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Sunday, March 1, 1987
Volume:
3
Issue:
3
Abstract:
On March 4, 1987, Roger M. Olsen, Assistant Attorney General for the Tax Division, U.S. Department of Justice, announced in Tax Division Directive 87-61 that U.S. Attorneys have been authorized to prosecute individuals who fail to report to the Internal Revenue Service receipt of $10,000 or more in cash from one individual from a trade or business, which is a violation of Section 6050I of the Internal Revenue Code.