Transaction-tax evasion in the housing market

José G. Montalvo, Amedeo Piolatto and Josep Raya

Regional Science and Urban Economics, 2020, vol. 81, issue C

Abstract: We model the behaviour of a mortgagor considering to evade the real estate transfer tax. We build an observable measure of over-appraisal that is inversely related to tax evasion and conclude that the tax authority could focus auditing efforts on low-appraisal transactions.

Keywords: Transfer tax; Tax evasion; Housing market; Mortgage; Appraisal; Loan-to-value; Tax-morale (search for similar items in EconPapers)
JEL-codes: G21 H26 R21 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0166046219302650
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Transaction-tax Evasion in the Housing Market (2019)
Working Paper: Transaction-tax evasion in the housing market (2019)
Working Paper: Transaction-tax evasion in the housing market (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:81:y:2020:i:c:s0166046219302650

DOI: 10.1016/j.regsciurbeco.2020.103526

Access Statistics for this article

Regional Science and Urban Economics is currently edited by D.P McMillen and Y. Zenou

More articles in Regional Science and Urban Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().