IRS' (Internal Revenue Service's) Administration of the Crude Oil Windfall Profit Tax Act of 1980

摘要

This report discusses the Internal Revenue Service's administration of the Crude Oil Windfall Profit Tax Act of 1980. The report points out that IRS has made progress in administering the windfall profit tax. Nonetheless, it also specifies various legislative and administrative actions which can be taken to facilitate windfall profit tax administration.