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Tax Compliance: Thousands of Federal Contractors Abuse the Federal Tax System: Testimony Before the Subcommittee on Government Management, Organization, and Procurement, Committee on Oversight and Government Reform, U.S. House of Representatives
Our Price:
$
15.00
By
Gregory D. Kutz (au)
Year:
2007
Pages:
15
Binding
Paperback
Product Code:
1422315746
Description
Weaknesses in the tax area continue to expose the fed. gov’t. to significant losses of tax revenue & increase the burden on compliant taxpayers to fund gov’t. activities. Over the last several years, the author investigated the DoD & GSA contractors that abused the fed. tax system. 122 contractors were referred to IRS for further investigation & prosecution. This testimony highlights the key findings from prior testimonies & related reports. It: (1) describes the magnitude of tax debt owed by fed. contractors; (2) provides examples of fed. contractors involved in abusive & potentially criminal activity related to the fed. tax system; & (3) describes current law & proposed fed. reg’s. for screening contractors with tax debts prior to the award of a contract. Illus.
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