Tax evasion has been an important issue in the accounting literature for several decades, but the focus has been on corporate income taxes. We develop a new way to examine tax evasion that focuses on corporate transactions, rather than corporate profits. Specifically, we examine how commodity...

Technological advances have impacted the sales tax more than any other tax imposed in the U.S. Technology creates new problems and sales tax evasion and avoidance opportunities, but also may provide business and governments with the tools to solve them. We discuss how technological developments...

This paper provides an economic evaluation of the state corporate income tax (CIT) in an open economy environment characterized by highly mobile capital. We find little economic justification for the state CIT, but recognize that it is not likely to be replaced in the foreseeable future. The...

States’ ability to collect taxes on business, and particularly on interstate business activity, appears to be diminishing. This should not be a surprising outcome since economists have for many years recognized the difficulties for sub-national governments to collect taxes on mobile activities...