a r t i c l e i n f o A large part of government revenues in Russia comes from royalties and export taxes on crude oil, oil products, and gas. Recently, the Russian government has considered reducing export taxes on crude oil and oil products compensated by an increase in the royalty on crude oil. The objective of the paper is to analyse the economy-wide effects of this proposal. Moreover, a hy...

While corporate tax rates in OECD countries declined over the last decades, revenues from taxation relative to gross domestic product (GDP) remained remarkably stable. This paper uses a comprehensive firm-level data set analyze this rate-revenue puzzle taxation. Focusing on period 1995–2016, we show that reduction was counterbalanced by pronounced increase profits. We decompose rise profits int...

The genome of avian leukemia virus E26 shares homology with v-myb, the oncogene of avian myeloblastosis virus, and encodes a protein with an Mr of 135,000. Analyses of tryptic oligopeptides show that this protein is related to the proteins encoded by gag (Pr76gag) as well as v-myb (p45v-myb[AMV] ) and c-myb (p75c-myb). We found no evidence for the existence of additional myb-related proteins or...

There is a widely held perception that fundamental tax reform would reduce the level of criminal and other “underground” economic activity. The popular argument relies on the idea that replacing the income tax with a sales tax would implicitly tax the return to criminal activity, whereas the return to crime is effectively untaxed by an income tax. This paper finds instead that the impact of tax...

The Beckerian approach to tax compliance examines how a tax authority can maximize social welfare by trading-off audit probability against the fine rate on undeclared tax. This paper offers an alternative examination of the privately optimal behavior of a tax authority tasked by government to maximize expected revenue. The tax authority is able to trade-off audit probability against audit effec...

The article summarizes the world's experience in development of industrial parks and highlights benefits their operation for economy Ukraine. It is established that park unites various enterprises different spheres activity production innovative, ecologically pure, highly profitable, competitive both domestic world market. Great Britain, Germany, Turkey, USA, China other countries devel-opment ...

We propose a model consistent with two observations. First, the tax rates adopted by di§erent countries are generally uncorrelated with their growth performance. Second, countries that drastically reduce private incentives to invest, severely hurt their growth performance. In our model, the e§ects of taxation on growth are highly non-linear. Low or moderate tax rates have a very small impact on...

Proposals to substantially reduce or eliminate the state income tax and replace the lost revenue through a higher sales tax rate, an expanded sales tax base, or some combination of the two, are being considered in a dozen states, specifically Georgia, Hawaii, Idaho, Kansas, Louisiana, Missouri, Nebraska, New Jersey, Ohio, Oklahoma, Oregon and South Carolina (Hamilton 2012). While no state has f...

“Workforce or Workfare? The Optimal Use of Work Requirements when Labor is Supplied along the Extensive Margin” by Craig Brett and Laurence Jacquet This paper explores the use of workfare as part of a tax mix when labor supply responses are along the extensive margin. In an economy where the government has a priori chosen any tax-and-benefit schedule, we show that, despite their common goal of ...

Shifting of income between the corporate and the personal income tax bases in response to tax incentives is the premise of the literature on taxation and organizational form. Empirical evidence of income shifting is, however, merely circumstantial. Using a unique panel of highfrequency VAT data from Israel, we trace the footprints of income-shifting through incorporation by high-income individu...