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Dastparvardeh Posted 11 years ago
Business & Finance
give explanation for 2 tax related tenses
Hi,
"examinations protected a total of almost $4.5 billion in refund
payments"
what is the meaning of "protected" in here? does it mean it "saved" money?
here is the other sentence
"Returns Examined Involving Protection of Revenue Base"
what does "protection of revenue base" means?
thanks
"examinations protected a total of almost $4.5 billion in refund
payments"
what is the meaning of "protected" in here? does it mean it "saved" money?
here is the other sentence
"Returns Examined Involving Protection of Revenue Base"
what does "protection of revenue base" means?
thanks
Top answer
Is this all from a context that deals with preventing tax fraud?
- Is this all from a context that deals with preventing tax fraud?
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3 Answers
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No, it is from USA irc 2014 databook
http://www.irs.gov/pub/irs-soi/14databk.pdf
page 22 - table 11
"In FY 2014, examinations protected a total of almost $4.5 billion in refund payments, of which $4.4 billion came from feld examinations and $93.3 million from correspondence examinations (Table 11
http://www.irs.gov/pub/irs-soi/14databk.pdf
page 22 - table 11
"In FY 2014, examinations protected a total of almost $4.5 billion in refund payments, of which $4.4 billion came from feld examinations and $93.3 million from correspondence examinations (Table 11
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Broadly speaking, I think protecting revenue and revenue-related amounts mean preventing hem from being reduced, particularly by fraudulent means.
I can't give more details because the text you linked to leans heavily on taxation jargon.
Why are you interested in this text? Are
I can't give more details because the text you linked to leans heavily on taxation jargon.
Why are you interested in this text? Are
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