Alstadsæter, Annette - 2017
--HSBC Switzerland ("Swiss leaks") and Mossack Fonseca ("Panama Papers")--matched to population-wide wealth records in Norway, Sweden …, and Denmark. We find that tax evasion rises sharply with wealth, a phenomenon random audits fail to capture. On average … about 3% of personal taxes are evaded in Scandinavia, but this figure rises to close to 30% in the top 0.01% of the wealth …