nep-acc New Economics Papers
on Accounting and Auditing
Issue of 2020‒08‒24
nine papers chosen by
Alexander Harin
Modern University for the Humanities

  1. Taxing hidden wealth: the consequences of U.S. enforcement initiatives on evasive foreign accounts By Johannesen, Niels; Langetieg, Patrick; Reck, Daniel; Risch, Max; Slemrod, Joel
  2. Development of Integrated Zakat, Infaq and Shadaqoh Information System: Evidence in Amil Zakat Institutions By Sri Dewi Anggadini
  3. Hide-and-seek: Can tax treaties reveal offshore wealth? By Jeong-Dae Lee
  4. The Effect of Ownership Structure, Cash Holding and Tax Avoidance on Income Smoothing By Nico Alexander
  5. Evaluierung von Steuervergünstigungen. Evaluierungsgruppe E: Einkommensteuer – Mitarbeiterkapitalbeteiligung By Thöne, Michael (Ed.)
  6. Evaluierung von Steuervergünstigungen. Evaluierungsgruppe C: Einkommensteuer – Gewerbliche Wirtschaft und Landwirtschaft By Thöne, Michael (Ed.)
  7. Fiscalité locale et dynamique d'emploi des territoires : analyse empirique sur les communes françaises (Version preprint) A paraitre dans la Revue d'Economie Régionale et urbaine, 2021 By Matthieu Chtioui Cepn; Nadine Levratto
  8. Competition in Taxes and IPR By Ronald B. Davies; Yutao Han; Kate Hynes; Yong Wang
  9. Bargaining at Retail Stores: Evidence from Vienna By Shelegia, Sandro; Sherman, Joshua

  1. By: Johannesen, Niels; Langetieg, Patrick; Reck, Daniel; Risch, Max; Slemrod, Joel
    Abstract: In 2008, the IRS initiated efforts to curb the use of offshore accounts to evade taxes. This paper uses administrative microdata to examine the impact of enforcement efforts on taxpayers’ reporting of offshore accounts and income. We find that enforcement caused approximately 50,000 individuals to disclose offshore accounts with a combined value of about $100 billion. Most disclosures happened outside offshore voluntary disclosure programs, by individuals who never admitted prior noncompliance. Disclosed accounts were concentrated in countries often characterized as tax havens. Enforcement-driven disclosures increased annual reported capital income by $2-$4 billion, corresponding to $0.6-$1.2 billion in additional tax revenue.
    JEL: H24 H26 K34
    Date: 2020–08–01
    URL: http://d.repec.org/n?u=RePEc:ehl:lserod:105864&r=all
  2. By: Sri Dewi Anggadini (Department of Accounting, Indonesia Computer University, Indonesia Jl. Dipati Ukur 112- 116 Bandung West Java - Indonesia Author-2-Name: Deden A.Wahab Author-2-Workplace-Name: Department of Master of Management, Indonesia Computer University, Indonesia Jl. Dipati Ukur 112- 116 Bandung West Author-3-Name: Rio Yunanto Author-3-Workplace-Name: Department of Computerized Accounting, Indonesia Computer University, Indonesia Jl. Dipati Ukur 112- 116 Bandung West Java -Indonesia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)
    Abstract: Objective - The purpose of this study is the development of integrated information systems and models, developing and developing information systems of zakat, infaq, and shadaqoh (ZIS) which are integrated in the Amil Zakat District / City Institution in West Java, Indonesia. Indonesia's West Java Province has the potential for zakat collection, but it is still not effective. Methodology – This research program was conducted to measure the effect of ZIS information systems on the quality of accounting information as measured by the quality of financial statements, in order to establish a strategy for obtaining muzakki satisfaction in West Java Province. This study will identify the relationship model between them. The research program was conducted in 27 cities/regencies in West Java Province of Indonesia Findings – The research used a series of different research approaches such as structured review and qualitative work with interviews or focus group discussions to develop key factors for the success of information systems and Partial Least Squares Structural Equation Modeling as an analysis method. Novelty – The results of this study indicate that an integrated ZIS information system has an impact on the quality of accounting information measured by the quality of financial statements. Type of Paper - Empirical.
    Keywords: information systems, zakat, infaq, shodaqoh, information.
    JEL: E6 H2 H3
    Date: 2020–06–30
    URL: http://d.repec.org/n?u=RePEc:gtr:gatrjs:jfbr169&r=all
  3. By: Jeong-Dae Lee (Macroeconomic Policy and Financing for Development Division, UNESCAP)
    Abstract: In response to offshore tax evasion, governments have introduced new tax treaties to facilitate the exchange of financial account information between jurisdictions, including traditional tax havens. Based on international banking statistics, I examine whether these treaties have had a material impact on offshore evasion. Based on panel regression analysis, I find that cross-border deposits in traditional haven jurisdictions, taken as a proxy for offshore evasion in the literature, have declined substantially. However, I also find that these offshore assets are being relocated to few non-compliant tax havens and moreover, “non-haven” offshore financial centres, most notably the United States, which has yet to commit to reciprocal and automatic exchange of information and establish a public register of ultimate beneficial ownership.
    Keywords: tax evasion, tax haven, exchange of information
    JEL: H26
    Date: 2019–08
    URL: http://d.repec.org/n?u=RePEc:unt:wpmpdd:wp/19/07&r=all
  4. By: Nico Alexander (Trisakti School of Management, Kyai tapa No. 20, 11440, Jakarta, Indonesia Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)
    Abstract: Objective - This study aims to undertake an empirical study of the influence of ownership structure, cash holding, and tax avoidance on income smoothing. Methodology/Technique – Ownership structure in this research is measured by public ownership and managerial ownership. The population of this research are manufacturing companies listed on the Indonesian Stock Exchange (IDX) between 2015-2017 and there are 50 companies that meet the criteria and serve as the research sample. The sample selection in this study uses purposive sampling and the hypotheses were tested using binary logistics. Findings – The results of this study show that managerial ownership and public ownership, cash holding by companies and tax avoidance do not have influence on income smoothing. These results show that managerial ownership and public ownership do not affect income smoothing because there are same interest, to improve their wealth. Similarly, neither how much cash is held by a company nor tax avoidance behavior effect income smoothing. Type of Paper - Empirical.
    Keywords: Income Smoothing; Ownership Structure; Cash Holding; Tax Avoidance.
    JEL: G23 G28
    Date: 2019–12–31
    URL: http://d.repec.org/n?u=RePEc:gtr:gatrjs:jfbr166&r=all
  5. By: Thöne, Michael (Ed.)
    Abstract: Steuervergünstigungen sind breitenwirksam einsetzbare und potenziell effiziente Instrumente der Förderung und instrumentellen Unterstützung zahlreicher Politikfelder, beispielsweise in der Verkehrspolitik, der Wohnungspolitik, der Umweltpolitik sowie für viele sektorale oder Querschnittsaufgaben der Wirtschaftspolitik. Zugleich verlangen steuerliche Subventionen wegen ihrer Budgetferne sowie ihrer Tendenz zu Langlebigkeit und Mitnahmeeffekten die besondere Wachsamkeit einer verstärkt auf Ergebnisorientierung und Evidenzbasierung aufbauenden politischen Steuerung Für diesen Anspruch liefert die große Evaluierung von 33 deutschen Steuervergünstigungen die wissenschaftliche Grund- lage. Im Auftrag des Bundesministeriums der Finanzen haben 2017 bis 2019 das ZEW Mannheim, das Ifo Institut, das Fraunhofer FIT sowie federführend das FiFo Köln gemeinsam steuerliche Subventionen im Umfang von zusammen rund 7,4 Milliarden Euro quantifiziert und nach einem einheitlichen Mus- ter tiefgehend evaluiert.
    Keywords: Steuervergünstigungen,Subventionen,Evaluation,Tax expenditures,subsidies,evaluation
    JEL: H23 H24 H25
    Date: 2019
    URL: http://d.repec.org/n?u=RePEc:zbw:fifore:28e&r=all
  6. By: Thöne, Michael (Ed.)
    Abstract: Steuervergünstigungen sind breitenwirksam einsetzbare und potenziell effiziente Instrumente der Förderung und instrumentellen Unterstützung zahlreicher Politikfelder, beispielsweise in der Verkehrspolitik, der Wohnungspolitik, der Umweltpolitik sowie für viele sektorale oder Querschnittsaufgaben der Wirtschaftspolitik. Zugleich verlangen steuerliche Subventionen wegen ihrer Budgetferne sowie ihrer Tendenz zu Langlebigkeit und Mitnahmeeffekten die besondere Wachsamkeit einer verstärkt auf Ergebnisorientierung und Evidenzbasierung aufbauenden politischen Steuerung Für diesen Anspruch liefert die große Evaluierung von 33 deutschen Steuervergünstigungen die wissenschaftliche Grund- lage. Im Auftrag des Bundesministeriums der Finanzen haben 2017 bis 2019 das ZEW Mannheim, das Ifo Institut, das Fraunhofer FIT sowie federführend das FiFo Köln gemeinsam steuerliche Subventionen im Umfang von zusammen rund 7,4 Milliarden Euro quantifiziert und nach einem einheitlichen Mus- ter tiefgehend evaluiert.
    Keywords: Steuervergünstigungen,Subventionen,Evaluation,Tax expenditures,subsidies,evaluation
    JEL: H23 H24 H25
    Date: 2019
    URL: http://d.repec.org/n?u=RePEc:zbw:fifore:28c&r=all
  7. By: Matthieu Chtioui Cepn; Nadine Levratto (EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)
    Abstract: Local taxation and capital expenditure are important levers available to local authorities to promote territorial development and economic growth. This article analyzes whether, and to what extent, the changes in employment computed at the municipal level are determined by the taxes that apply to businesses. To this end, it relies on French data structured by municipalities during the period 2011-2015, which begins when a profound reform of local business taxation took place. Our results show that the tax system has little or no influence on the fluctuations of employment, but that the latter are sensitive to the capital expenditure of municipalities. In part, they confirm the thesis that taxes locally collected are used to achieve expenditures that are beneficial to all production units in a territory.
    Abstract: La fiscalité locale et les dépenses d'équipement font partie des leviers d'action dont disposent les pouvoirs locaux pour favoriser le développement du territoire et la croissance économique. Cet article analyse si, et dans quelle mesure, les variations de l'emploi observées localement sont déterminées par les taxes qui s'appliquent aux entreprises. Il s'appuie pour ce faire sur des données françaises structurées par communes au cours de la période 2011-2015 qui débute au moment où est intervenue une profonde réforme de la fiscalité locale. Nos résultats montrent que la fiscalité n'exerce que peu, voire pas, d'influence sur les fluctuations de l'emploi mais que ces dernières sont en revanche sensibles aux dépenses d'équipement des communes. Ils confirment en partie la thèse selon laquelle les taxes collectées localement servent à réaliser des dépenses bénéfiques pour l'ensemble des unités de production présentes sur un territoire.
    Keywords: local taxes,employment,growth,fiscalité locale,emploi,économies d'agglomération,croissance
    Date: 2020–07–17
    URL: http://d.repec.org/n?u=RePEc:hal:wpaper:halshs-02901499&r=all
  8. By: Ronald B. Davies; Yutao Han; Kate Hynes; Yong Wang
    Abstract: We examine competition for foreign direct investment when governments compete in tax incentives along with intellectual property rights (IRPs) protection. Higher IPRs result in a lower probability of the multinational enterprise (MNE) being imitated and thus higher expected profits and tax revenues, all else equal. We show that, from the perspective of competing hosts, equilibrium IPRs are too high while taxes are too low. Coordination between jurisdictions can therefore lower the multinational's expected payoff, providing a rationale for why during recent trade negotiations FDI home countries complain about low IPRs in some locations while not pushing for them to be centrally determined.
    Keywords: Tax competition; FDI; IPRs; Imitation
    JEL: F23 H25
    Date: 2020–06
    URL: http://d.repec.org/n?u=RePEc:ucn:wpaper:202019&r=all
  9. By: Shelegia, Sandro; Sherman, Joshua
    Abstract: The optimality of trading mechanisms has long been a subject of interest in economics, yet there exists little empirical evidence regarding which mechanisms of trade are deployed in practice. Our audit study of retail stores in Vienna documents previously unknown and important facts. Stores agree to a discount off of the posted price approximately 40% of the time. Discounts are more likely to be granted by small-scale firms, for higher-priced products, and for non-sale items. Our findings are consistent with the predictions of a principle-agent model in which a firm decides whether to augment posted prices with bargaining concessions
    Keywords: Audit Study; Bargaining; posted price; Trading Mechanism
    JEL: C78 C93 D12 L81
    Date: 2019–10
    URL: http://d.repec.org/n?u=RePEc:cpr:ceprdp:14078&r=all

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