Financial accountability (1 - 4 of 4 items) in Custom Date Range
International Taxation: Information on Foreign-Owned but Essentially U.S.-Based Corporate Groups Is Limited
GAO-12-794: Published: Jul 16, 2012. Publicly Released: Aug 15, 2012.
The FCDC ownership structure could provide a tax avoidance or evasion advantage relative to a structure where U.S. parents own foreign subsidiaries. Academic experts we spoke to said that the FCDC corporate structure does not provide an inherently greater ability to evade taxes through transfer pricing abuse because transfer pricing rules are the same for the FCDC structure as for U.S. corporation...
IRS Seizures: Limited Progress in Eliminating Asset Management Control Weaknesses
GGD-00-5: Published: Nov 29, 1999. Publicly Released: Jan 3, 2000.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) progress in eliminating asset management control weaknesses, focusing on: (1) the implementation of the IRS Restructuring and Reform Act's mandate to remove revenue officers from the asset sale function; and (2) other internal control weaknesses identified in GAO's 1992 testimony.GAO noted that: (...
IRS Audits: Weaknesses in Selecting and Conducting Correspondence Audits
GGD-99-48: Published: Mar 31, 1999. Publicly Released: Mar 31, 1999.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) program to audit income tax returns through correspondence, focusing on: (1) the number, results, and duration of correspondence audits as well as the characteristics of the audited returns; and (2) processes and requirements that IRS has had for years to govern correspondence audits.GAO noted that: (1) several...
Tax Administration: Lessons Learned From IRS' Initial Experience in Redeploying Employees
GGD-97-24: Published: Jan 9, 1997. Publicly Released: Jan 9, 1997.
GAO reviewed the Internal Revenue Service's (IRS) initial efforts to redeploy employees under the terms of the Redeployment Understanding, focusing on whether there were lessons to be learned from: (1) IRS' initial use of redeployment procedures and their impact on IRS' operations; and (2) the reaction of redeployed employees and their supervisors to redeployment and the redeployment process.GAO f...