$385 Billion in Unpaid Taxes

Post Date: 1/16/12  |   Last Updated: 1/16/12  |   Return to Tax Industry News
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Cross References
• IR-2012-4
• www.irs.gov

The Internal Revenue Service has released a new set of tax gap estimates for tax year 2006. The tax gap is defined as the amount of tax liability faced by taxpayers that is not paid on time. The following table summarizes the tax gap estimates as compared to the 2001 estimates, along with the total tax liabilities in each year.

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