Sentence examples for audit rate from inspiring English sources
Only one in 142 tax returns of people making $100,000 or more is audited, but the audit rate for partnerships is just one in 400.
Over the last decade, the audit rate for the largest corporations has fallen by almost half.
The audit rate for the 11,200 largest corporations, which pay nearly all corporate income taxes, has fallen by almost half over the last decade, as has the audit rate for unincorporated businesses.
The government calculated the audit rate at 5.6percentt among millionaires, compared with 4.4percentt by T.R.A.C.
Among taxpayers who did not apply for that credit, the audit rate last year was just one in 370.
The overall audit rate for corporations of all sizes was 7.3percentt, down from 8.8percentt a year earlier and 29.7percentt in 1993.
"Audit rates among captives are very low," Mr. Adkisson said.
Yes, these audit rates are down, but audits are not the only way we identify taxpayers.
But he said that even if his staff of auditors grew, audit rates might not rise.
Mr. Rossotti said the steady drop in audit rates might be coming to an end.
CHARLES O. ROSSOTTI, commissioner of the Internal Revenue Service on any temptations caused by the decline in audit rates.
