Information Reporting and Tax Compliance

2020 ◽  
Vol 110 ◽  
pp. 162-166
Author(s):  
Bibek Adhikari ◽  
James Alm ◽  
Timothy F. Harris
Keyword(s):  
Credit Cards ◽  
Tax Compliance ◽  
Business Reporting ◽  
Information Reporting ◽  
The Us ◽  
Different Types ◽  
New Form ◽  
New Evidence ◽  
Role Of Information

Ensuring tax compliance is an enduring problem for governments in all countries. In this paper, we examine the role of information reporting in increasing tax compliance. We first discuss the practice of information reporting in the US, including a recent IRS initiative that implemented information reporting for income received through debit and credit cards via the new Form 1099-K. We then review the literature on the compliance effects of information reporting. Finally, we report some new evidence that indicates that Form 1099-K information reporting had significant--but heterogeneous--impacts on compliance rates of different types of business reporting.

The influence of information relevance on the continued influence effect of misinformation

2020 ◽  
Author(s):  
Hua Jin ◽  
Lina Jia ◽  
Xiaojuan Yin ◽  
Shilin Wei ◽  
Guiping Xu
Keyword(s):  
Experimental Study ◽  
Questionnaire Survey ◽  
Personal Involvement ◽  
Influence Effect ◽  
Information Relevance ◽  
Different Types ◽  
Role Of Information

Misinformation often continues to influence people’s cognition even after corrected (the ‘continued influence effect of misinformation’, the CIEM). This study investigated the role of information relevance in the CIEM by questionnaire survey and experimental study. The results showed that information with higher relevance to the individuals had a larger CIEM, indicating a role of information relevance in the CIEM. Personal involvement might explain the effects of information relevance on the CIEM. This study provides insightful clues for reducing the CIEM in different types of misinformation and misinformation with varying relevance.

Mindset predicts consumer variety seeking through learning goal orientation: The role of susceptibility to interpersonal influence

2021 ◽  
Vol 49 (6) ◽  
pp. 1-11
Author(s):  
Jiqiang Li ◽  
Lining Sun
Keyword(s):  
Goal Orientation ◽  
Learning Goals ◽  
Interpersonal Influence ◽  
Variety Seeking ◽  
Learning Goal ◽  
Learning Goal Orientation ◽  
The Us ◽  
Susceptibility To Interpersonal Influence ◽  
New Evidence

We examined how people's belief that human traits are either malleable or fixed—that is, mindset—can shape consumers' variety seeking through learning goal orientation. We also tested the moderating effect of susceptibility to interpersonal influence in the mindset–variety seeking relationship. Participants were 364 adults in the US, who completed a survey on mindset, variety seeking, learning goals, and susceptibility to interpersonal influence. Results show that consumers with a growth (vs. fixed) mindset were more likely to engage in variety seeking as they were more motivated by learning goals. This relationship was more evident when they cared less (vs. more) about others' approval. These findings offer new evidence for how mindset is related to consumption tendencies, provide insight into the conditions under which these relationships are stronger or weaker, and suggest that practitioners should pay more attention to mindset when they are developing marketing strategies.

“Momma's Got the Pill”: How Anthony Comstock and Griswold v. Connecticut Shaped US Childbearing

2010 ◽  
Vol 100 (1) ◽  
pp. 98-129 ◽  
Author(s):  
Martha J Bailey
Keyword(s):  
Marital Fertility ◽  
Demographic History ◽  
Fertility Rates ◽  
New Era ◽  
The Us ◽  
Considerable Debate ◽  
Lower Fertility ◽  
The 1960S ◽  
New Evidence

The 1960s ushered in a new era in US demographic history characterized by significantly lower fertility rates and smaller family sizes. What catalyzed these changes remains a matter of considerable debate. This paper exploits idiosyncratic variation in the language of “Comstock” statutes, enacted in the late 1800s, to quantify the role of the birth control pill in this transition. Almost 50 years after the contraceptive pill appeared on the US market, this analysis provides new evidence that it accelerated the post-1960 decline in marital fertility. (JEL J12, J13, K10, N31, N32)

scholarly journals Modeling the Revolving Revolution: The Debt Collection Channel

2017 ◽  
Vol 107 (3) ◽  
pp. 897-930 ◽  
Author(s):  
Lukasz A. Drozd ◽  
Ricardo Serrano-Padial
Keyword(s):  
Information Technology ◽  
Private Information ◽  
Credit Cards ◽  
Consumer Debt ◽  
Widespread Adoption ◽  
Debt Collection ◽  
Role Of Information

We investigate the role of information technology (IT) in the collection of delinquent consumer debt. We argue that the widespread adoption of IT by the debt collection industry in the 1990s contributed to the observed expansion of unsecured risky lending such as credit cards. Our model stresses the importance of delinquency and private information about borrower solvency. The prevalence of delinquency implies that the costs of debt collection must be borne by lenders to sustain incentives to repay debt. IT mitigates informational asymmetries, allowing lenders to concentrate collection efforts on delinquent borrowers who are more likely to repay. (JEL D14, D82, G21, L84, M15, O33)

scholarly journals Humans Against Virus or Humans Against Humans: A Game Theory Approach to the COVID-19 Pandemic

2021 ◽  
Author(s):  
Santiago Forero-Alvarado ◽  
Nicolás Moreno-Arias ◽  
Juan J. Ospina-Tejeiro
Keyword(s):  
Game Theory ◽  
Private Information ◽  
Health Economy ◽  
Theory Approach ◽  
Welfare Losses ◽  
Key Characteristics ◽  
The Us ◽  
Containment Measures ◽  
Role Of Information

Externalities and private information are key characteristics of an epidemic like the Covid-19 pandemic. We study the welfare costs stemming from the incomplete information environment that these characteristics foster. We develop a framework that embeds a game theory approach into a macro SIR model to analyze the role of information in determining the extent of the health-economy trade-off of a pandemic. We apply the model to the Covid-19 epidemic in the US and find that the costs of keeping health information private are between USD $5.9$ trillion and USD $6.7$ trillion. We then find an optimal policy of disclosure and divulgation that, combined with testing and containment measures, can improve welfare. Since it is private information about individuals' health what produces the greatest welfare losses, finding ways to make such information known as precisely as possible, would result in significantly fewer deaths and significantly higher economic activity.

scholarly journals FATCA from the European Union perspective

2013 ◽  
Vol 2 (3) ◽  
pp. 7-13 ◽  
Author(s):  
Alicja Brodzka
Keyword(s):  
Financial Institutions ◽  
Tax Evasion ◽  
Tax Compliance ◽  
Internal Revenue Service ◽  
Due Diligence ◽  
The European Union ◽  
Eu Member States ◽  
Cross Border ◽  
Information Reporting ◽  
The Us

The Foreign Account Tax Compliance Act requires foreign financial institutions to report to the US Internal Revenue Service the information about financial accounts held by US taxpayers, or by foreign entities in which US taxpayers hold a substantial ownership interest. This aim of FATCA, which is to increase the ability of the American tax authorities to combat cross-border tax evasion by US persons, is reasonable. However, it imposes burdensome due-diligence, information reporting and withholding obligations on all foreign (non-US) financial institutions. It also raises legal concerns – notably data protection issues. The article analyses the main issues connected with FATCA, presents the pro and contra opinions, and looks at the reaction of EU Member States at the announcement of American provisions.

scholarly journals Aware Migrants: The role of information campaigns in the management of migration

2019 ◽  
Vol 34 (6) ◽  
pp. 629-640 ◽  
Author(s):  
Pierluigi Musarò
Keyword(s):  
Specific Information ◽  
Information Campaign ◽  
Information Campaigns ◽  
Italian Government ◽  
Starting Point ◽  
The Us ◽  
The Difference ◽  
And Control ◽  
Role Of Information

Taking as a starting point studies on the biopolitics of bordering, as well as media studies, this article explores how information campaigns deter potential migrants and refugees from leaving their countries depict them in very specific ways, operating as ‘new bordering practices’ that are in conjunction with extraterritorial border policies. This article probes this question through the example of a specific information campaign – Aware Migrants (2016) – funded by the Italian Government and managed by International Organization for Migration (IOM) to dissuade potential newcomers from attempting the journey across the Mediterranean Sea. As the analysis of Aware Migrants makes clear, it contributes to normalizing a transnational imaginary into a militarized borderscape comprising places of violence and death, exploitation and detention, which is part of the complex dichotomies of care and control, proper of contemporary border regimes. Finally, the article sheds light on how these symbolic bordering practices contribute to nurturing a ‘compassionate repression’ that increasingly and silently legitimizes the difference between the ‘us’ (the figure of the citizen) and the ‘them’ (the figure of the foreigner).

scholarly journals Semantic representation of abstract and concrete words: a minireview of neural evidence

2019 ◽  
Vol 121 (5) ◽  
pp. 1585-1587 ◽  
Author(s):  
Maria Montefinese
Keyword(s):  
Semantic Network ◽  
Semantic Representation ◽  
Different Types ◽  
Neural Underpinnings ◽  
Types Of Information ◽  
Concrete Concepts ◽  
New Evidence ◽  
Organizational Principles ◽  
Concrete Words

Evidence from both behavioral and neuropsychological studies suggest that different types of organizational principles govern semantic representations of abstract and concrete words. The reviewed neuroimaging studies provide new evidence about the role of brain areas of the semantic network involved in the encoding of some types of information during processing of abstract and concrete concepts, better characterizing the neural underpinnings and the organizational principles of semantic representation of these types of word.

Sign in / Sign up

Export Citation Format

Share Document