Public companies located closer to IRS offices are more likely to face an audit, and those companies also engaged in greater tax avoidance, according to a recent study.
The study, by Profs. Thomas Kubick of the University of Kansas, G. Brandon Lockhart of Clemson University, Lillian Mills of the University of Texas at Austin, and John Robinson of Texas A&M University, examined “how the information environment, reflected by the proximity between corporate headquarters and IRS supervision, affects both tax avoidance and IRS enforcement.”
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