Total Estimated Corporate Tax Fraud For 2009

% Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111) % Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111) % Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111) % Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111) % Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111) % Total Estimated Corporate Tax Fraud For 2009 Every tax season, no one feels the burn more than America's corporations. Corporations are legally obligated to pay huge sums of money to Uncle Sam for the freedom to do business on our soil, but some attempt to cheat the system and dodge their responsibility. Data on the scope of corporate tax fraud is beginning to emerge for the 2009 fiscal year. How Many Corporations Paid? In 2009, it is estimated that 84% of taxpayers voluntarily paid their taxes. This is known as the VOLUNTARY COMPLIANCE RATE 2009 There are over 5,800,000 registered corporations in America. - 100,000 Corporations If the compliance rate were applied to this group, it would mean that 928,000 CORPORATIONS did not voluntarily pay some or all of their taxes in 2009. Total 2009 Corporate Income Taxes In 2009, the US federal government took in $138,229,000,000 in tax- revenue from corporations. Using the 2009 voluntary compliance ...-- rate for estimation, this represents just- 84% of the total taxes due. This means that $29,329,333,333 was not paid. This is an average of approximately % -$28,372 per each non-paying corporation. The IRS Fights Back Although many corporations believe they can get away with sheltering money from taxation, the federal government does not lose such a large amount of revenue without a fight. Just three years earlier (2006), over 60 million dollars was 60M spent on tax enforcement against fraudulent corporations. This represented nearly 4 of the total IRS tax enforcement budget. Penalties For Corporate Tax Fraud Many of the aforementioned investigations eventually lead to conviction. When the IRS nabs a corporate tax evader, the punishments can get quite severe. Charge Years Prison (up to) Fines (up to) 34 Attempt to evade or defeat tax: and / or $200,000 Willful failure to collect or pay $500,000 and / or over tax: Willful failure to file return and / or $200,000 3 Fraud and false and / or statements $300,000 Attempts to interfere with administration of Internal Revenue laws 3 and / or $300,000 Sources: irs.gov | paulryan.house.gov 11111 11111 11111 111111 期 111111 劃 画 理 11111)