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Tax Administration: Interest on Tax Refunds Paid by IRS in 1988

GGD-89-42 Published: Mar 07, 1989. Publicly Released: Mar 07, 1989.
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Highlights

GAO provided information on how the Internal Revenue Service's (IRS) computation of interest on taxpayers' refunds was often used as an indicator of its timeliness in processing refunds.

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ErrorsFederal taxesIncome taxesInterest ratesQuestionable paymentsTax administrationTax lawTax refundsTaxpayersTax returns