United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 2005-09-15 monographic deposited born digital 51 p. GA 1.13:GAO-05-747 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-747 P0b002ee1803a03ef f:d05747 DGPO 2010-08-12 2011-03-28 GAOREPORTS-GAO-05-747 machine generated eng fdlp REPORT GAOREPORTS-GAO-05-747 GAO-05-747 Claims settlement Damages (legal) Data collection Federal taxes Fines (penalties) Income taxes Surveys Tax administration Tax violations Voluntary compliance Tax deductions Other Written Product A36919 Although some civil settlement payments are deductible, their deterrence factor could be lessened if companies can deduct certain settlement payments from their income taxes. GAO was asked to (1) identify federal agencies that negotiated some of the largest dollar civil settlements, (2) determine whether selected federal agencies take tax consequences into account when negotiating settlements and officials' views on whether they should address payment deductibility in settlement agreements, (3) determine whether companies with some of the largest civil settlement payments deducted any of the payments on their federal income taxes, and (4) determine what information the Internal Revenue Service (IRS) collects on civil settlements reached by federal agencies. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-747/html/GAOREPORTS-GAO-05-747.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-05-747/pdf/GAOREPORTS-GAO-05-747.pdf GAO-05-747 https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-747 Other Written Product GAO-05-747; Tax Administration: Systematic Information Sharing Would Help IRS Determine the Deductibility of Civil Settlement Payments; Claims settlement Damages (legal) Data collection Federal taxes Fines (penalties) Income taxes Surveys Tax administration Tax violations Voluntary compliance Tax deductions Volume 112 Page 3280 112 Stat. 3280 Volume 116 Page 745 116 Stat. 745