U.S. Internal Revenue Service Gears Up on International Tax Compliance

The Internal Revenue Service’s Fiscal 1993 operations business plan emphasizes international tax compliance and guarantees that the international aspects of tax compliance will be one of its major initiatives in 1993. The business plan provides that regional commissioners will create baseline measures of voluntary compliance. As part of this exercise, it will develop actions to improve compliance for foreign-controlled corporations in the manufacturing, wholesaler and financial institution segments of the international tax arena…[more]