Swiss banking secrecy laws not only tempt foreign investors to remain silent about at least part of their capital incomes and, thus, not pay taxes as obliged by law. Therefore, Switzerland introduced a withholding tax on capital income in 1934, primarily in order to coerce domestic residents to...

This paper analyzes the impact on the Mexican economy of burdens on firms, in particular those imposed by the Federal Labor Law and the Income Tax Law, whose burdens depend on the size of the firm. It is used a general equilibrium model; it starts from an equilibrium without distortions and...

This paper takes stock of what is known about the efficacy of actual Value Added Tax (VAT) systems, nearly 100 years since the tax was conceived. Existing VAT systems fall short of the idealized version on many dimensions, some by design and others unintended. Actual VATs might therefore have...