RMO No. 97-98: Extends up to June 30,1999 RSO NOS. 673-98 and 697-98 relative to the conduct of joint and coordinated examination of interrelated taxpayers, and audit of banks, insurance companies and other financial intermediaries for taxable year 1997 and uninvestigated prior years

Key points

1. Orders extended. RSO Nos. 673-98 and 697-98 cover the joint and coordinated examination of interrelated taxpayers. They also cover the audit of banks, insurance companies and other financial intermediaries.
2. Years covered. The examinations and audits are for taxable year 1997 and uninvestigated prior years.

Who is affected

• Interrelated taxpayers
• Banks, insurance companies and other financial intermediaries

Deadlines and effectivity

• Extended up to June 30, 1999