Large Business and International Division

The Large Business and International Division (LBID) is a branch of tax authorities, such as the IRS in the U.S. or HMRC in the U.K., focused on managing tax affairs for large corporations and international businesses. This division ensures that these entities comply with tax laws, accurately report their profits, and pay the correct amount of tax. By focusing on larger businesses, LBID aims to address more complex tax issues, reduce tax evasion, and foster fair competition, ultimately contributing to the government’s revenue and economic growth.