Tax enforcement and the intended and unintended consequences of information disclosure *,**

• 成果类型: Article
• 署名作者: Konda, Laura; Patel, Elena; Seegert, Nathan
• 署名单位: United States Department of the Treasury; Utah System of Higher Education; University of Utah
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2022.104690
• 发表日期: 2022
• 关键词: BusinessTax; InformationDisclosure; TaxEnforcement

摘要

We quantify the intended and unintended consequences to firms of increasing tax information disclosure to the IRS. Our empirical strategy leverages an exogenously staggered adoption of a redesigned federal U. S. tax form. We find that the redesign achieved the intended consequence of increasing compliance after 2011 among some firms. At the same time, we find the unintended consequence that firms changed their reporting in a way that decreased expected tax liability. We estimate that this unintended behavior reduced corporate receipts by $1.2 billion.