Sunday, April 13, 2014

ScienceDaily: Markets and Finance News

ScienceDaily: Markets and Finance News


How widespread is tax evasion? Cost of 'round-tripping,' a method investors use to avoid the tax collector

Posted: 10 Apr 2014 11:19 AM PDT

Tax evasion is widely assumed to be an eternal problem for governments -- but how widespread is it? For the first time, a new study has put a cost on a particular kind of tax evasion, known as "round-tripping," that the U.S. government has been trying to thwart.

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