Tax Administration

The Internal Revenue Service was created in 1862 as the Office of the Commissioner of Internal Reven...

Her Majestys Revenue and Customs was formed in 2005 from the merger of the Inland Revenue and Custom...

Tax treaties, also called double taxation agreements, prevent the same income from being taxed by tw...

The OECD Base Erosion and Profit Shifting project was launched in 2013 to address corporate tax avoi...

Transfer pricing is the setting of prices for transactions between related parties within a multinat...

The US tax filing season runs from January to April 15 each year. Approximately 160 million individu...

The Common Reporting Standard, developed by the OECD in 2014, requires participating countries to au...

April 15 has been the deadline for filing US federal income tax returns since 1955. Before 1955, the...

Refund anticipation loans, or RALs, were short term loans secured by a taxpayers expected refund. RA...

The US tax preparation industry generates over 14 billion annually. Intuit, the maker of TurboTax, i...

The IRS Free File program was created in 2002 through an agreement between the IRS and the tax prepa...

The US tax gap is the difference between taxes owed and taxes collected on time. The IRS estimates t...

Tax compliance burden refers to the time and money spent by taxpayers to comply with tax laws. In th...

The Inflation Reduction Act of 2022 provided 80 billion in additional IRS funding over 10 years. The...

In 2017, the IRS awarded Equifax a 7.25 million contract to help verify taxpayer identities. This wa...

Tax loss harvesting is the practice of selling investments at a loss to offset capital gains and red...

The United States Tax Court was established in 1942 as a replacement for the Board of Tax Appeals, w...

The IRS Whistleblower Program pays informants who report tax evasion. The program traces its roots t...

One of the oldest tax treaties still in force is between the Netherlands and its former colony Surin...

Tax amnesty programs allow delinquent taxpayers to come forward, pay back taxes, and avoid penalties...

The US tax withholding system was introduced by the Current Tax Payment Act of 1943. Before withhold...

The Earned Income Tax Credit has one of the highest improper payment rates of any federal program, e...

IRS impersonation phone scams became a major problem starting around 2010. Scammers call taxpayers c...

Tax identity theft occurs when someone uses a stolen Social Security number to file a fraudulent tax...

The battle over free tax filing in the US has been ongoing for two decades. In 2002, the IRS created...

The Organisation for Economic Co operation and Development has been the primary body for internation...

Form 1040 is the standard US individual income tax return. The first Form 1040 was introduced in 191...

During the Civil War, Congress enacted the first federal income tax in 1861, but it was largely unco...

Estonia has one of the worlds most efficient tax systems. Tax filing takes an average of 5 hours per...

Pre filled tax returns are used in 36 countries, including Estonia, Denmark, Sweden, Finland, Norway...

IRS Direct File launched as a pilot program in 12 states for the 2024 filing season. Direct File is ...

IRS audit rates have declined dramatically since 2010. The audit rate for individual taxpayers fell ...

IRS customer service reached its worst point during the COVID pandemic. In 2022, the IRS answered on...

Property tax assessments in the United States have been found to systematically over assess low valu...