The Joint Federal / State Motor Fuel Tax Compliance Project: Fiscal Year 1994 Midyear Report
-
1994-11-02
Details:
-
Corporate Creators:
-
Subject/TRT Terms:
-
Publication/ Report Number:
-
Resource Type:
-
Geographical Coverage:
-
Corporate Publisher:
-
Abstract:Substantial revenue losses caused by motor fuel tax evasion schemes were discovered in the New York metropolitan area in the mid-1980s. Since that time, motor fuel tax evasion schemes have spread to every region of the country, and many of them are masterminded and controlled by organized crimes. Estimates of losses vary. However, evidence suggests that combined Federal and state motor fuel tax evasion losses exceed $2 billion annually. Most of this lost revenue was destined for the Highway Trust Fund (HTF) and state transportation and highway funds. Since 6.8 cents of the federal motor fuel tax is now dedicated to deficit reduction, the General Fund is also impacted.
-
Format:
-
Collection(s):
-
Main Document Checksum:
-
Download URL:
-
File Type: