PO-227: "Treasury, Irs Release 2001 Priority Guidance Plan"



	FROM THE OFFICE OF PUBLIC AFFAIRS April 26, 2001 PO-227 "TREASURY, IRS RELEASE 2001 PRIORITY GUIDANCE PLAN" The Treasury Department and the Internal Revenue Service today released the 2001 Priorities for Tax Regulations and Other Administrative Guidance. This is an ambitious plan that reflects not only the priorities of the Treasury Department, but also the combined input of taxpayers, practitioners and industry groups. *Highlights of the 2001 Priority Guidance Plan:* Industry Issue Resolution-a new pilot program designed to resolve frequently disputed tax issues. The plan year has been changed from a calendar year to a year ending June 30. This change will end the annual flood of guidance at the end of the calendar year. The plan contains 299 guidance projects. Attached is a joint statement from Mark Weinberger, Assistant Secretary (Tax Policy) at The Treasury Department, and Charles O. Rossotti Commissioner of the Internal Revenue Service, on the 2001 Priority Guidance Plan. The 2001 Priority Guidance Plan will be available on the website at www.treas.gov