[Applicability of P.L. 99-177 to IRS Collections for the Virgin Islands and Guam]

B-221498.6: Published: Feb 7, 1986. Publicly Released: Mar 11, 1986.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

GAO reviewed the applicability of the Balanced Budget and Emergency Deficit Control Act to Internal Revenue Service (IRS) collections for Guam and the Virgin Islands. GAO found that: (1) there is no authority under the act to exempt the accounts from being sequestrated; (2) even though these payments may be made to fulfill a federal government trust responsibility, this is not a sufficient basis to consider the payments exempt from sequestration; (3) the payment of IRS collections is provided for under permanent indefinite appropriations; and (4) since there is no specific basis for exemption, both accounts are subject to reduction.

May 18, 2017

May 17, 2017

Apr 27, 2017

Apr 26, 2017

Mar 8, 2017

Jan 31, 2017

Jan 27, 2017

Jan 9, 2017

Sep 13, 2016

Sep 6, 2016

Looking for more? Browse all our products here