TAX EVASION AND THE ALLOCATION OF CAPITAL
成果类型：
Article; Proceedings Paper
署名作者：
FULLERTON, D; KARAYANNIS, M
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
DOI：
10.1016/0047-2727(94)90054-X
发表日期：
1994
页码：
257-278
关键词：
摘要：
The efficiency cost of capital misallocations between the corporate sector and the noncorporate sector is typically measured using statutory tax differences. Corporate-source income tax compliance is high because of third party reporting, however, while noncorporate rental income tax compliance is low. Differential evasion thus exacerbates statutory differences and enlarges the efficiency cost. To measure this effect, we build a numerical general equilibrium model where households simultaneously choose portfolios of risky assets and fractions of income to report.
来源URL：