Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-25-2014, 06:13 AM
Junior Member
 
Join Date: Apr 2014
Posts: 1
Can the IRS tap citizen power to police tax-evading corporations?

t sounds like an outtake from the Lives of Others or another surveillance conspiracy theory: what if you mobilized an entire country to make sure businesses paid their taxes?. According to him, the reason for that would be the work required to register the receipts with the government.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 04-25-2014, 02:50 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by Kelly99 View Post
t sounds like an outtake from the Lives of Others or another surveillance conspiracy theory: what if you mobilized an entire country to make sure businesses paid their taxes?. According to him, the reason for that would be the work required to register the receipts with the government.
guess it is up to each jurisdiction’s measurement if it is effective/efficient ; it depends how it works. Tax auditing is a difficult /not perfectly accurate and successful and expensive process in any jurisdiction . it may( I guess more or less) work by way of collecting/remitting taxes,i..e, sales /use taxes 1099s including 1099K or etc. by making TPs as part of the process(by increasing both TPs’ compliance with paying taxes, and theirinvolvement with their satisfaction when they actually do pay).



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Recently Moved to US. I'm a citizen, my wife is not adifrank Income 1 06-10-2012 02:57 AM
capital gains non-U.S. citizen living outside the U.S ledavido Capital Gains 1 04-06-2012 12:35 AM
UK Citizen - Moved To US - Selling UK Property + Work In The US shafan1810 Income 1 01-31-2012 09:39 AM
Foreign income for U.S. Citizen living in U.S. ResearchConsultant Income 1 01-31-2012 05:03 AM
power of attorney mcelmury1212 Miscellaneous 1 03-20-2011 08:35 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.