Large Business & International directives

LB&I directives provide administrative guidance to LB&I examiners to ensure consistent tax administration and on matters relating to internal operations. The directives do not establish Service position on legal issues and are not legal guidance.

LB&I (formerly LMSB) directives

2020

Date	Title
09-10-2020	Guidance for Allowance of the Credit for Increasing Research Activities Under I.R.C. Section 41 for Taxpayers That Expense Research and Development Costs on Their Financial Statements Pursuant to ASC 730

2019

Date	Title
10-10-19	LB&I and SB/SE Joint Directive on the Work Opportunity Tax Credit per Internal Revenue Code Section 51 (IRC § 51)

2018

Date	Title
11-29-18	LB&I Directive on Amended Return/Claim for Refund Relating to Internal Revenue Code Section 199 (IRC § 199)
08-24-18	IRC Section 807: LB&I Directive Related to Principle Based Reserves for Variable Annuity Contracts (AG 43/VM-21) and Life Insurance Contracts VM-20)

2017

Date	Title
09-11-17	Activities under I.R.C §41 for Taxpayers that Expense Research and Development Costs on their Financial Statements pursuant to ASC 730

2015

Date	Title
03-16-15	LB&I Directive on the I.R.C. § 199 Definition of "Manufactured, Produced, Grown, or Extracted"

2014

Date	Title
10-24-14	LB&I Directive Related to § 166 Deductions for Eligible Debt and Eligible Debt Securities
10-14-14	Allocating Mixed Service Costs Under I.R.C. Section 263A to Certain Self-Constructed Property of Electric and Natural Gas Utilities
07-17-14	I.R.C. §446: LB&I Directive for Hedging of Variable Annuity Guaranteed Minimum Benefits (GMxB) by Insurance Companies

2012

Date	Title
12-07-12	Guidance for Computing and Substantiating the Credit for Increasing Research Activities under Section 41 of the Internal Revenue Code for Activities involved in Developing New Pharmaceutical Drugs and Therapeutic Biologics
07-30-12	I.R.C. §166: LB&I Directive Related to Partial Worthlessness Deduction for Eligible Securities Reported by Insurance Companies
01-23-12	Wireless Telecommunication Assets

2011

Date	Title
04-14-11	I.R.C. §475: Field Directive related to Mark-to-Market Valuation Frequently Asked Questions for I.R.C. § 475

2006

Date	Title
07-31-06	Industry Director Directive on Deductibility of Casino Complimentary Goods and Services
01-12-2006	Examination of Multiple Parties in Intermediary Transaction Tax Shelters as described in Notice 2001-16

2005

Date	Title
08-26-05	Industry Director Directive Amended Returns/Refund Claims Containing Invalid IRC § 280(C)(3) Elections

2004

Date	Title
04-30-04	Planning and Examination of Research Credit Issues in a Branded Pharmaceutical Company Pharmaceutical Industry Research Credit Audit Guidelines Exhibit B - Hypothetical Organizational Chart PDF Exhibit C - Departmental Reporting Structure (Research Career Ladder) PDF Exhibit D - Research Credit Wage Issue Chart
04-16-04	Timber Casualty Losses Exhibit B - Issue Paper on Timber Casualty Losses - Valuation of a Single Identifiable Property

2003

Date	Title
10-17-03	Examination of Legally Mandated Research and Experimentation Expenses in the Biotech and Pharmaceutical Industries

2002

Date	Title
02-25-02	Audit Procedures for Golf Course Land Improvements - Change in Accounting Method
02-07-02	Depreciable Golf Course Land Improvements and the Impact of Rev. Rul. 2001-60

2001

Date	Title
12-12-01	Conformity Election for Bank Bad Debts

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