WASHINGTON - The Internal Revenue Service has tapped James Polfer as the new chief of the tax-exempt bond branch in the associate chief counsel's office for the financial institutions and products division.

Polfer previously held the position of assistant to the branch chief in branch four of FIP, which specialized in the taxation of insurance companies and products. Polfer held that position for seven years, his entire tenure with the IRS. This position marks his first work with municipal bonds for the IRS.

Polfer's new position, which he began Monday, is in FIP's branch five. His responsibilities include providing legal assistance to the tax-exempt bond branch and working on regulations, private-letter rulings, technical advice memoranda, and other forms of guidance. Furthermore, branch five provides all legal services related to cases pending in the U.S. Tax Court, including settlements.

Polfer replaces Rebecca Harrigal, who has moved on to serve as chief of the recently created new products branch for FIP's associate chief counsel's office. Harrigal had held her previous position for 10 years, as part of the total 17 years she has spent with the IRS.

The tax-exempt bond branch in the office for the associate chief counsel was moved to the financial institutions and products division from the tax-exempt and government entities division early last year.

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