CSC announced the addition of Partnership Representative services to its corporate compliance service offering, in conjunction with the requirements set forth by Internal Revenue Code section 6223.
CSC is based near Wilmington.
This new regulation requires large partnerships to assign a representative to work on their behalf regarding IRS audits.
CSC experts worked directly with the IRS and lawmakers to determine the challenges associated with the new code, which mandates a partnership representative be assigned to firms if they do not choose their own designated representative. CSC Partnership Representative services will help further assist organizations in meeting compliance requirements in the U.S. and abroad.
“Because we’re not affiliated with any law firms or financial institutions, we offer independent, non-conflicted services. Additionally, our long legacy of corporate compliance services makes us uniquely qualified in this space,” says John Hebert, vice president of Corporate Development. “We’re one of the world’s largest privately held businesses to offer administration services for specialized transactions.
CSC offers decades of experience providing a variety of transaction services, including independent officers and directors.
“CSC was founded in Delaware in 1899 on the premise of simplifying the way corporations are formed, operate, and maintain their compliance—and helping companies fulfill their requirements for partnership representative is a natural extension of that foundation,” says Hebert.
For more information on CSC Partnership Representative Services, as well as a list of frequently asked questions regarding the new legislation, go to cscglobal.com.
