30. januar 2013

Niels Johannesen får optaget forskningsartikel i American Economic Journal: Economic Policy

"During the financial crisis, G20 countries compelled tax havens to sign bilateral treaties providing for exchange of bank information. Policymakers have celebrated this global initiative as the end of bank secrecy. In an article accepted for publication by the American Economic Journal: Economic Policy, Niels Johannesen and coauthor Gabriel Zucman from Paris School of Economics assess how the treaties affected bank deposits in tax havens. Rather than repatriating funds, the results suggest that tax evaders shifted deposits to havens not covered by a treaty with their home country. The crackdown thus caused a relocation of deposits at the benefit of the least compliant havens."