On 5 August 2019, the U.S. IRS published a memorandum dated 31 July 2019 on the formal withdraw of Directive LB&I-04-0118-005. Directive LB&I-04-0118-005 was issued on 12 January 2018 and provided that examiners were to stop opening new examinations for issues related to stock-based compensation included in cost-sharing agreements until a final decision was known in relation to an appeal by Altera Corp. ({News-2019-06-11/A/5-previous coverage}).
---
MEMORANDUM FOR ALL LARGE BUSINES…