Bloomberg Tax
Jan. 16, 2020, 9:38 PM

IRS Pacts Show Interagency Cooperation to Fight Tax Crimes

Allyson Versprille
Allyson Versprille

The IRS has recently agreed to share more information with other federal agencies to crack down on tax evasion that can cost the government hundreds of millions of dollars.

The development marks a significant culture shift for the IRS, which historically has limited interaction with people outside the agency for fear of violating prohibitions against disclosure of taxpayer information.

A memorandum of understanding with the Alcohol and Tobacco Tax and Trade Bureau (TTB) established new procedures for sharing information about whistleblower claims between the two agencies and with informants.

The agency announced it had signed the agreement in December. Bloomberg ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.