Tax law (41 - 50 of 50 items)
Tax Administration: Profiles of Major Components of the Tax Gap
GGD-90-53BR: Published: Apr 4, 1990. Publicly Released: Apr 19, 1990.
Pursuant to a congressional request, GAO assessed the Internal Revenue Service's (IRS) gross tax gap estimates for 1987.GAO found that: (1) for 1987, IRS estimated the tax gap to be $84.9 billion; (2) sole proprietors underpaid 23 percent of their tax liability, which reflected both unreported income and overstated business reductions; (3) informal suppliers failed to report $7.7 billion in income...
Tax Administration: Missing Independent Contractors' Information Returns Not Always Detected
GGD-89-110: Published: Sep 8, 1989. Publicly Released: Oct 12, 1989.
Pursuant to a congressional request, GAO reviewed whether Internal Revenue Service (IRS) examinations effectively identified businesses that failed to file information returns for payments made to independent contractors.GAO found that: (1) IRS examinations of business tax returns did not effectively identify businesses that failed to file required information returns on contractor payments; (2) r...
Information Return Requirements for Independent Contractors
T-GGD-89-21: Published: May 16, 1989. Publicly Released: May 16, 1989.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) efforts to: (1) ensure that employers report payments made to independent contractors; and (2) detect employers who misclassify employees as independent contractors. GAO found that: (1) federal, state, and local governments, and businesses were not complying with tax reporting requirements; (2) IRS failed to ide...
Tax Administration: Opportunities Exist for Improving IRS' Administration of Alien Taxpayer Programs
GGD-88-54: Published: Apr 11, 1988. Publicly Released: May 12, 1988.
Pursuant to a congressional request, GAO studied the: (1) extent to which legal aliens complied with tax filing requirements; and (2) effectiveness of Internal Revenue Service (IRS) programs aimed at identifying and collecting legal aliens' income taxes.GAO found that IRS: (1) lacked sufficient information to measure the extent to which legal aliens complied with requirements, or the effectiveness...
The Tax Gap
T-GGD-88-22: Published: Mar 31, 1988. Publicly Released: Mar 31, 1988.
GAO discussed the gap between the amount of income taxes that individuals and businesses owed and the amount that they voluntarily paid. GAO noted that the Internal Revenue Service's (IRS) most recent estimate showed: (1) a tax gap of $84.9 billion for tax year 1987, with individuals owing $63.5 billion, large and medium corporations owing about $16 billion, and small corporations owing about $5 b...
Tax Administration: IRS' Tax Gap Studies
GGD-88-66BR: Published: Mar 25, 1988. Publicly Released: Mar 25, 1988.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) studies on the tax gap, defined as the difference between the amount of income taxes individuals and businesses voluntarily pay and the amount of income taxes individuals and businesses actually owe.GAO found that the IRS 1988 tax gap study differed from its 1983 study in that it: (1) excluded tax...
Tax Code Amendment: A Change in Foreign-Owned U.S. Corporations' Reporting Requirements
GGD-86-19: Published: Nov 1, 1985. Publicly Released: Dec 2, 1985.
In response to a congressional request, GAO studied Internal Revenue Service (IRS) tax compliance activities with respect to foreign-owned U.S. corporations.GAO found that the present language of the section of the Internal Revenue Code (IRC) that requires certain foreign-owned U.S. corporations to report transactions with related domestic or foreign corporations does not require the reporting of...
Information Reporting Requirements for State and Local Income Tax Refunds
GGD-84-51: Published: Feb 2, 1984. Publicly Released: Feb 2, 1984.
Pursuant to a congressional request, GAO evaluated the benefits to the Federal Government and the costs to the States of implementing the refund reporting requirements of section 6050E of the Internal Revenue Code versus the benefits and costs of implementing H.R. 625, which would amend that section. Section 6050E requires that State and local governments provide written statements to taxpayers sp...
Impact of the Paperwork Reduction Act on the Internal Revenue Service's Ability To Administer the Tax Laws
GGD-82-90: Published: Jul 6, 1982. Publicly Released: Jul 6, 1982.
Concern was expressed that section 202 of the proposed Taxpayer Compliance Improvement Act of 1982 would exempt the Internal Revenue Service (IRS) from key provisions of the Paperwork Reduction Act of 1980. GAO was requested to analyze the impact of the Paperwork Act on the ability of IRS to administer the tax laws, particularly the Taxpayer Compliance Improvement Act. The analysis was directed to...
Issues Affecting State Taxation of Multijurisdictional Corporate Income
114748: Mar 17, 1981
The manner in which States tax the income of multijurisdictional corporations has been a controversial subject for many years. Resulting primarily from a lack of uniformity among State income tax laws, the issues which have evolved entail large amounts of revenue, bear directly on the Federal-State relationship, and in recent years have grown in complexity, especially as they relate to foreign sou...