Executive Order 10386—Inspection of Files Covering Compromise Settlements of Tax Liability
By virtue of the authority vested in me by sections 55 (a), 508, 603, 729 (a), and 1204 of the Internal Revenue Code (53 Stat. 29, 111, 171; 54 Stat. 989, 1008; 55 Stat.722; 26 U.S.C. 55 (a), 508, 603, 729 (a), and 1204), it is hereby ordered that income, excess profits, declared value excess profits, capital stock, estate or gift tax returns for any taxable year shall be open to inspection to the extent necessary to permit the inspection of any accepted offer in compromise under section 3761 of such code relative to liability for any such tax and of any schedules or other papers relevant thereto. Such inspection shall be subject to the conditions stated in the related Treasury decision approved by me this date.
HARRY S. TRUMAN
THE WHITE HOUSE,
August 20, 1952
Harry S Truman, Executive Order 10386—Inspection of Files Covering Compromise Settlements of Tax Liability Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/278782