Economic and Political Determinants of Tax Amnesties in the U.S. States /

This paper revisits earlier studies on the determinants of tax amnesties. The novel findings are (i) amnesties are more likely to be declared during fiscal stress periods, and (ii) political factors significantly affect the introduction and timing of amnesties. In particular, the paper empirically d...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Le Borgne, Eric
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/222
الموضوعات:
الوصول للمادة أونلاين:Full text available on IMF
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper revisits earlier studies on the determinants of tax amnesties. The novel findings are (i) amnesties are more likely to be declared during fiscal stress periods, and (ii) political factors significantly affect the introduction and timing of amnesties. In particular, the paper empirically disentangles opposite theoretical effects to show that governors perceive amnesties as another revenue source (rather than a tax increase alternative). Finally, supporting evidence shows that by breaking horizontal equity, amnesties might be perceived as unfair: a significant correlation exists between governors who lost their reelection bids and the introduction of a tax amnesty during their election years. 
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651 7 |a United States  |2 imf 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/222 
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