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Taxation & Estate Planning

: TaxProf Blog

Federal Tax Collections Plummeted $400b in FY 2009

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The Treasury Inspector General for Tax Administration yesterday released Trends in Compliance Activities Through Fiscal Year 2009 (2010-30-066), which reports that gross federal tax collections declined $400 billion in FY 2009 (to $2.35 trillion from $2.75 trillion in FY 2008): The FY 2009 Collection function activities showed mixed results compared...

Full post as published by TaxProf Blog on July 30, 2010 (boomark / email).

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