Using data for Italy, I show that cash thresholds that forbid the use of cash for big transactions are effective tools to reduce cash income and cash circulation. Less cash income, in turn, hinders tax evasion. I propose an estimate of the increase in tax revenue implied by the empirically estimated reduction of cash income determined by the thresholds.
Cash Thresholds, Cash Expenditure and Tax Evasion / Russo, FRANCESCO FLAVIANO. - In: FISCAL STUDIES. - ISSN 1475-5890. - 43:4(2022), pp. 387-403. [10.1111/1475-5890.12311]
Cash Thresholds, Cash Expenditure and Tax Evasion
Francesco Flaviano Russo
Primo
2022
Abstract
Using data for Italy, I show that cash thresholds that forbid the use of cash for big transactions are effective tools to reduce cash income and cash circulation. Less cash income, in turn, hinders tax evasion. I propose an estimate of the increase in tax revenue implied by the empirically estimated reduction of cash income determined by the thresholds.File in questo prodotto:
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