Large Business and International (LB&I) Division

The Large Business and International (LB&I) Division of the Internal Revenue Service (IRS) focuses on ensuring that large corporations and multinational enterprises comply with tax laws. It reviews their financial activities, tax returns, and international transactions to prevent tax evasion and ensure fairness in the tax system. LB&I handles complex tax issues affecting big businesses, works to improve tax compliance, and aims to resolve disputes efficiently. Essentially, it plays a crucial role in maintaining the integrity of the tax process for large entities that significantly impact the economy.