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 2007-05-03 monographic deposited born digital 32 p. GA 1.13:GAO-07-823T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-823T P0b002ee180381c19 f:d07823t DGPO 2010-08-12 2011-05-04 GAOREPORTS-GAO-07-823T machine generated eng fdlp REPORT GAOREPORTS-GAO-07-823T GAO-07-823T Auditing standards Foreign corporations Income taxes Investigations by federal agencies Noncompliance Program evaluation Statutory limitation Tax administration Tax evasion Tax returns Taxpayers Treaties Voluntary compliance Withholding taxes Policies and procedures Yellow Book IRS Qualified Intermediary program Testimony A69068 Offshore tax evasion is difficult for the Internal Revenue Service (IRS) to address. IRS examines tax returns to deal with offshore evasion that has occurred. IRS's Qualified Intermediary (QI) program seeks to foster improved tax withholding and reporting. GAO was asked to testify on two topics. First, GAO was asked to provide information on (1) the length of, and assessments from, IRS's examination of tax returns with offshore activity and (2) the impact of the 3-year statute of limitations on offshore cases. Second, for the QI program, GAO was asked to address (1) program features intended to improve withholding and reporting, and (2) whether weaknesses exist in the U.S. withholding system for U.S. source income and QI external reviews and IRS's use of program data. GAO relied on prior work for the first topic. For the QI program, GAO used the latest data that were available and corroborated by IRS. https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-823T/html/GAOREPORTS-GAO-07-823T.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GAO-07-823T/pdf/GAOREPORTS-GAO-07-823T.pdf GAO-07-823T https://www.govinfo.gov/app/details/GAOREPORTS-GAO-07-823T Testimony GAO-07-823T; Tax Compliance: Challenges in Ensuring Offshore Tax Compliance; Auditing standards Foreign corporations Income taxes Investigations by federal agencies Noncompliance Program evaluation Statutory limitation Tax administration Tax evasion Tax returns Taxpayers Treaties Voluntary compliance Withholding taxes Policies and procedures Yellow Book IRS Qualified Intermediary program