Who generated the loopholes? A case study of corporate tax advisors’ regulatory capture over anti-tax avoidance legislation in Finland
Author
Abstract
Suggested Citation
DOI: 10.2478/ntaxj-2021-0005
Download full text from publisher
References listed on IDEAS
- Kirchler, Erich & Maciejovsky, Boris & Schneider, Friedrich, 2003.
"Everyday representations of tax avoidance, tax evasion, and tax flight: Do legal differences matter?,"
Journal of Economic Psychology, Elsevier, vol. 24(4), pages 535-553, August.
- Kirchler, Erich & Maciejovsky, Boris & Schneider, Friedrich, 2001. "Everyday representations of tax avoidance, tax evasion, and tax flight: Do legal differences matter?," SFB 373 Discussion Papers 2001,43, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Leonard Seabrooke & Duncan Wigan, 2017. "The governance of global wealth chains," Review of International Political Economy, Taylor & Francis Journals, vol. 24(1), pages 1-29, January.
- Deniz Igan & Prachi Mishra, 2014. "Wall Street, Capitol Hill, and K Street: Political Influence and Financial Regulation," Journal of Law and Economics, University of Chicago Press, vol. 57(4), pages 1063-1084.
- Thomas Tørsløv & Ludvig Wier & Gabriel Zucman, 2023.
"The Missing Profits of Nations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 90(3), pages 1499-1534.
- Thomas R. Tørsløv & Ludvig S. Wier & Gabriel Zucman, 2018. "The Missing Profits of Nations," NBER Working Papers 24701, National Bureau of Economic Research, Inc.
- Thomas Torslov & Ludvig Wier & Gabriel Zucman, 2020. "The Missing Profits of Nations," Working Papers halshs-03022293, HAL.
- George J. Stigler, 1971. "The Theory of Economic Regulation," Bell Journal of Economics, The RAND Corporation, vol. 2(1), pages 3-21, Spring.
- Cronin, Julie Anne & Lin, Emily Y. & Power, Laura & Cooper, Michael, 2013. "Distributing the Corporate Income Tax: Revised U.S. Treasury Methodology," National Tax Journal, National Tax Association;National Tax Journal, vol. 66(1), pages 239-262, March.
- Federico Cingano & Paolo Pinotti, 2013.
"Politicians At Work: The Private Returns And Social Costs Of Political Connections,"
Journal of the European Economic Association, European Economic Association, vol. 11(2), pages 433-465, April.
- Federico Cingano & Paolo Pinotti, 2009. "Politicians at work. The private returns and social costs of political connections," Temi di discussione (Economic working papers) 709, Bank of Italy, Economic Research and International Relations Area.
- Thiess Buettner & Michael Overesch & Georg Wamser, 2018.
"Anti profit-shifting rules and foreign direct investment,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 25(3), pages 553-580, June.
- Thiess Büttner & Michael Overesch & Georg Wamser, 2014. "Anti Profit-Shifting Rules and Foreign Direct Investment," CESifo Working Paper Series 4710, CESifo.
- Levine, Michael E & Forrence, Jennifer L, 1990. "Regulatory Capture, Public Interest, and the Public Agenda: Toward a Synthesis," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 6(0), pages 167-198.
- Vitor Gaspar & Laura Jaramillo & Mr. Philippe Wingender, 2016. "Tax Capacity and Growth: Is there a Tipping Point?," IMF Working Papers 2016/234, International Monetary Fund.
- Eitan Goldman & Jörg Rocholl & Jongil So, 2013. "Politically Connected Boards of Directors and The Allocation of Procurement Contracts," Review of Finance, European Finance Association, vol. 17(5), pages 1617-1648.
- Quentin Clair, 2019. "Acceptable levels of tax risk as a metric of corporate tax responsibility: theory, and a survey of practice," Nordic Tax Journal, Sciendo, vol. 2019(1), pages 1-15, January.
- Amore, Mario Daniele & Bennedsen, Morten, 2013. "The value of local political connections in a low-corruption environment," Journal of Financial Economics, Elsevier, vol. 110(2), pages 387-402.
- Knuutinen Reijo, 2014. "Corporate Social Responsibility, Taxation and Aggressive Tax Planning," Nordic Tax Journal, Sciendo, vol. 2014(1), pages 36-75, May.
- Fraser, Nancy, 1998. "Social justice in the age of identity politics: Redistribution, recognition, participation," Discussion Papers, Research Unit: Organization and Employment FS I 98-108, WZB Berlin Social Science Center.
- Prem Sikka, 2008. "Globalization and its discontents," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 21(3), pages 398-426, March.
- Asim Ijaz Khwaja & Atif Mian, 2005. "Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 120(4), pages 1371-1411.
- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(3), pages 371-400.
- Kevin Young, 2012. "Transnational regulatory capture? An empirical examination of the transnational lobbying of the Basel Committee on Banking Supervision," Review of International Political Economy, Taylor & Francis Journals, vol. 19(4), pages 663-688.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andre Diegmann & Laura Pohlan & Andrea Weber, 2025. "Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament," RF Berlin - CReAM Discussion Paper Series 2506, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
- Brugués, Felipe & Brugués, Javier & Giambra, Samuele, 2024. "Political connections and misallocation of procurement contracts: Evidence from Ecuador," Journal of Development Economics, Elsevier, vol. 170(C).
- Michelson, Noam, 2023. "The revolving door of former civil servants and firm value: A comprehensive approach," European Journal of Political Economy, Elsevier, vol. 79(C).
- Tkachenko, Andrey, 2022. "State-business relations and access to external financing," BOFIT Discussion Papers 10/2022, Bank of Finland, Institute for Economies in Transition.
- Elise S. Brezis & Joël Cariolle, 2017.
"Financial Sector Regulation and the Revolving Door in US Commercial Banks,"
Studies in Political Economy, in: Norman Schofield & Gonzalo Caballero (ed.), State, Institutions and Democracy, pages 53-76,
Springer.
- Joël CARIOLLE & Elise S. BREZIS, 2015. "Financial Sector Regulation and the Revolving Door in US Commercial banks," Working Papers P122, FERDI.
- Joël CARIOLLE & Elise S. BREZIS, 2016. "Financial Sector Regulation and the Revolving Door in US Commercial banks," Working Papers P122, FERDI.
- Elise S. Brezis & Joël Cariolle, 2016. "Financial Sector Regulation and the Revolving Door in US Commercial Banks," Working Papers 2016-03, Bar-Ilan University, Department of Economics.
- Nicholas S. Coleman & Ozlem Akin & José-Luis Peydró & Christian Fons-Rosen, 2016. "Political Connections: Evidence From Insider Trading Around TARP," Working Papers 935, Barcelona School of Economics.
- repec:zbw:bofitp:2022_010 is not listed on IDEAS
- Miroslav Palanský, 2021. "The value of political connections in the post-transition period: evidence from Czechia," Public Choice, Springer, vol. 188(1), pages 121-154, July.
- Diegmann, André & Pohlan, Laura & Weber, Andrea, 2024.
"Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament,"
IZA Discussion Papers
17031, Institute of Labor Economics (IZA).
- Diegmann, André & Pohlan, Laura & Weber, Andrea, 2025. "Do politicians affect firm outcomes? Evidence from connections to the German Federal Parliament," IWH Discussion Papers 15/2024, Halle Institute for Economic Research (IWH), revised 2025.
- André Diegmann & Laura Pohlan & Andrea Weber, 2025. "Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament," CESifo Working Paper Series 11691, CESifo.
- Diegmann, Andre & Pohlan, Laura & Weber, Andrea, 2024. "Do Politicians Affect Firm Outcomes? Evidence from Connections to the German Federal Parliament," CEPR Discussion Papers 19119, C.E.P.R. Discussion Papers.
- Diegmann, André & Pohlan, Laura & Weber, Andrea, 2024. "Do politicians affect firm outcomes? Evidence from connections to the German Federal Parliament," ZEW Discussion Papers 24-035, ZEW - Leibniz Centre for European Economic Research.
- Brezis, Elise S., 2017.
"Legal conflicts of interest of the revolving door,"
Journal of Macroeconomics, Elsevier, vol. 52(C), pages 175-188.
- Elise S. Brezis, 2017. "Legal Conflicts of Interest of the Revolving Door," Working Papers 2017-05, Bar-Ilan University, Department of Economics.
- David Schoenherr, 2019. "Political Connections and Allocative Distortions," Journal of Finance, American Finance Association, vol. 74(2), pages 543-586, April.
- Ms. Deniz O Igan & Thomas Lambert, 2019. "Bank Lobbying: Regulatory Capture and Beyond," IMF Working Papers 2019/171, International Monetary Fund.
- Ozlem Akin & Nicholas S. Coleman & Christian Fons‐Rosen & José‐Luis Peydró, 2021.
"Political connections and informed trading: Evidence from TARP,"
Financial Management, Financial Management Association International, vol. 50(3), pages 619-644, September.
- Akin, Ozlem & Coleman, Nicholas S. & Fons-Rosen, Christian & Peydró, José-Luis, 2019. "Political connections and informed trading: Evidence from TARP," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 50(3), pages 619-644.
- Ozlem Akin & Nicholas S. Coleman & Christian Fons-Rosen & José-Luis Peydró, 2016. "Political connections and informed trading: Evidence from TARP," Economics Working Papers 1542, Department of Economics and Business, Universitat Pompeu Fabra, revised Mar 2021.
- Yuping Deng & Yanrui Wu & Helian Xu, 2020.
"Political Connections and Firm Pollution Behaviour: An Empirical Study,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(4), pages 867-898, April.
- Yuping Deng & Yanrui Wu & Helian Xu, 2019. "Political Connections and Firm Pollution Behaviour: An Empirical Study," Economics Discussion / Working Papers 19-15, The University of Western Australia, Department of Economics.
- Barraza, Santiago & Rossi, Martín A & Ruzzier, Christian A, 2022.
"Sleeping with the enemy: The perils of having the government on(the)board,"
Journal of Comparative Economics, Elsevier, vol. 50(3), pages 641-651.
- Santiago Barraza & Martín A. Rossi & Christian A. Ruzzier, 2021. "Sleeping with the Enemy: The Perils of Having the Government On(the)board," Working Papers 149, Universidad de San Andres, Departamento de Economia, revised Dec 2021.
- Elise S. Brezis & Joel Cariolle, 2014. "The Revolving Door Indicator: Estimating the Distortionary Power of the Revolving Door," Working Papers 2014-13, Bar-Ilan University, Department of Economics.
- Child, Travers Barclay & Massoud, Nadia & Schabus, Mario & Zhou, Yifan, 2021. "Surprise election for Trump connections," Journal of Financial Economics, Elsevier, vol. 140(2), pages 676-697.
- Francis,David C. & Kubinec ,Robert, 2022. "Beyond Political Connections : A Measurement Model Approach to Estimating Firm-levelPolitical Influence in 41 Economies," Policy Research Working Paper Series 10119, The World Bank.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2012.
"A Fistful of Dollars: Lobbying and the Financial Crisis,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 26(1), pages 195-230.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2011. "A Fistful of Dollars: Lobbying and the Financial Crisis," NBER Chapters, in: NBER Macroeconomics Annual 2011, Volume 26, pages 195-230, National Bureau of Economic Research, Inc.
- Ms. Deniz O Igan & Mr. Thierry Tressel & Ms. Prachi Mishra, 2009. "A Fistful of Dollars: Lobbying and the Financial Crisis," IMF Working Papers 2009/287, International Monetary Fund.
- Deniz Igan & Prachi Mishra & Thierry Tressel, 2011. "A Fistful of Dollars: Lobbying and the Financial Crisis," NBER Working Papers 17076, National Bureau of Economic Research, Inc.
- Anne-Laure Delatte & Adrien Matray & Noémie Pinardon-Touati, 2020.
"Private Credit Under Political Influence: Evidence from France,"
Working Papers
2020-56, Princeton University. Economics Department..
- Anne-Laure Delatte & Adrien Matray & Noemie Pinardon-Touati, 2020. "Private Credit under Political Influence: Evidence from France," Working Papers 262, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Anne-Laure Delatte & Adrien Matray & Noémie Pinardon-Touati, 2020. "Private Credit under Political Influence: Evidence from France," Working Papers 2020-06, CEPII research center.
- Delatte, Anne-Laure & Matray, Adrien & Pinardon-Touati, Noémie, 2020. "Private Credit under Political Influence: Evidence from France," CEPR Discussion Papers 14409, C.E.P.R. Discussion Papers.
- Zingales, Luigi & Faccio, Mara, 2017.
"Political Determinants of Competition in the Mobile Telecommunication Industry,"
CEPR Discussion Papers
11794, C.E.P.R. Discussion Papers.
- Mara Faccio & Luigi Zingales, 2017. "Political Determinants of Competition in the Mobile Telecommunication Industry," NBER Working Papers 23041, National Bureau of Economic Research, Inc.
More about this item
Keywords
Tax avoidance; thin capitalization; regulatory capture; anti-tax avoidance;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:notajo:v:2022:y:2022:i:1:p:1-26:n:3. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.