Tax enforcement can be prohibitively costly when market transactions and participants are difficult to observe. Evasion … among market participants may reduce tax revenue and provide certain types of suppliers an undue competitive advantage … this paper, we show that an upper bound on pre-enforcement tax compliance can be obtained using market data on pre- and …

In 2009, the United Kingdom abolished the taxation of profits earned abroad and introduced a territorial tax system …-in-differences research design, we show that profits of UK subsidiaries in low-tax countries increased after the reform compared to …

We estimate the revenue implications of a Destination Based Cash Flow Tax (DBCFT) for 80 countries. On a global average …, DBCFT revenues under unchanged tax rates would remain similar to the existing corporate income tax (CIT) revenue, but with …

In this article we use a stochastic model with one representative firm to study business tax policy under default risk …. We will show that, for a given tax rate, the government has an incentive to reduce (increase) financial instability and … default costs if its objective function is welfare (tax revenue) …

extent to which the signal is informative, and may even turn into a tax when the signal is sufficiently strong. Finally, we … compare the current practice in the US, a charitable contribution deduction provided by Section 170 of the US Tax Code, with …

This paper investigates the choice of apportionment factors under a corporate tax system of Formula Apportionment. In …) factors if jurisdictions are granted full fiscal autonomy with respect to tax rates and the formula design. A welfare gain can … same time allowing jurisdictions fiscal autonomy in setting tax rates. However, the central planner uses the formula as a …

We develop a simple structural model of value added tax (VAT) compliance, and estimate it using widely available …

-movements and exchange shutdowns in 34 major countries around the world over the period 20 July 2010 – 5 February 2020. Under the …