Tax Policy and Administration

This report summarizes GAO's work in the tax area during fiscal year 1992. It discusses actions taken on GAO's recommendation as of the end of 1992, recommendations that GAO made to Congress before and during fiscal year 1992 that remain open, and assignments for which GAO was given access to tax information under the law. GAO's key recommendations for tax policy and administration relate to the need for improving compliance, increasing accounts receivable collections, simplifying the tax system, improving the Tax Systems Modernization Program, strengthening management practices, and enhancing the effectiveness of tax incentives.

GAO noted that its recommendations addressed specific actions that Congress and the administration could take to: (1) improve compliance with tax laws; (2) increase accounts receivable collections; (3) simplify the tax system; (4) improve the Tax Systems Modernization Program; (5) strengthen management practices; and (6) enhance the effectiveness of tax incentives.