Amounts Awarded in FY’s 2001 – 2005
FY 2001 | FY 2002 | FY 2003 | FY 2004 | FY 2005 | TOTALS | |
Rewards Paid to Informants |
$3,337,035 | $7,707,402 | $4,057,476 | $4,585,143 | $7,602,685 | $27,289,741 |
Taxes, Fines, & Penalties Recovered | $30,774,539 | $56,583,517 | $48,379,562 | $45,644,890 | $68,126,671 | $249,509,179 |
Interest Recovered on Amount Above | $13,249,794 | $10,357,002 | $13,176,613 | $28,485,904 | $25,550,935 | $90,820,248 |
A total of $27,289,741 in rewards was paid to informants in Fiscal Years 2001 – 2005, in connection with the recovery of $249,509,179 in taxes, fines, and penalties, for an average reward of 10.9 percent. Rewards were not given for the interest recovered. (Source: Treasury Inspector General For Tax Administration, June 2006 Report)