GOVERNMENT REVENUE SERVICES

	Introduction
	Government revenue includes money received from different sources such as taxes, government bonds, and bank loans. Large governments usually have an agency or department that collects government revenues from individuals and companies. Government revenue services are largely used to collect taxes at the local, state as well as national levels. Different names are used in different countries for the revenue services. For example, Internal Revenue Service (I.R.S.) is the agency that collects tax revenue for the United States Federal Government. Government revenue, at the federal level, may also include a Federal Reserve Bank currency which is printed. Although generic business based accounting standards can be used for federal reserve banks, there is a question if these give a fair and accurate picture of government accounts. The focus of this discussion is on tax revenues.



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