On 28 April 2021, the United States (US) Treasury Department issued a press release detailing the Government's plan to increase resources to the Internal Revenue Service (IRS) in order to improve tax compliance.According to the release, President Joe Biden proposes to direct US$80 billion to the IRS over the next 10 years to: (i) improve technology; (ii) increase the hiring and training of auditors to focus on complex investigations of large corporations, partnerships and global high-wealth individuals; and (iii) increase enforcement against high-income individuals."The IRS requires more resources to conduct investigations into underreported income and to pursue high-income taxpayers who evade...