State Tax Directors Focus on Fraud, Economic Substance and Closing the Tax Gap

Daily Tax Report: State provides authoritative coverage of state and local tax developments across the 50 U.S. states and the District of Columbia, tracking legislative and regulatory updates,...

 As state tax revenue officials face continued uncertainty in the resources available to enforce state tax codes, both in terms of budget allocations and personnel turnover, many will react by using new technologies and management strategies to capture revenue that might have otherwise gone uncollected due to noncompliance or fraud. In this lead report, Bloomberg BNA correspondent Michael Bologna examines the approaches states will take to address these issues, as well as emerging issues and developments in state tax law.

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