New York (Aug. 11, 2004) -- A senior auditor for the Internal Revenue Service says that the agency made a secret deal with a Silicon Valley company suspected of underpaying its taxes, according to published reports.

IRS senior auditor Remy Welling says that rather than tax returns to examine, the file she received on San Jose, Calif.-based Micrel contained an agreement to close an audit on the semiconductor maker before it had even begun, The New York Times reported.

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