Informality is a wide-spread phenomenon across the globe. We show that firms in countries with better information sharing systems and greater financial sector outreach evade taxes to a lesser degree, an effect that is stronger for smaller firms, firms in smaller cities and towns, and firms in...

Tax evasion is a wide-spread phenomenon across the globe and even an important factor of the ongoing sovereign debt crisis. We show that firms in countries with better credit information sharing systems and higher branch penetration evade taxes to a lesser degree. This effect is stronger for...

The objective of this paper was to establish challenges and benefits on formalisation in South Africa using a qualitative approach. To meet the objective, 15 interviews were carried out with owners of small businesses that had just formalized in Johannesburg and Pretoria. This study contributes...