Do women and men behave differently when confronted with taxes? Various studies around the world show that women are more likely than men to pay their taxes, presumably because they are more risk-averse and have greater tax morale, the intrinsic motivation to pay taxes. If that is so, authorities might want to adjust their strategies to take into account gender when trying to … [Read more...] about When It Comes to Taxes, Gender Matters
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The Pros and Cons of Simplified Tax Notices and Amnesties
Latin America needs to increase its rate of tax collection. With budgets tight and capital spending meager, the region can't tolerate rates of evasion for personal and corporate income taxes of up to 50% in many countries. Moreover, in a region already very unequal, tax evasion tends to increase inequality. But the challenges of improving tax collection are immense. Apart … [Read more...] about The Pros and Cons of Simplified Tax Notices and Amnesties
Behavioral Interventions on One Tax Can Boost Compliance Across the Board
Can interventions from behavioral economics get people to pay their taxes? It is a question of the greatest urgency in Latin America and the Caribbean where evasion of personal and corporate income taxes reaches as high as 50% in many countries, with significant impact on their scope of options. The short answer is that behavioral interventions can be crucial. As has been … [Read more...] about Behavioral Interventions on One Tax Can Boost Compliance Across the Board