Commissioner, Internal Revenue Service
Charles Paul Rettig was born in November 1956 in Los Angeles, California. He earned an undergraduate degree in economics from the University of California, Los Angeles, a JD from Pepperdine University School of Law, and an LLM in taxation from New York University School of Law.
He spent 38 years in the private practice of law in Beverly Hills, holding leadership positions in a number of professional organizations. He has been appointed by the IRS to serve as Chairman of the IRS Advisory Board, for one year.
He was appointed by President Trump to serve as Commissioner of the Internal Revenue Service. His appointment was confirmed by the full Senate and he took office in October 2018.
He is married to Tam Rettig and they have four children, including two stepsons.
In the news…
Internal Revenue Service Commissioner Charles Rettig has asked Congress for help in ending land rights deals that the government considers abusive deals.
He told a Senate subcommittee that so-called syndicated conservation easements have continued despite years of increased IRS enforcement that now includes guaranteed audits, attempts to impose civil penalties for fraud, litigation and criminal investigations.
In response to questions from Senator Chris Van Hollen of Maryland, the IRS commissioner said, “We have invested a lot of resources in this space. We have had no impact on the display of the volume of these transactions… We need the help of Congress. We need a law to help us curb this activity.
In a conservation easement, a landowner can claim an income tax deduction for donating development rights, usually to a nonprofit land trust. Syndicated agreements created by developers over the past decade use this basic structure and create permanent restrictions on land use.
But IRS officials argue that these developers often rely on inflated appraisals and assumptions about a potential development of value to claim they are giving up much more in value than the land may have recently sold. In many cases, investors are trying to claim deductions in excess of four times what they spend, and these breaks are so large that they can turn a quick profit at public expense.
Contact this chef…
Have you prayed for Commissioner Rettig today? You can report it to:
The Honorable Charles Rettig, Commissioner
Internal Revenue Service
1111 Constitution Ave. NW
Washington, D.C. 20224