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Treasury Inspector General for Tax Administration

Press Release


June 11, 2008
Contact: David Barnes
(202) 622-3062
david.barnes@tigta.treas.gov

Treasury Inspector General for Tax Administration Releases Semiannual Report to Congress

Since October, the Treasury Inspector General for Tax Administration (TIGTA) has issued 83 audits identifying more than $151 million in increased or protected revenue, according to a report publicly released today.

In its Semiannual Report to Congress, TIGTA also announced that it had opened 1,728 investigations and closed 1,795 cases during the six month period ending March 31, 2008. These cases resulted in court-ordered fines, penalties and restitutions totaling $11,460,982.

The statistics were contained in TIGTA's Semiannual Report to Congress for the six-month period of October 1, 2007, to March 31, 2008.

Highlights of the reporting period included TIGTA's annual assessment of the top management challenges confronting the IRS, which was issued in October. The Semiannual Report to Congress presents a sampling of TIGTA's audit work in each of those challenge areas. Significant reports issued by TIGTA during the reporting period focused on:

"As indicated by this report, I am pleased to say that TIGTA is achieving its mission of promoting the integrity, efficiency, and effectiveness of tax administration," said Inspector General J. Russell George.

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