Outgoing IRS Commissioner Explains Projects to Strengthen Tax Cooperation with Other Governments

On December 14, 1992, outgoing Commissioner of Internal Revenue Shirley Peterson said that the IRS and tax authorities in other countries will expand the exchange of information on industry practices, successful audit techniques, and newly discovered tax avoidance schemes. Projects that will encourage the application of new technology, such as the use of computer readable magnetic media, and the crafting of a code of good practice in order to improve spontaneous treaty exchange are currently in the works…[more]