Tax evasion by tax deferment: Sham litigation with an informal credit market
Article Type
Research Article
Publication Title
European Journal of Political Economy
Abstract
We show theoretically how tax evasion is facilitated by informal credit market through tax deferment. Our model is empirically based. Using sham litigation, tax evaders earn a higher rate of return than the stipulated penalty rate for tax evasion while the government loses tax revenue. We propose an upfront part–payment of the disputed amount of tax as a solution to the form of tax evasion we describe.
DOI
10.1016/j.ejpoleco.2021.102008
Publication Date
9-1-2021
Recommended Citation
Marjit, Sugata; Mishra, Suryaprakash; and Mitra, Sandip, "Tax evasion by tax deferment: Sham litigation with an informal credit market" (2021). Journal Articles. 1832.
https://digitalcommons.isical.ac.in/journal-articles/1832