Government Report Focuses on International Enforcement and Collection Overseas

“It seems that every time TIGTA issues a report, and demands the IRS modify their methods and procedures, the IRS takes action. If the information and premises in the TIGTA report are valid, then the IRS changes in policy can be for the good.

The IRS has already dedicated tremendous resources to the area of international taxation. It will be interesting to see if the IRS will dedicate even more resources to this area in response to the TIGTA report?”


Report: IRS Must Enhance its International Collection Efforts

The Treasury Department, through the Treasury Inspector General for Tax Administration (“TIGTA”) has highlighted what the U.S. government should be doing in the 21st century to collect U.S. taxes owed under U.S. law, against overseas taxpayers and their worldwide assets.  The highlight of the report is set out below and the complete report of 12 Sept. 2014 can be read here TIGTA Report:

World Map

WASHINGTON – As international tax noncompliance remains a significant area of concern for the Internal Revenue Service (IRS), its collection efforts need to be enhanced to ensure that delinquent international taxpayers become compliant with their U.S. tax obligations, according to a report released publicly today by the Treasury Inspector General for Tax Administration (TIGTA).

The overall objective of TIGTA’s review was to evaluate the IRS’s collection efforts on delinquent taxpayers residing in foreign countries. Income received from international…

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