|
Political Factoid
The gross tax gap is the
difference between true
tax liability for a given
tax year and the amount
that is paid on time.
It is comprised of the
nonfiling gap, the
underreporting gap, and
the underpayment (or
remittance) gap.
The net tax gap is
the portion of the
gross tax gap that
will never be recovered
through enforcement or
other late payments.
|
|
-30-
|
