https://www.taxtmi.com/news?id=30290 A proposal would create an External Revenue Service to collect tariffs and other revenues from foreign nations, modeled after the Internal Revenue Service, but its establishment requires congressional authorization. The plan would centralize foreign-revenue collection functions currently exercised by the Commerce Department and Customs and Border Patrol, raising statutory and administrative concerns about duplication of duties, allocation of enforcement authority, and the interaction with a concurrent efficiency-driven task force proposing broad federal reductions. en-us Wed, 15 Jan 2025 00:16:03 +0530 Wed, 15 Jan 2025 00:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30290 A proposal would create an External Revenue Service to collect tariffs and other revenues from foreign nations, modeled after the Internal Revenue Service, but its establishment requires congressional authorization. The plan would centralize foreign-revenue collection functions currently exercised by the Commerce Department and Customs and Border Patrol, raising statutory and administrative concerns about duplication of duties, allocation of enforcement authority, and the interaction with a concurrent efficiency-driven task force proposing broad federal reductions. News - Wed, 15 Jan 2025 00:16:03 +0530 https://www.taxtmi.com/news?id=30290