Washington (Sept. 17, 2003) -- Internal Revenue Service and state tax officials have established a new nationwide partnership to combat abusive tax avoidance. Under agreements with individual states, the IRS will share information on abusive tax avoidance transactions and those taxpayers who participate in them.
The agreements creating this partnership are designed to enable both state and federal governments to move more aggressively in the fight to ensure all taxpayers pay their fair share. Forty states and the District of Columbia joined the IRS in announcing the signing of agreements. More states are expected to sign the agreement in the weeks ahead.
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