Putting TRAC to Work
Legal and Scholarly
University of South Florida Sarasota-Manatee
February 4, 2018
The Effect of the Interplay between Corporate Governorance and External Monitoring Regimes on Firms' Tax Avoidance By Carlos E. Jiménez-Angueira
	Crenshaw (1999)attributes the increase in tax avoidance during the late 1990s to the weakness of IRS enforcement efforts, corporate greed, and the wide availability of tax planning products in the market. Consistent with Crenshaw's argument data from the Transactional Records Access Clearinghouse (TRAC, 2014) indicate a steady decrease in the audit rates across all business sizes during this period. For example, audit rates for the largest corporations (i.e., with $250 million assets or more) declined from 46% in 1997 to 31% in 2000s...[Citing TRAC research and reports]. External Link
	Transactional Records Access Clearinghouse, Syracuse University Copyright 2018