Date of Award

5-2015

Document Type

Honors Thesis

Degree Name

Bachelor of Arts

Department

Accounting

Advisor/Committee Chair

Raymond Van Ness

Abstract

This study identifies, highlights and approaches the economic impact imposed by tax evasion. Tax evasion is overlooked as a common matter, but the economic consequences of not alleviating evasion can be deadly. This paper utilizes a collection of research to define tax evasion. From the literature it will provide a history of income taxation in the United States as it relates to tax evasion. The effect of tax havens have on the amount of tax evasion is approached according to literature. Specific cases of evasion are mentioned to further evaluate the effect of tax evasion on the United States economy. An explanation of why tax evasion is a concern for citizens of the United States is discussed. The findings suggest a negative economic impact of tax evasion being ignored. Solutions are presented that will aid our country in neutralizing this impact.

Included in

Accounting Commons

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