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U.S. IRS Announce Recovery of USD 1.3 Billion from High-Income, High-Wealth Individuals under Inflation Reduction Act Initiatives

|Approved Changes|United States
United States

The U.S IRS has announced the recovery of USD 1.3 billion has been recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives.

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U.S. Department of the Treasury, IRS announce $1.3 billion recovered from high-income, high-wealth individuals under Inflation Reduction Act initiatives

$172 million recovered from 21,000 wealthy taxpayers who have not filed tax returns since 2017 in first six months of new initiative

IR-2024-233, Sept. 6, 2024

WASHINGTON…

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