OICS

AcronymDefinition
OICSOrgane International de Contrôle des Stupéfiants (International Narcotics Control Board)
OICSOsservatorio Interregionale Cooperazione Sviluppo (Italian: Interregional Observatory on Development Cooperation; est. 1991)
OICSOrganisation Internationale de Coopération pour La Santé (French: International Cooperation for Health)
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References in periodicals archive ?
In fiscal year 2005, the IRS received nearly 67,000 OICs, down from 97,000 in 2004.
The IRS released temporary and proposed regulations (TD 8829 and IR-1999-64) that allow it to take into account hardship and equity factors in offers in compromise (OIC).
In testimony before the House Small Business Committee on April 5, 2006, Nina Olsen, the IRS Taxpayer Advocate, said that, on average, accepted OICs have resulted in the Service collecting 16 cents on every dollar owed.
Holmes and Schindler acknowledged that the IRS can reject OICs in cases where its clear the taxpayer can pay the amount owed within the statute of limitations plus five years.
7122 offer-in-compromise (OIC) when the taxpayers incurred a large alternate minimum tax (AMT) liability on the exercise of incentive stock options (ISOs).
The IRS has changed the overall OIC program significantly as part of the 1998 Tax Act to increase efficiency and increase the criteria for acceptance.
The debtor submitted an OIC to the IRS for $621,326, which it rejected; it would not process the offer because it does not consider OICs from persons involved in pending bankruptcy proceedings.
For all OICs (other than those based solely on doubt as to liability), the Service verifies the taxpayer's income and assets according to its policies and procedures.
OICs accepted to promote effective tax administration.
One of the changes made in 1992, along with the policy change on offers, was the requirement that taxpayers whose OICs are accepted must stay in compliance with all Federal tax filing and payment requirements for a period of five years following acceptance of an offer.
He said OIC has full confidence in the UNs leadership and hoped that it would take a principal role to fight such tendencies and promote intercultural and inter-faith harmony that is basic to coexistence of mankind.