A Strategy Is Needed to Assess the Compliance of Corporate Mergers and Acquisitions with Federal Tax Requirements.

The Commissioner, LB&I Division, should establish a strategy for assessing compliance risk and promoting tax compliance in the M&A area. In addition, determine if returns with high-risk M&A transactions can be identified before they reach the field.

The Commissioner, Large Business and International Division, should determine whether the M&A forms and information provided on them could be used as a compliance tool within a larger strategy to assess risk and ensure that corporate M&A transactions are compliant with the tax code.