David Kemme received a best paper award

For release:  August 8, 2018

David Kemme, Professor and Chair of Excellence, received a best paper award for the paper "Tax Havens, Tax Evasion and Tax Information Exchange Agreements in the OECD," published in European Financial Management for the year 2017.

The paper was coauthored with Bhavik Parikh, a recent Ph.D. in Finance graduate of the Fogelman College of Business and Economics and Tanja Steigner, Emporia State University. Using a large data set of foreign portfolio flows, they found higher taxes on capital income increases OECD resident's tax evasion via tax havens. They also found established investor preferences for certain country characteristics are less important to tax evaders who value privacy and want to remain undetected by their home tax authorities. There is limited evidence that OECD Tax Information Exchange Agreements reduce tax evasion.

The paper may be found at: https://onlinelibrary.wiley.com/doi/abs/10.1111/eufm.12118