Davidson B. Gillette, James G. Lawson, Shane R. Stinson
ABSTRACT The U.S. tax system imposes a substantial cost of preparation on individual taxpayers. Prefilled tax returns, in which the government prepares tax returns and provides them to taxpayers for any necessary revisions or approvals, would fundamentally overhaul this practice. Such a program has long been debated in the U.S., including multiple recent legislative proposals of a “Tax Filing Simplification Act.” In this paper, we consider a prefilled tax return system for the U.S., concluding that it offers the opportunity to improve the tax filing experience of many Americans by reducing their involvement in an activity widely perceived as unpleasant. However, effective implementation will require careful design. We draw on the implementation and design of programs in other developed countries, along with relevant academic research, to provide insight into the potential design of a prefilled tax return program in the U.S.
{"title":"Fill in the Blank? A Discussion of Prefilled Tax Returns in the U.S.","authors":"Davidson B. Gillette, James G. Lawson, Shane R. Stinson","doi":"10.2308/jltr-2022-005","DOIUrl":"https://doi.org/10.2308/jltr-2022-005","url":null,"abstract":"ABSTRACT The U.S. tax system imposes a substantial cost of preparation on individual taxpayers. Prefilled tax returns, in which the government prepares tax returns and provides them to taxpayers for any necessary revisions or approvals, would fundamentally overhaul this practice. Such a program has long been debated in the U.S., including multiple recent legislative proposals of a “Tax Filing Simplification Act.” In this paper, we consider a prefilled tax return system for the U.S., concluding that it offers the opportunity to improve the tax filing experience of many Americans by reducing their involvement in an activity widely perceived as unpleasant. However, effective implementation will require careful design. We draw on the implementation and design of programs in other developed countries, along with relevant academic research, to provide insight into the potential design of a prefilled tax return program in the U.S.","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135963355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The IRS issued Notice 2014-21 in which they classify cryptocurrency as property. However, the variety and usage of cryptocurrency has increased since Notice 2014-21 so that cryptocurrency has become a significant and widely accepted component of the global financial system. Cryptocurrency includes a diverse group of digital assets with different origins and uses. One type of cryptocurrency, Bitcoin, has been adopted as legal tender in two countries. Yet the IRS guidance for reporting cryptocurrency has not changed. In this paper, we examine the current regulatory framework regarding cryptocurrency. Next, we discuss alternative tax treatments for cryptocurrency and the tax effects of those potential treatments. Finally, we make policy recommendations for the tax treatment of cryptocurrency.
{"title":"Does Notice 2014-21 Need an Update? An Analysis of Potential Tax Classifications for Cryptocurrency","authors":"Stephan A. Davenport, Spencer C. Usrey","doi":"10.2308/jltr-2022-003","DOIUrl":"https://doi.org/10.2308/jltr-2022-003","url":null,"abstract":"\u0000 The IRS issued Notice 2014-21 in which they classify cryptocurrency as property. However, the variety and usage of cryptocurrency has increased since Notice 2014-21 so that cryptocurrency has become a significant and widely accepted component of the global financial system. Cryptocurrency includes a diverse group of digital assets with different origins and uses. One type of cryptocurrency, Bitcoin, has been adopted as legal tender in two countries. Yet the IRS guidance for reporting cryptocurrency has not changed. In this paper, we examine the current regulatory framework regarding cryptocurrency. Next, we discuss alternative tax treatments for cryptocurrency and the tax effects of those potential treatments. Finally, we make policy recommendations for the tax treatment of cryptocurrency.","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41708937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-01DOI: 10.2308/1543-866x-21-1.i
{"title":"Covers and Front Matter","authors":"","doi":"10.2308/1543-866x-21-1.i","DOIUrl":"https://doi.org/10.2308/1543-866x-21-1.i","url":null,"abstract":"","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135050919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.52547/taxjournal.30.56.4
M. H. Akbarzadeh, Hossein Heidar Zadi
{"title":"Tax Competition and Its Short-term and Long-term Consequences for the Structure of Tax Revenues in Developing Countries","authors":"M. H. Akbarzadeh, Hossein Heidar Zadi","doi":"10.52547/taxjournal.30.56.4","DOIUrl":"https://doi.org/10.52547/taxjournal.30.56.4","url":null,"abstract":"","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"258 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74364316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.52547/taxjournal.30.56.3
Farnaz Arta, M. Taheri, Maryam Agai Bejestani
{"title":"Pathology of The Legal Gap in the Tax Collection and Payment Stage\u0000(A Comparative Study of The IRS and The United States)","authors":"Farnaz Arta, M. Taheri, Maryam Agai Bejestani","doi":"10.52547/taxjournal.30.56.3","DOIUrl":"https://doi.org/10.52547/taxjournal.30.56.3","url":null,"abstract":"","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"236 1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72791075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.52547/taxjournal.30.56.1
Mohammad Ghasemi, S. Abedi, A. Mohtashami
{"title":"Presenting a Model for Predicting Tax Evasion of Guilds Based on Data Mining Technique","authors":"Mohammad Ghasemi, S. Abedi, A. Mohtashami","doi":"10.52547/taxjournal.30.56.1","DOIUrl":"https://doi.org/10.52547/taxjournal.30.56.1","url":null,"abstract":"","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"21 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87317958","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-01DOI: 10.52547/taxjournal.30.56.2
Farshad Rezainejad, M. Salehi, Mahmoud Hemmatfar, M. Janani
{"title":"Identifies the Dimensions and Explores the Structural Relationships of the Indicators Affecting the Tax Capacity of E-commerce and Online Sales Tax in Avoiding Performance Tax","authors":"Farshad Rezainejad, M. Salehi, Mahmoud Hemmatfar, M. Janani","doi":"10.52547/taxjournal.30.56.2","DOIUrl":"https://doi.org/10.52547/taxjournal.30.56.2","url":null,"abstract":"","PeriodicalId":40374,"journal":{"name":"ATA Journal of Legal Tax Research","volume":"72 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85500685","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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