Stanley Gyoshev

Academic, Connector, Entrepreneur, Academic, Connector, Entrepreneur, Academic, Connector, Entrepreneur, …

[Stanley Gyoshev @gyoshev]

E-invoicing, tax audits and VAT compliance: Insights from Rwanda’s digital transformation https://t.co/WLeafUsbco

[Panagiotis Karavitis @pkarav01]

@KotsogiannisC @EconTester @gyoshev Very interesting study! Thanks for sharing @KotsogiannisC!

[Christos Kotsogiannis @KotsogiannisC]

Colleagues who might be interested (I am sure I miss many more...) @mick_keen @Ben_Lockwood_57 @mazharwaxim @DavidRAgrawal @miguel_almunia @AnneBrockmeyer @JudithFreedman @DanNeidle @delaFeriaR @LVSalvadori @arunadvaniecon @AngelosAlexop [10/10]

[Christos Kotsogiannis @KotsogiannisC]

There are more results in the paper, which can be found here https://t.co/bKqmERlIIS [9/10]

[Christos Kotsogiannis @KotsogiannisC]

Using VAT ledger data, which allow us to observe all transactions made by registered firms, paper finds that audited VAT unregistered firms, once VAT registered, trade more with VAT registered (some 'sorting' but not a perfect one). [8/10]

[Christos Kotsogiannis @KotsogiannisC]

Data on operational audits show that concealment of sales from the tax authority is an important driver in reporting behaviour, but does not explain all behaviour, suggesting real responses are an important factor. [7/10]

[Christos Kotsogiannis @KotsogiannisC]

Splitting up of business into small business enterprises corresponds to a revenue but not a production loss. [6/10]

[Christos Kotsogiannis @KotsogiannisC]

This suggests that the presence of the VAT registration threshold causes splitting....it is distorting the organizational structure of firms; with approximately 25 percent of all unregistered firms near the threshold reorganising their production to stay below the VAT. [5/10]

[Christos Kotsogiannis @KotsogiannisC]

...by an owner who owns at least one other firm with turnover below the threshold (and in the same sector of business). [4/10]

[Christos Kotsogiannis @KotsogiannisC]

Using tax administrative data, papers finds that Bulgarian firms are highly sensitive to the VAT threshold (at 50,000 BGN), with a standard excess mass of 3 which corresponds to 2 percent of all VAT unregistered firms. [2/10]

[Christos Kotsogiannis @KotsogiannisC]

Data allow linking of information on VAT trading partners, tax audits, and common ownership of firms through the corporate income tax returns. Using this great data....paper finds that there is a high probability that a firm below the VAT registration threshold is owned...[3/10]

[Christos Kotsogiannis @KotsogiannisC]

New paper on how firms respond to #VAT #threshold w/@EconTester @gyoshev and pavkov.

Paper investigates how firms respond to the #VAT #threshold focusing on the distinction between real responses and responses driven by #evasion/#avoidance [1/10]

[Ivan Manev @IMManev]

„Силата ни да господарстваме над собствения си живот е неограничена, но е в същото време и пряко обвързана с благосъстоянието на останалите в нашето обкръжение,“ пише в есето си Габриела Панова, ученичка в Американския Колеж в София, победител в конкурса Дракон.

[Alex Selby-Boothroyd @AlexSelbyB]

(just in case you never guessed)
https://t.co/BwcbmLFQPy

[Alex Selby-Boothroyd @AlexSelbyB]

You'll never guess the revenue threshold for paying VAT

[Stanley Gyoshev @gyoshev]

Why Google Scholar is not working? ⁦@googlescholar_⁩

The question I’ll be asking my students today will be: What’s the best derivatives instrument to short Google? https://t.co/axuGdHqBqe

[Stanley Gyoshev @gyoshev]

We are delighted to share details of a C4BG-Sofia-University-TARC event dedicated to ‘Perspectives on Tax Policy’ with @S_Stantcheva on April 6, 2023 11:00 – 13:00 EST. For link please email me at [email protected] @KotsogiannisC @lubomirlitov @SGoleminova @TARC2013

[Stanley Gyoshev @gyoshev]

@dollarsanddata WRONG!!! If you are very smart or moderately lucky and invested at the right time at Google, Apple, Amazon or bitcoins 1000 you would be multimillionaire now!!

[Leah Culver @leahculver]

My financial advisor told me about a client who became very wealthy in tech. They owned several homes, married and had children, traveled all over the world, and bought expensive things. When asked what made them happiest, they replied, “Sitting in a quiet room writing code.”

[Stanley Gyoshev @gyoshev]

Wednesday, June 24: Super TARC seminar on ML Machine Learning for Detecting Fraudulent Transactions in Taxpayer Networks https://t.co/fIvdWE1Ae6
#ML # MachineLearning #fraud #networks #taxpayers #TARC