Page 251 - Large Business IRS Training Guides
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Advance Notice of Proposed Rulemaking
(ANPRM)
• ANPRM describes a problem or situation, announces that the
agency is considering regulatory action, describes the agency’s
anticipated regulatory approach, and seeks input from the public
about the issues, the need for regulation, and the adequacy of
the agency’s proposed regulatory action. See CCDM 32.1.1.2.1
• Sometimes, instead of the ANPRM, a Notice may be published in
the Internal Revenue Bulletin to indicate the intention of the
Treasury Department and the IRS to issue proposed regulations.
Such Notices generally describe the scope and content of the
intended proposed regulations, invite comments from the public,
and specify if taxpayers may rely on the Notice. It is the policy of
the Department of Treasury to issue proposed regulations or
other guidance within 18 months of issuing the Notice.
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