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Expert Analysis

Take 2 On Proposed Regs For Partnership Audit Rules

By Edward Lemanowicz, Joshua Milgrim and Jay Buchman (June 28, 2017, 12:13 PM EDT) -- The U.S. Treasury Department and the Internal Revenue Service have reissued proposed regulations on the new centralized partnership audit rules enacted as part of the Bipartisan Budget Act of 2015. The proposed regulations are nearly identical to proposed regulations on the new partnership audit rules previously issued in January, which were withdrawn soon after issuance following an executive order from the Trump administration....

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