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Inflation Reduction Act and International Tax Compliance

With the IRS receiving additional funding for enforcement activities from the recently signed Inflation Reduction Act, international tax compliance will be more challenging for U.S.-based individual and corporate taxpayers.

In an article published Oct. 17, 2022 in Tax Notes and Tax Notes International, Hone Maxwell LLP Managing Partner Josh Maxwell and Law Clerk Jared Garfield provide steps international taxpayers should take now to reduce the risk of audit — or be prepared should one be initiated.

Read the article here: Tax Notes

Disclaimer: Hone Maxwell LLP articles and blogs are not intended as legal advice. Additional facts, facts specific to your situation or future developments may affect subjects contained herein. Seek the advice of an attorney before acting or relying upon any information herein.

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