How Long to Read Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion

How Long Does it Take to Read Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion?

It takes the average reader and 32 minutes to read Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion by Sebastian Beer

Assuming a reading speed of 250 words per minute. Learn more

Description

We analyze the impact of exchange of information in tax matters in reducing international tax evasion between 1995 and 2018. Based on bilateral deposit data for 39 reporting countries and more than 200 counterparty jurisdictions, we find that recent automatic exchange of information frameworks reduced foreign-owned deposits in offshore jurisdictions by an average of 25 percent. This effect is statistically significant and, as expected, much larger than the effect of information exchange upon request, which is not significant. Furthermore, to test the sensitivity of our findings, we estimate countries’ offshore status and the impact of information exchange simultaneously using a finite mixture model. The results confirm that automatic (and not upon request) exchange of information impacts cross-border deposits in offshore jurisdictions, which are characterized by low income tax rates and strong financial secrecy.

How long is Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion?

Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion by Sebastian Beer is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion aloud.

What Reading Level is Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion?

Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion?

Hidden Treasure: The Impact of Automatic Exchange of Information on Cross-Border Tax Evasion by Sebastian Beer is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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