This paper, originally designed to focus on discovering a suitable tax structure that befits an aspiring LMIE as it … composition of taxes without focussing in equal measure on the issue of the size of tax revenue at stake, namely the tax effort … over the recent decades. Finally, we delve into the issues of fundamental reforms of the tax system as well as of the …

This study presents in detail the concept of a financial transaction tax (FTT) and the theoretical and empirical … cooperation is deemed a central prerequisite for an efficient FTT. The purpose of the tax is to raise substantial revenues and … revenue potential of a global FTT and report how much revenues would accrue to specific countries. We estimate that the tax …

Tax evasion and money laundering are conceptually closely related: they both entail some form of concealment. In the … tax authorities, there is a direct overlap between money laundering and tax evasion decisions. The possibility of … tax evasion. Typically the incentives to carry out these activities in other jurisdictions will be higher where the …

Two global initiatives are examples of the effective use of tax systems instruments to protect countries' tax … sovereignty in a world of increasing globalization. These OECD/G20 initiatives will provide tax administration and policy … researchers with valuable insights on taxpayer and government behaviors. In addition, a number of other multilateral tax …

of corruption in the society all farms of corruptions has to be internalized by introducing a permit and tax for …

banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade …. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a …

federal personal income tax evasion over the period 1975-2008, with a specific focus upon the impact of higher federal income … tax rates on tax evasion. In this study, we use the most recent data available on aggregate personal income tax evasion … reported AGI. Most other studies of federal income tax evasion for the U.S. do not use data this current. It is found that the …

banks, a financial transactions tax contributes to financial distress and undoes other policy measures that are used to …This paper studies the impact of a financial transactions tax on a financial market where financial institutions trade …. There are two main results: First, if all banks have enough liquidity so that they can honor their short-term obligations, a …

In the wake of the recent financial crisis, several commentators have suggested a transaction tax on financial markets …. The potential consequences of such a tax could be hazardous to the financial markets affected as well as to the economy … possible impact of a transaction tax on U.S. futures market activity as well as its utility as potential tax revenue. We find …