tax authority

Government collection bureau

A tax authority is a government agency responsible for administering and collecting taxes.

In the United States, the Internal Revenue Service is the federal tax authority; states and localities have their own.

Tax authorities assess what's owed, process returns, conduct audits, and enforce compliance: The tax authority flagged her return for review.

revenue

collection

Gathered set of items

  • levyCompulsory government charge
  • tariffTax on traded goods
  • dutyRequired moral task

excise · customs · withholding · direct tax · indirect tax · income tax · VAT · GST · property tax · corporate tax

agency

IRS

Federal tax collector

jurisdiction · enforcement · regional office

compliance

filing

Storing documents systematically

requirements · obligations · deadlines · penalties · documentation · adherence · procedures · registration · withholding · remittance

audit

examination

Methodical assessment or review

discrepancies · back taxes · penalties · interest · adjustments · documentation · receipts · records · forensic · noncompliance

enforcement

evasion

Act of escaping detection

lien · garnishment · asset forfeiture · criminal investigation · tax shelter · offshore accounts · amnesty · whistleblower · subpoena · warrant

Categories
Opposites
institutional role in revenue flow

tax authoritytaxpayer

One who owes government duties

citizen · ratepayer

public vs. private financial entities

tax authorityprivate collector

Person accumulating valuables personally

private enterprise · commercial bank · private lender · credit agency · private equity firm

enforcement vs. avoidance

tax authoritytax shelter

Legal income-shielding arrangement

tax haven · offshore account · tax advisor · tax attorney · tax accountant

Family

authority, taxing, authorize, authorized, authorities, unauthorized, taxation, taxpayer, authoritative

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G