Guyton, John; Langetieg, Patrick; Reck, Daniel; Risch, Max - National Bureau of Economic Research - 2021
This paper studies tax evasion at the top of the U.S. income distribution using IRS micro-data from (i) random audits … demonstrate empirically that random audits underestimate tax evasion at the top of the income distribution. Specifically, random … audits do not capture most tax evasion through offshore accounts and pass-through businesses, both of which are …