October 1979
National Review;10/12/1979, Vol. 31 Issue 41, p1273
The article comments on the United States Internal Revenue Service's (IRS) proposal on how to deal with the problem of tax evaders. The IRS proposed the withholding of ten percent from all payments due independent contractors. According to the IRS, by withholding tax payments at the source, the government can prevent tax money from being channeled into the Underground Economy. The author gives the reasons why the proposal should be opposed.


Related Articles

  • Internal Revenue Service: Challenges Remain in Combating Abusive Tax Schemes: GAO-04-50.  // GAO Reports;11/19/2003, p1 

    Abusive tax avoidance schemes could threaten our tax system's integrity and fairness if honest taxpayers believe that significant numbers of individuals are not paying their fair share of taxes. Abusive schemes encompass such distortions of the tax system as falsely describing the law (saying,...

  • Curbing Tax Evasion: Do You Know Where Your Data Is? Kentouris, Chris // Securities Industry News;1/25/2010, Vol. 22 Issue 2, p12 

    The article discusses the proposed legislation called The Foreign Account Tax Compliance Act (FATCA) intended to curb tax evasion by Americans overseas. The FATCA compels foreign financial institutions to disclose the identities of direct and indirect U.S. investors in foreign assets and accede...

  • Rachael Griffin: All you need to know about Fatca. Griffin, Rachael // Money Marketing (Online Edition);2/12/2015, p26 

    The article discusses the U.S. Foreign Account and Tax Compliance Act (FATCA) by the U.S. Internal Revenue Service which gathers data to monitor the performance of American citizens with overseas assets. An overview of FATCA is presented, detailing information about its provisions on pensions,...

  • What Is Left In Tax Shelters Some remain, though many have been blown away by a new law.  // Time;12/4/1978, Vol. 112 Issue 23, p74 

    The article offers information on the 1978 tax law from the U.S. Internal Revenue Service (IRS) and U.S. Congress which restricts tax avoidance schemes. It states that the capital gains rate of the profits from the sale of partnership property have been decreased from effective maximum of 49.1%...

  • Cheating on taxes: Common among rich and poor. Grier, Peter // Christian Science Monitor;4/15/98, Vol. 90 Issue 97, p1 

    Focuses on the number of people in the United States who cheat on their taxes. Estimates from the Internal Revenue Service about the percentage of each dollar owed in taxes which is never paid; The shrinking fear of an audit which may be partly responsible for some of the cheating; How cheating...

  • IRS Warns Taxpayers About Tax Scams.  // Clergy Journal;May/June2001, Vol. 77 Issue 7, p84 

    Discusses a number of commonly used tax schemes warned by the U.S. Internal Revenue Service. Information on the African American special tax refund; Details of the social security scheme; Reason for not getting untax packages. INSET: Tax Filing Deadlines.

  • What's Your Client's Criminal Exposure on His. ROBBINS JR., EDWARD; TOSCHER, STEVEN; PEREZ, DENNIS // Federal Lawyer;Dec2013, Vol. 60 Issue 10, p38 

    The article reports on the third amnesty program 2012 Offshore Voluntary Disclosure Program (2012 OVDP) being announced by the U.S. Internal Revenue Service (IRS). Topics discussed include role of 2012 OVDP in evaluating the criminal taxation over taxpayers, collection of more revenue in...

  • Taxes and Penalties on Unreported Foreign Assets: Who Foots the Bill? Skarlatos, Bryan C.; Sardar, Michael // Journal of the American Academy of Matrimonial Lawyers;2014/2015, Vol. 27 Issue 1, p83 

    The article focuses on rules of the U.S. Internal Revenue Service (IRS) on reporting foreign assets in divorce settlement cases. Topics discussed include penalties and imprisonment may offered on hiding presence of foreign assets, taxation on ownership of foreign assets, and the laws related to...

  • BECAUSE FOREVER IS TOO LONG. KOFSKY, AUSHER M. B. // Western New England Law Review;2015, Vol. 37 Issue 3, p265 

    The article examine the U.S. laws that allows unlimited time to prosecute allegations of tax fraud, false returns and instances of non-filed tax returns. Topics discussed include the U.S. Internal Revenue Service (IRS) limitless tax investigations; sections 6501(e)(1)-(3), (9) of the U.S....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics