Renouf Publishing Co. Ltd.
embedded image
Renouf
Online Bookstore

ABOUT SSL CERTIFICATES

 
Quick Search
for: 
in 
 
Advanced search
F.A.Q.
Featured books
New in print
Best Sellers
President's picks

Shopping cart/Checkout  [0]
Sign-up for eUpdates
VAT Notches, Voluntary Registration, and Bunching
Theory and UK Evidence

by Li Liu, Ben Lockwood, Miguel Almunia, and Eddy H.F. Tam

Series:Working Paper No. 19/205
ISBN 9781513513812
Code: #WPIEA2019205

Publication year: 2019

Cdn: $27.00; US: $25.00
Paperback
Language: English
78 pages
Add to cart
Using administrative tax records for UK businesses, we document both bunching in annual turnover below the VAT registration threshold and persistent voluntary registration by almost half of the firms below the threshold. We develop a conceptual framework that can simultaneously explain these two apparently conflicting facts. The framework also predicts that higher intermediate input shares, lower product-market competition and a lower share of business to consumer (B2C) sales lead to voluntary registration. The predictions are exactly the opposite for bunching. We test the theory using linked VAT and corporation tax records from 2004-2014, finding empirical support for these predictions.
VAT Notches, Voluntary Registration, and Bunching
Cdn: $27.00; US: $25.00
International Monetary Fund (IMF) BookID: 126012 Added: 2019.10.7