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About POGO's Federal Contractor Misconduct Database (FCMD)
The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »
Corrections Corporation of America
Settlement of 1997 IRS Audit
Date: 10/24/2002 (Date of Settlement)
Misconduct Type: Tax
Enforcement Agency: Treasury – IRS
Contracting Party: None
Court Type: Administrative
Amount: $54,000,000
Disposition: Settlement
Synopsis: In October 2002 CCA entered into a settlement agreement with the Internal Revenue Service in connection with the IRS’s audit of a 1997 federal income tax return filed by CCA’s corporate predecessor. Under the terms of the settlement, CCA paid approximately $54 million.
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