Dear Commissioner Everson:
As developments unfold regarding the investigations of various Enron executives, we are following up on our letters dated July 19, 2002; Sept. 24, 2002; and January 8, 2003 (Commissioner Rossotti and then Acting Commissioner Wenzel) requesting information on possible tax investigations of Enron executives.
Specifically, we requested (1) information as to whether any Enron executive is listed in the information the IRS has developed with respect to the use of offshore bank accounts, (2) information as to whether there is any evidence suggesting that such executive has attempted to conceal income from the IRS, (3) that the IRS advise the Committee about any action taken against any Enron executive regarding their individual income liability, (4) a follow-up to the IRS response dated Sept. 18, 2002, that “the individual income tax returns of at least four Enron executives are undergoing ‘preliminary review’ ", we asked for a description of the phrase “preliminary review" and whether these corporate executives’ tax returns are under examination, (5) the number of keyofficer and executive income tax returns examined as part of the Enron corporate income taxexamination for the past 5 years, and (6) whether the individual income tax examinations wereopened during the corporate income tax examination.
We reiterate our previous requests and ask for a written response and briefing by Jan. 15,2004. Pursuant to Internal Revenue Code section 6103(f)(4), the Chairman hereby authorizes Mssrs.Dean Zerbe and Patrick Heck and Ms. Anita Horn Rizek to receive and inspect tax returns and returninformation with regard to this request.
Sincerely yours,
Max Baucus
Chairman
Charles E. Grassley Ranking Member
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Source: Ranking Member’s News
