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IRS Raises Private Letter Ruling Fee, Considers Broader Change

Jan. 4, 2021, 8:19 PM

The IRS announced a 26.7% increase to the fees charged for obtaining a private letter ruling, while also asking for input on potential changes to the fee regime.

The agency issues private letter rulings—written statements that interpret and apply tax laws to a taxpayer’s specific set of facts—upon request. The IRS, in a Monday statement, said a drop in the number of ruling requests and the complexity of the rulings were factors in the fee increase.

  • The agency acknowledged that previous fee increases may partly explain the overall decline in requests, though substantial discounts remain available for most ...

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