题目：Production vs revenue efficiency with limited tax capacity: theory and evidence from Pakistan

时间：2015年11月24日  星期二     12:00 – 14:00

地点：明德主楼714

报告人：Anne Brockmeyer

摘要：This paper analyzes the design of tax systems under imperfect enforcement. A common policy in developing countries is to impose minimum tax schemes whereby firms are taxed either on profits or on turnover, depending on which tax liability is larger. This production inefficient tax policy has been motivated by the idea that the broader turnover tax base is harder to evade. Minimum tax schemes give rise to a kink point in firms’ choice sets as the tax rate and tax base jump discontinuously when one tax liability surpasses the other. Using administrative tax records on corporations in Pakistan, we find large bunching around the minimum tax kink. We show that the combined tax rate and tax base change at the kink provides small real incentives for bunching, making the policy ideal for eliciting evasion. We develop an empirical approach allowing us to put (tight) bounds on the evasion response to switches between profit and turnover taxation, and find that turnover taxes reduce evasion by up to 60-70% of corporate income. Our analysis sheds new light on the use of production-inefficient tax tools in countries with limited tax capacity and can easily be replicated in other contexts as the quasi-experimental variation needed is ubiquitous.

报告人简介：Anne Brockmeyer is an economist in the World Bank’s Macroeconomic and Fiscal Management Practice, and affiliated with the Bank’s Community of Practice on Taxation. Anne’s research focuses on tax evasion and behavioral responses to taxation in developing countries; the determinants and consequences of informality; and the effect of taxation on investment. Her work draws on large-scale administrative data and randomized field experiments, and has been published in the Journal of Political Economy (forthcoming) and Fiscal Studies. She holds a PhD from the LSE.