the effects that local sales taxes have on Internet commerce. The results show that, controlling for many observable … estimated tax responsiveness of both participation and spending are large and resemble the tax effects found in previous … suggesting even larger effects …

In this paper we evaluate the incidence of a large cut in value-added taxes (VAT) for French sit-down restaurants. In …

plausibly exogenous VAT changes, we show that prices respond twice as much to VAT increases than to VAT decreases. Second, we … profit margins are more likely to respond asymmetrically to the VAT changes than firms operating with high profit margins …. Fourth, this asymmetry persists several years after the VAT changes take place. Fifth, using all VAT changes in the European …

We analyze the dynamic macroeconomic effects of border adjustment taxes, both when they are a feature of corporate tax … reform (C-BAT) and for the case of value added taxes (VAT). Our analysis arrives at the following main conclusions. First, C … basis for neutrality of VAT is even weaker. Second, in response to the introduction of an unanticipated permanent C-BAT of …

, other effects such as customer composition and attention lead to an even larger tax elasticity during recessions, despite …

Added Tax [VAT]. We consider the case where the collection efficiency is determined by the probability of audit and by the …. Defining the collection efficiency of the VAT as the ratio of the VAT revenue to aggregate consumption divided by the standard … VAT rate, we evaluate the evidence on VAT collection efficiency in a panel of 44 countries over 1970-99. The results are …

well-being, a VAT looks quite regressive. However, the results change significantly when the analysis is done using … lifetime income. Using two different measures of lifetime income, we find that a VAT in the United States would be proportional …

from high rate narrow based (typically manufactures) taxes to broad based taxes (including services) such as a VAT. We … able to provide numerical examples of welfare worsening VAT base broadening, which expands the tax base from market based … exist. We show that the usual presumption that there are welfare benefits from equal yield VAT base broadening breaks down …

taxes have first-order (large) effects on social welfare and government revenue. Using this theoretical framework, we …