Centenial Celebration

Transaction Search Form: please type in any of the fields below.

Date: November 22, 2024 Fri

Time: 12:01 pm

Results for tax evasion (u.s.)

1 results found

Author: DeBacker, Jason

Title: Importing Corruption Culture from Overseas: Evidence from Corporate Tax Evasion in the United States

Summary: This paper studies how cultural norms and enforcement policies influence illicit corporate activities. Using confidential IRS audit data, we show that corporations with owners from countries with higher corruption norms engage in higher amounts of tax evasion in the U.S. This effect is strong for small corporations and decreases as the size of the corporation increases. In the mid-2000s, the United States implemented several enforcement measures which significantly increased tax compliance. However, we find that these enforcement efforts were less effective in reducing tax evasion by corporations whose owners are from countries with higher corruption norms. This suggests that cultural norms can be a challenge to legal enforcement.

Details: Cambridge, MA: National Bureau of Economic Research, 2011. 47p.

Source: Internet Resource: Accessed February 1, 2012 at: http://www.nber.org/public_html/confer/2011/CCf11/DeBacker_Heim_Tran.pdf

Year: 2011

Country: United States

URL: http://www.nber.org/public_html/confer/2011/CCf11/DeBacker_Heim_Tran.pdf

Shelf Number: 123920

Keywords:
Corruption
Financial Crimes
Tax Evasion (U.S.)
White Collar Crime