Statistics: U.S. Government: TRAC: IRS Audits of Largest Corporations Plunge to Historic Low

From the description:

A special new report shows that the audit rate for corporations with $250 million or more in assets has dropped to its lowest point in the last 20 years. The report, based on data obtained by TRAC from the Internal Revenue Service under the Freedom of Information Act, further shows that the IRS has shifted audit resources from larger to smaller corporations. In an unprecedented action, the IRS also is seeking a court order to bar future access to agency statistics that are essential for this report.

Source: TRAC (Transactional Records Access Clearinghouse), Syracuse University

Comments are closed.