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Subscribe to the Tax Headline feed via EmailIRS Offers Its Agents Road Map for Auditing Distressed Asset Trust Tax Shelter Deals
March 25, 2010 in Daily Tax Report · Leave a Comment
The Internal Revenue Service March 24 gave its agents a detailed road map for auditing distressed asset trust (DAT) tax shelters, deals in which taxpayers use trusts to shift built-in losses from a tax-indifferent party to a U.S. taxpayer who has not incurred an economic loss.












