April 2017

Corporate tax compliance during macroeconomic fluctuations

The study empirically examines the relationship between macroeconomic conditions and corporate tax compliance in the Greek setting where extreme aggregate fluctuations have taken place. Using a sample of 246,867 firm-year observations from 2004 to 2014, the study found strong evidence that there is negative association between economic conditions, as measured by the rate of gross domestic product, and corporate tax...

Author(s): Evangelos Koumanakos, Theodoros Roumelis and Yorgos Goletsis