Carrillo, Paul E.; Emran, M. Shahe; Aparicio, Gabriela - Institute for International Economic Policy (IIEP), … - 2011
This paper takes advantage of a rich firm level data set from Ecuador to analyze the effects of a reform in 2007 that introduced imprisonment for tax evasion and made a firm’s CFO liable for tax-crimes. Our dataset contains actual tax-return and financial-statement information for the universe...