Corporate Taxation and Evasion Responses: Evidence from a Minimum Tax in Honduras
利用洪都拉斯企业纳税数据，研究最低所得税如何影响企业行为，发现大公司在利润税下虚报成本，而收入税导致报告收入大幅下降，第三方信息能减弱这一效应。
We study corporate responses to a minimum income tax, using the universe of corporate tax filings in Honduras. The policy design allows us to separately estimate cost misreporting under profit taxation and the elasticity of reported revenue. Large corporations overreport true costs when taxed on profits. Taxing revenue leads to a substantial decrease in reported revenues: we estimate an elasticity in the range 0.35–1. The elasticity of revenue is attenuated when third-party information on the revenue of firms is available, suggesting misreporting plays an important role. Our results inform trade-offs when broadening tax bases to curb evasion.