Tax Havens, Tax Evasion and Tax Information Exchange Agreements in the OECD
利用外国证券投资数据，研究发现税负越重，OECD居民越倾向于通过避税天堂逃税，而税收信息交换协议对减少逃税作用有限。
Abstract Using data on Foreign Portfolio Investment (FPI), we find a positive relationship between higher tax burden and OECD residents’ tax evasion, especially via tax havens. Contrary to established investor preference for certain country characteristics, we find they are less important to tax evaders who value privacy and want to remain undetected by their home tax authorities. We find very limited evidence that OECD Tax Information Exchange Agreements (TIEAS) reduce tax evasion, controlling for other determinants of overall OECD FPI. Without the US in the OECD sample, tax havens play a lesser role and OECD policies appear to make a marginal impact.