Volume 5, No. 1, April 2006

 

Tax Evasion and Monopoly Output Decisions Revisited:

Strategic Firm Behavior

Sang-Ho Lee
Department of Economics, Chonnam National University, Korea
Abstract
This note reexamines the model of tax evasion of the monopolistic firm with profit taxes by incorporating the firm's strategic behavior for tax avoidance. It is shown that under certain conditions, the monopolist's decisions on output and expenditure are no longer separable from the evasion decision and there is a trade-off between production efficiency and cost efficiency. We then derive the optimal profit tax rate to investigate some properties of profit taxation.
Key words: tax evasion; strategic expenditure; optimal profit taxation
JEL classification: D8; H26

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