Waterways Fuel Tax
Download Waterways Fuel Tax full books in PDF, epub, and Kindle. Read online free Waterways Fuel Tax ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Inland Waterways Fuel Tax
Author | : United States Government Accountability Office |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 50 |
Release | : 2017-09-23 |
Genre | : |
ISBN | : 9781977571854 |
Download Inland Waterways Fuel Tax Book in PDF, Epub and Kindle
The inland waterways are a critical component of the nation's freight transportation system-moving over $230 billion of coal and other bulk commodities in 2014. Vessel operators that transport these products via barge pay a $0.29 per-gallon fuel excise tax, which provides partial funding for new construction and major rehabilitation of navigation infrastructure, such as locks and dams, on the waterways. From 2005 through 2014, the fuel tax generated about $83 million per year. Any non-compliance, such as not filing or under-reporting the tax, would reduce available funding. The Water Resources Reform and Development Act of 2014 included a provision for GAO to evaluate the efficiency of collecting the fuel tax and assess alternative collection methods. This report describes: (1) the results of IRS's efforts to ensure compliance from 2005-2014; (2) challenges IRS and inland waterways operators report in determining taxes owed; and (3) alternative methods of collecting the fuel tax under existing law, and their advantages and disadvantages. GAO analyzed IRS audit data from 2005- 2014, the most recent available data; reviewed relevant tax policy papers and reports; and interviewed Corps, IRS, and Treasury officials, as well as a non-generalizable sample of 10 vessel operators to obtain perspectives on fuel tax compliance.
Inland Waterways Fuel Tax Related Books
Pages: 50
Pages: 128
Pages: 462
Pages: 116
Pages: