Sound taxation? On the use of self-declared value

In the 16th century, foreign ships passing through the Sound had to pay ad valorem taxes, known as the Sound Dues. To give skippers an incentive to declare the true value of their cargo, the Danish Crown reserved the right to purchase it at the declared value. We show that this rule does not induce truth-telling, but does allow the authorities to effectively implement a given tax rate.

MoreLess

Year of publication:	2012
Authors:	Haan, Marco A. ; Heijnen, Pim ; Schoonbeek, Lambert ; Toolsema, Linda A.
Published in:	European Economic Review. - Elsevier, ISSN 0014-2921. - Vol. 56.2012, 2, p. 205-215
Publisher:	Elsevier
Subject:	Signaling \| Taxation

More details

Type of publication:	Article
Classification:	C72 - Noncooperative Games ; H21 - Efficiency; Optimal Taxation ; N7 - Transport, International and Domestic Trade, Energy and Other Services
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010573242