Tax Administration: Information on IRS' International Tax Compliance
Activities (Fact Sheet, 06/27/94, GAO/GGD-94-96FS).

In 1993 there were about 52,000 foreign-controlled corporations in the
United States, 19,000 foreign corporations with business activities in
the United States, and an estimated 80,000 U.S.-controlled foreign
corporations. GAO has previously reported on problems with international
tax compliance and the fact that proportionately more foreign-controlled
corporations pay no U.S. income taxes versus U.S.-controlled
corporations. Congress and others have raised questions about the
complexity of the international tax laws and about the Internal Revenue
Service's (IRS) ability to ensure that corporations are accurately
calculating their tax liabilities. Therefore, Congress authorized IRS
more international resources for fiscal year 1994. This fact sheet
provides information on (1) how IRS has used additional resources
allocated to international compliance activities and (2) how IRS
measures the effectiveness of these activities.

--------------------------- Indexing Terms -----------------------------

 REPORTNUM:  GGD-94-96FS
     TITLE:  Tax Administration: Information on IRS' International Tax 
             Compliance Activities
      DATE:  06/27/94
   SUBJECT:  Tax administration
             Foreign corporations
             Tax nonpayment
             Foreign investments in US
             Income taxes
             Tax administration systems
             Tax returns
             International economic relations
             Tax violations
             Voluntary compliance
IDENTIFIER:  IRS Advance Pricing Agreement Program
             IRS Coordinated Examination Program
             
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