by foreign tax authorities and taxpayer-initiated adjustments concerning the taxable income of U.S. multinationals or their foreign affiliates.</p>