Skatteforsk invites you to a seminar with Mickael Sixdenier, who will present new research on the local effects of global tax transparency initiatives. The talk will take place on 9 October, 11:15–12:00, in Room T316.
If you are unable to join us at NMBU, you can follow the seminar online through this link.
Title: Local Effect of Global Tax Transparency
Authors: Elisa Casi-Eberhard, Rebecca Lester, Barbara Stage
Abstract:
We examine the unintended domestic consequences of the Foreign Account Tax Compliance Act (FATCA), a U.S.-led global tax transparency initiative, in the context of a non-haven economy. Drawing on detailed micro-level data on Norwegian Financial Institutions and their customers, we study both compliance costs and behavioral responses following the introduction of Automatic Exchange of Information (AEoI). At the institutional level, FATCA is associated with increases in operating costs for Financial Institutions facing additional reporting requirements, though these do not appear to translate into measurable changes in perfomance measures. At the customer level, U.S. citizens residing in Norway face systematically tighter credit conditions relative to Norwegian residents, pointing to constraints in both debt access and deposit activity.
Practical Information:
- Date & Time: 9 October, 11:15–12:00
- Room: T316
- Speaker: Mickael Sixdenier
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