OIRA Influences Tax Policy?
From: Politico | Morning Tax
Eyeing the French
By BERNIE BECKER
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CUT THE FAT: Treasury’s announcement that it would curb the use of several of its regulatory tools — including so-called sub-regulatory guidance like revenue rulings and procedures, as Aaron noted — surprised lots of D.C. tax people.
Tax Notes’ Jonathan Curry had a thorough explainer on the new three-page memo and the largely positive reception it received, noting that the changes suggest the influence of Kristin Hickman, a senior official in the Office of Management and Budget’s Office of Information and Regulatory Affairs. There’s also a judicial angle here — the Supreme Court will soon hear arguments in a case where it could undercut the so-called Auer deference, which generally requires courts to side with agencies’ interpretations of their own regulations in legal disputes.
