IRS administration of the Windfall Profit Tax and US Geological Survey's oil and gas royalty collection activities. Hearing before a Subcommittee of the Committee on Government Operations, House of Representatives, Ninety-Seventh Congress, First Session, April 13, 1981

Book · Thu Jan 01 04:00:00 EST 1981

OSTI ID:6145092

The government's need for revenues prompted an April 13, 1981 hearing to review whether Internal Revenue Service (IRS) receipts from the Windfall Profit Tax are meeting projections. The committee also heard testimony on how the tax is being administered and what effect it is having on IRS operations in other areas as well as a report on the tax collected by the US Geological Survey on oil produced on federal lands. The three major witnesses represented the General Accounting Office, IRS, and the US Geological Survey. Their testimony is followed by letters and other materials submitted for the record. Additional relevant submissions from the IRS and the Geological Survey appear in the appendix. (DCK)

• OSTI ID: 6145092
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700 -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
HEARINGS
INCOME
INDUSTRY
MANAGEMENT
MINERAL RESOURCES
NATIONAL ORGANIZATIONS
NATURAL GAS INDUSTRY
PETROLEUM INDUSTRY
RESOURCES
ROYALTIES
TAXES
US DEPARTMENT OF TREASURY
US IRS
US ORGANIZATIONS
WINDFALL PROFITS TAX