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Tax Losses due to Shadow Economy Activities in OECD Countries from 2011 to 2013: A preliminary calculation

Turkish Economic Review

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Title Tax Losses due to Shadow Economy Activities in OECD Countries from 2011 to 2013: A preliminary calculation
 
Creator SCHNEIDER, Friedrich; Department of Economics, Johannes Kepler University of Linz, Altenberger Strasse 69, A-4040 Linz-Auhof, Austria. Phone: +43-732-2468-7340, Fax: +43-732-2468-7341, E-mail: friedrich.schneider@jku.at, www.econ.jku.at/Schneider
 
Subject Tax losses; Shadow economy; Tax and social security contribution burden.
E26; H26; K42; O17.
 
Description Abstract. In this short paper an attempt is undertaken to calculate the tax losses which result from shadow economy activities in a country. These calculations are done for the 28 EU countries, for 3 non-EU countries and for 2 other highly-developed OECD countries. The total tax losses over all 28 EU-countries make up 450.8 billion euros or 3.6% of EU-28-GDP in 2011. In 2012 it were 457.3 billion euros or 3.5% of EU-28-GDP and in 2013 454.2 billion euros or 3.4% of EU-28-GDP. For the whole country sample used in this paper the tax losses amounted to 698.7 billion euros or 2.4% of GDP of these 33 countries in 2011. In 2012 the value of tax losses was 737.2 billion euros or 2.3% of GDP and in 2013 it was 713.1 billion euros or also 2.3% of total GDP of these 33 countries.Keywords. Tax losses, Shadow economy, Tax and social security contribution burden.JEL. E26, H26, K42, O17.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor
 
Date 2016-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/686
10.1453/ter.v3i1.686
 
Source Turkish Economic Review; Vol 3, No 1 (2016): March; 1-15
Turkish Economic Review; Vol 3, No 1 (2016): March; 1-15
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/686/720
http://www.kspjournals.org/index.php/TER/article/downloadSuppFile/686/278
 
Rights Copyright (c) 2016 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0