tax authorities

Tax authorities are government agencies responsible for administering and enforcing tax laws. They collect taxes from individuals and businesses and ensure compliance with tax regulations. These authorities assess tax liabilities, conduct audits, and manage tax records. They also provide guidance to taxpayers about their obligations and rights regarding taxes. Essentially, tax authorities are vital for funding public services and infrastructure by ensuring that everyone pays their fair share of taxes according to the law. Examples include the Internal Revenue Service (IRS) in the U.S. and Her Majesty's Revenue and Customs (HMRC) in the UK.