Home > Research . Search . Country . Browse . Small Grants

PSC In The News

RSS Feed icon

Stafford says exiting down stock market worsened position of low-income households

Bailey's work cited on growing income disparities in college enrollment and graduation

Murphy says mobile sensor data will allow adaptive interventions for maximizing healthy outcomes

Highlights

PSC Fall 2014 Newsletter now available

Martha Bailey and Nicolas Duquette win Cole Prize for article on War on Poverty

Michigan's graduate sociology program tied for 4th with Stanford in USN&WR rankings

Jeff Morenoff makes Reuters' Highly Cited Researchers list for 2014

Next Brown Bag

Monday, Nov 3
Melvin Stephens, Estimating Program Benefits

How to Tax Family Firms

a PSC Research Project [ARCHIVE DISPLAY]

Investigator:   Joel Slemrod

We propose to study the special problems posed for taxation by family firms in four steps. First, we will construct a formal model of family firms, stressing their role in overcoming agency problems in a low-trust environment and facilitating tax evasion. Second, we will formalize the problems this business structure poses for tax enforcement and the ways that governments can effectively collect revenue in the presence of such business structures. Third, in the context of the model we will examine what would be the most effective enforcement and collection methods, which we suspect will go beyond traditional instruments such as tax audits and penalties to cover third-party reporting and remittance of revenue by government and large firms and involving the financial sector. Finally, we will outline (but not implement) an empirical project that will test the hypotheses generated by the theoretical modeling, including what data would need to be collected and how it will be analyzed.

Funding Period: 08/21/2009 to 12/31/2011

This PSC Archive record is displayed for historical reference.

Search . Browse