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Tax Gap: Multiple Strategies Are Needed to Reduce Noncompliance

  Premium   Download PDF Now (19 pages)
Report Type Reports and Testimonies
Report Date May 9, 2019
Release Date May 9, 2019
Report No. GAO-19-558T
Summary:

According to IRS estimates, taxpayers collectively pay about 82% of the taxes they owe. This difference between what taxpayers owe and what they pay voluntarily and on time is known as the tax gap, which IRS estimated averaged $458 billion a year for 2008-2010.

We testified that key factors contributing to the gap include tax code complexity and declining IRS budgets. We also testified about multiple strategies that could help reduce the gap. For example, requiring more corporations to file their taxes electronically could help the IRS better identify noncompliant taxpayers.

IRS’s Annual Average Tax Gap Estimate for Tax Years 2008-2010

The graphic shows that taxpayers owed about $2.5 trillion a year and paid just over $2 trillion.

The graphic shows that taxpayers owed about $2.5 trillion a year and paid just over $2 trillion.

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