Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/134065
Title: Transaction-tax evasion in the housing market
Author: Montalvo, José G.
Piolatto, Amedeo
Raya Vílchez, José María
Keywords: Frau fiscal
Política de l'habitatge
Corrupció administrativa
Tax Planning
Housing policy
Corruption
Issue Date: 2019
Publisher: Institut d’Economia de Barcelona
Series/Report no: [WP E-IEB19/03]
Abstract: We model the behaviour of a buyer trying to evade the real estate transfer tax. We identify over-appraisal as a key, easily-observable element that is inversely related with tax evasion. We conclude that the tax authority could focus auditing efforts on low appraisal transactions. We include ‘behavioural’ components (shame and stigma) allowing to introduce buyers' (education) and societal (social capital) characteristics that explain individual and idiosyncratic variations. Our empirical analysis confirms the predictions using a unique database, where we directly observe: real payment, value declared to the authority, appraisal, buyers' educational level and local levels of corruption and trust.
Note: Reproducció del document publicat a: http://ieb.ub.edu/wp-content/uploads/2019/03/2019-IEB-WorkingPaper-03.pdf
It is part of: IEB Working Paper 2019/04
URI: http://hdl.handle.net/2445/134065
Appears in Collections:IEB (Institut d’Economia de Barcelona) – Working Papers

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