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Financial Management: Some DOD Contractors Abuse the Federal Tax System with Little Consequence.

Publication: General Accounting Office Reports & Testimony
Publication Date: 01-MAR-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GAO-04-414T February 12, 2004

GAO addressed issues related to three high-risk areas including the Department of Defense (DOD) and the Internal Revenue Service (IRS) financial management and IRS collection of unpaid taxes. This testimony provides a perspective on (1) the magnitude of taxes...

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...unpaid federal owed by DOD contractors, (2) whether indications exist of abuse or criminal activity by DOD contractors related to the federal tax system, (3) whether DOD and IRS have effective processes and controls in place to use the Treasury Offset...

NOTE: All illustrations and photos have been removed from this article.



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