I examine the timeliness of write-downs taken by U.S. financial institutions during the financial crisis of 2007–2008. The timeliness of write-downs is measured by benchmarking the quarterly accounting write-down schedule with the devaluation schedule implied by exposure-specific credit...

Introduction / Henry J. Aaron and Joel Slemrod -- The tax shelter battle / Joseph Bankman -- Issues of international tax enforcement / David R. Tillinghast -- Small business and the tax system / Joel Slemrod -- The Turbotax revolution : can technology solve tax complexity? / Austan Goolsbee --...

Die Krise in Griechenland ist viel mehr als eine blosse Finanzkrise. Die Autoren dieses Sammelbands widmen sich in 28 Beiträgen allen ihren wesentlichen Aspekten. Sie räumen mit auf die Antike fixierten Vorstellungen über das heutige Griechenland auf, gehen kritisch auf Mentalität und...

Front Cover -- Contents -- Executive Summary -- Glossary of Technical Terms -- Abbreviations -- Introduction -- PART I The AMC Toolkit -- Chapter 1 Why a Public AMC? Preconditions for Public AMCs -- Commitment to Comprehensive Reforms -- Systemic Crisis and Public Funds at Risk -- Solid...

People pay taxes for two reasons. On the positive side, most people recognize, even if grudgingly, that payment of tax is a duty of citizenship. On the negative side, they know that the law requires payment, that evasion is a crime, and that willful failure to pay taxes is punishable by fines or...