Trends on Attitudes Toward Tax Evasion in the United States

2008 ◽  
Author(s):  
Robert W. McGee ◽  
Wendy Gelman
Keyword(s):  
United States ◽  
Tax Evasion ◽  
The United States

scholarly journals The United States and global regulation of convertible virtual currencies

2020 ◽  
pp. 58-69
Author(s):  
P. Maggs
Keyword(s):  
United States ◽  
Consumer Protection ◽  
Tax Evasion ◽  
The United States ◽  
The Other ◽  
Global Competition ◽  
Global Regulation ◽  
Virtual Currency ◽  
Other Hand ◽  
The One

The regulation of convertible virtual currencies (for instance Bitcoin) is an area both of global cooperation and global competition. On the one hand, virtual currencies create serious problems of payment for illegal transactions, money laundering, tax evasion, and consumer fraud. On the other hand such currencies, have the potential to lower the costs of commercial and consumer transactions and to facilitate international trade. Both dealing with the problems and realizing the potential of virtual currencies require international cooperation.There is no uniformity in national legislation on virtual currency. A recent survey of over 100 countries showed a wide variation in both the amount and methods of regulation 2 . While, at this stage, experimentation with various types of regulation may help discover better ways to deal with this currency, on the other hand, there is a real danger that some countries will be come unregulated virtual currency havens where the worst aspects of virtual currency can flourish.This article will look at United States law, and also at existing and needed international cooperation in the areas of taxation, investor protection, consumer protection, monetary regulation, and crime prevention.

Introduction

2018 ◽  
Author(s):  
Sven H. Steinmo
Keyword(s):  
United States ◽  
Tax Evasion ◽  
Tax Compliance ◽  
The United States ◽  
Tax Revenue ◽  
State Institutions ◽  
Political Cultures ◽  
History Of ◽  
The Government ◽  
Treat All

Why are some people more willing to pay their taxes than others? In some countries the government is able to collect more than 90% of the taxes it is owed, while in other countries more than 30% of tax revenue goes missing due to tax evasion. This book explores this question by examining the fiscal history of five different democratic nations: Sweden, Britain, Italy, the United States, and Romania. This chapter introduces the book and draws out the central themes introduced in the substantive chapters. Drawing on these rich historical chapters, the introduction shows that successful states have developed strong administrative capacities, treat all taxpayers fairly, and deliver value for the monies they collect. This chapter argues that differences in tax compliance across countries is not explained by different political cultures, but is instead explained by differences in the efficacy of state institutions and the ways they have interacted with their citizens.

Change and Stability in Global Tax Policy

2020 ◽  
pp. 1-24
Author(s):  
Lukas Hakelberg
Keyword(s):  
United States ◽  
Tax Evasion ◽  
Tax Policy ◽  
Market Access ◽  
The United States ◽  
Great Power ◽  
Fundamental Change ◽  
Tax Havens ◽  
International Tax ◽  
International Tax Policy

This chapter takes a look at the ability of a great power like the United States to unilaterally effect fundamental change in international tax policy through coercion. It first shows that the structural constraints precluding a common interest in countermeasures to tax evasion were still in place when the US Congress passed the Foreign Account Tax Compliance Act (FATCA). Second, the chapter reveals that there was no need for normative change, because regulative norms have never consistently prevented the United States from interfering with the legal systems of tax havens. From there, the chapter considers when a great power like the United States can effect fundamental change in international tax policy and the domestic tax policies of less powerful countries through coercion. It argues that a government reaches great power status if it controls an internal market large enough to reduce its dependence on international trade and investment relative to the government's negotiating partners and uses its regulatory capacity to effectively restrict market access for foreign firms or investors.

A Comparative Study on Perceived Ethics of Tax Evasion: Hong Kong Vs the United States

2007 ◽  
Vol 77 (2) ◽  
pp. 147-158 ◽  
Author(s):  
Robert W. McGee ◽  
Simon S. M. Ho ◽  
Annie Y. S. Li
Keyword(s):  
United States ◽  
Hong Kong ◽  
Comparative Study ◽  
Tax Evasion ◽  
The United States

scholarly journals U.S.‑Swiss Relations in the Context of Swiss Banking Secrecy

Ad Americam ◽  
2015 ◽  
Vol 16 ◽  
pp. 41-58
Author(s):  
Anna Pruska
Keyword(s):  
United States ◽  
World War Ii ◽  
Tax Evasion ◽  
The United States ◽  
World War ◽  
True Nature ◽  
Banking Secrecy ◽  
Legal Standards ◽  
Bilateral Relations ◽  
The U.S

Until World War I, bilateral relations between the United States and Switzerland could be described as rather friendly. Often referred to as ‘sister republics,’ the two countries shared common democratic values and a sense of uniqueness with respect to their republican governments in a world dominated by autocracy. The first serious rupture between the two countries occurred during and in the immediate aftermath of World War II. The major cause of this rupture was the refusal of Switzerland to participate in the Safehaven program, designed to track down and block German assets in neutral countries and later to use them for post‑war reparations. The repercussions of the involvement of Switzerland in the transfer of Nazi gold as well as the safekeeping of German assets had profound consequences for U.S.‑Swiss relations in the 1990s, fueling a conflict over the dormant accounts of holocaust victims. All major disagreements between the United States and Switzerland are connected to the concept of Swiss banking secrecy, which is defined in a most rigorous way compared to international legal standards. The implementation of Swiss banking secrecy as defined in Swiss Banking Law facilitates tax misconduct by foreign nationals. Since 2007, the bilateral relations between Switzerland and the U.S. have been determined by ongoing IRS investigations into the involvement of Swiss banks in aiding U.S. citizens in tax evasion and tax fraud, which is facilitated by the enforcement of stringent bank secrecy laws within the Swiss banking system. The U.S. legal actions against Swiss banks proved that the American government is determined to enforce its laws in Switzerland despite it being a sovereign foreign country. The conflicts with the U.S. over banking secrecy, which, among other findings, unveiled the conduct of the Swiss during World War II, have shed light on the true nature of this phenomenon. Switzerland is struggling to defend the values so fundamental to its banking culture, but at the same time it is forced to succumb to international and especially U.S. pressure and implement various internal and international regulations, which impose a constraint on the practice of banking secrecy.

The Swift Return of Tax Competition

2020 ◽  
pp. 66-81
Author(s):  
Lukas Hakelberg
Keyword(s):  
United States ◽  
International Business ◽  
Tax Evasion ◽  
Tax Competition ◽  
Tax Avoidance ◽  
Bush Administration ◽  
The United States ◽  
Advocacy Groups ◽  
Group Of Seven ◽  
The Us

This chapter demonstrates that the Bush administration was critical of the Organisation for Economic Co-operation and Development's (OECD) harmful tax competition initiative from the outset of the administration's first term and therefore had an open ear for the anti-OECD narrative proposed by libertarian advocacy groups. Despite recurrent exchanges between senior Bush appointees and these lobbyists, however, the US Treasury did not fully embrace their requests. Much to their chagrin, it merely removed the anti-tax avoidance elements from the project, while still providing nominal support to its anti-tax evasion measures. The Bush administration's policy was thus more in line with the position of US multinationals represented by the United States Council for International Business (USCIB) than with the fundamental libertarian critique of tax cooperation in general. The administration's ability to transform this position into actual OECD policy despite being isolated within the Group of Seven (G7) is testimony to US power in international bargaining over tax matters.

scholarly journals Towards Improving South Africa's Legislation On Tax Evasion: A Comparison Of Legislation On Tax Evasion Of The USA, UK, Australia And South Africa

2017 ◽  
Vol 34 (1) ◽  
pp. 151-168
Author(s):  
Ansia Storm ◽  
Katrina Coetzee
Keyword(s):  
United States ◽  
South Africa ◽  
United Kingdom ◽  
Law Enforcement ◽  
Tax Evasion ◽  
United States Of America ◽  
Relevant Literature ◽  
The United States ◽  
Daily Basis ◽  
The Usa

The fight against tax evasion in South Africa is an ongoing battle. The tools available to law enforcement boil down to legislation and the enforcement thereof.  The purpose of the study that was done for this article was to compare available legislation of the United States of America, United Kingdom, Australia and South Africa to determine if South Africa’s legislation can be improved. This was done by studying the relevant literature and legislation of all four countries. The findings, that there is some clauses that can be added to improve South Africa’s legislation, were confirmed by analyzing the legislation available. In theory, the results have proven that although South Africa’s legislation can compete with that of the United States of America, United Kingdom and Australia, there is some improvement that can be considered. This is of value to the individuals and professionals who deal with the offence of tax evasion on a daily basis, ensuring that the reviewed legislation will deter perpetrators or that the charges brought against them in the court of law will ensure harsher punishment.

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