Although the nation's 1,700 largest corporations pay billions of dollars
in taxes, do they pay all they owe? To address this matter, the Internal
Revenue Service (IRS) audits these companies under its Coordinated
Examination Program. Of the sizable sums that IRS auditors recommend in
additional taxes, how much is collected after appeals and litigation?
What factors reduce amounts collected? And what is the status of IRS'
ongoing changes to the Program to address those factors? This report
seeks to answer these questions.
Click here for the full GAO Report, PDF Version, 206pgs. 13.2M