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 ************************************************************************ We regret that the full text of this item is presently unavailable. See the GAO FAQ - Section 2.0 for printed copy ordering information. The FAQ is automatically retrieved with all WAIS search results or can be obtained by sending e-mail to: [email protected]