Inicio / Eventos / Seminario CEDE - Juliana Londoño

Seminario CEDE - Juliana Londoño

  • SeminarioCEDE-16-10-2020-Juliana-Londono.jpg
Universidad de los Andes
Fecha: 16 de Octubre de 2020
Hora: De 10:00 am hasta 11:30 am

This paper investigates the feasibility of wealth taxation in developing countries. It usesrich administrative data from Colombia and leverages a government-designed program forvoluntary disclosures of hidden wealth, as well as the threat of detection triggered by thePanama Papers leak. There are two key findings. First, there is substantial (primarily offshore)evasion: two-fifths of the wealthiest 0.01% evade taxes, with these evaders concealing one-third of their wealth offshore. Second, strengthening enforcement can have a significantimpact on wealth tax compliance, tax revenue, and progressivity. These results highlightboth challenges and opportunities for wealth taxation in the developing world.

Ver documento

Lugar: Webex