Cross-border tax evasion after the common reporting standard: Game over?

Casi, Elisa ; Spengel, Christoph ; Stage, Barbara

DOI:	https://doi.org/10.1016/j.jpubeco.2020.104240
URL:	https://www.sciencedirect.com/science/article/abs/...
Document Type:	Article
Year of publication:	2020
The title of a journal, publication series:	Journal of Public Economics
Volume:	190
Page range:	Article 104240
Place of publication:	Amsterdam [u.a.]
Publishing house:	Elsevier
ISSN:	0047-2727 , 1879-2316
Publication language:	English
Institution:	Business School > ABWL u. Betriebswirtschaftliche Steuerlehre II (Spengel)
Subject:	330 Economics
Abstract:	We study the short-term effect of the first global multilateral standard for the automatic exchange of information (AEOI), the so-called Common Reporting Standard (CRS), on cross-border tax evasion. Employing newly available bilateral data on cross-border deposits, we find that the CRS induced a reduction of 11.5% in cross-border deposits parked in tax havens. However, despite the 4000 bilateral information exchange relations created under the CRS, deposit relocation is still an option for secrecy-seeker. We find that the United States, which did not commit to the CRS, emerges as an attractive location for cross-border deposits.

Dieser Eintrag ist Teil der Universitätsbibliographie.

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Casi, Elisa ; Spengel, Christoph ; Stage, Barbara (2020) Cross-border tax evasion after the common reporting standard: Game over? Journal of Public Economics Amsterdam [u.a.] 190 Article 104240 [Article]

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