Putting TRAC to Work
  Legal and Scholarly
Stanford Graduate School of Business and The University of Texas at Austin
August 2017

Using IRS data to Identify Income Shifting to Foreign Affiliates
By Lisa De Simone and Lillian F. Mills

Mean differences in both NetPayments and Outbound between the smallest and largest groups are all statistically significant. Given IRS audit data from the Transactional Records Access Clearinghouse (TRAC) reveals a significant increase in audit likelihood at $250M in total assets (Hoopes, Mescall and Pittman 2012), this pattern of results could reflect IRS audit probability deterring outbound shifting.

Transactional Records Access Clearinghouse, Syracuse University
Copyright 2017
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