Tax Havens
A tax haven is a country or place with very low "effective" rates of taxation for foreign investors ("headline" rates may be higher). In some traditional definitions, a tax haven also offers financial secrecy. However, while countries with high levels of secrecy but also high rates of taxation (e.g. the United States and Germany in the Financial Secrecy Index ("FSI") rankings) can feature in some tax haven lists, they are not universally considered as tax havens. In contrast, countries with lower levels of secrecy but also low "effective" rates of taxation (e.g. Ireland in the FSI rankings), appear in most …
WikipediaPublications
IMF: International Monetary Fund · 30 November 2023 English
Geoeconomic fragmentation (GEF) is becoming entrenched worldwide, and the European Union (EU) is not immune to its effects. This paper takes stock of GEF policies impinging on—and adopted by—the EU …
destination by looking through financial centers and tax havens. For example, Coppola and others (2021) find … Flows: The Role of Cross-Border Financing and Tax Havens,” The Quarterly Journal of Economics, Volume …
ADR: Association for Democratic Reforms · 30 November 2023 English
The Petitioner had filed the present Writ Petition challenging the far reaching amendments made to various statutes by means of Finance Act 2016 and Finance Act 2017, which have allowed …
for encashment by them. The other route is via tax havens. A corporate/individual can take money out through … through over-invoicing or under-invoicing to tax havens and from there bring it back into the electoral …
Stimson Center · 27 November 2023 English
Previous Commission Work The Climate Governance Commission is grateful for the generous financial and in kind support of the Wayfarer Please see Other Reports and the Interim Report (2021) Foundation, …
their assets across borders, taking advantage of tax havens. This creates an unequal system in which the …
PIIE: Peterson Institute for International Economics · 22 November 2023 English
It is possible that this posi ve correla on is s ll consistent with the view of Klein and Pe s (2020) that the par al effect of mercan lism …
“phantom FDI”—ar ficial transac ons made through tax havens (Damgaard, Elkjaer, and Johannesen, 2019). A … accounts for its ac vi es as domes c. The role of tax havens is also important. The fact that China may be …
NBER: National Bureau of Economic Research · 22 November 2023 English
Tax harmonization entails a uniform rate that may not suit all governments. Harmonization can advance collective governmental objectives only if the standard deviation of tax rates is less than the …
when governments are exclusively concerned with tax havens, the tax harmonization statistic for 2020 is … Slemrod, and Robert Ullmann, Norderfriedrichskoog! Tax havens, tax competition and the introduction of a minimum … and James R. Hines Jr., Which countries become tax havens? Journal of Public Economics, October 2009, … Jr. and Eric M. Rice, Fiscal paradise: Foreign tax havens and American business, Quarterly Journal of …
NBER: National Bureau of Economic Research · 22 November 2023 English
We explore the consequences of global capital market segmentation by currency for the optimal currency composition of borrowing by firms. Global bond portfolios are driven by the currency of denomination …
flows: The role of cross-border financing and tax havens,” The Quarterly Journal of Economics, 2021, 136 …
The South Centre · 21 November 2023
The covered issues include how the TRIPS Agreement can be interpreted to implement its flexibilities, the use of competition law to promote access to medicines, the role of cooperation in …
become a major economic and political problem. Tax havens continue to exist and provide financial secrecy … review” mechanism and it is relevant mainly for tax havens which are destinations of profit shifting. The …
Oxfam International · 21 November 2023 English
Our strategic focus, Valuing Women’s Work (VWW), aims to redefine what ‘work’ means so that all the work women do – paid and unpaid – can truly be valued. This …
sophisticated tax planning and global networks of tax havens to take advantage of a broken system that allows …
Mo Ibrahim Foundation · 20 November 2023 English
While curtailing the emissions of those with the biggest carbon footprints makes obvious sense, and will have the greatest impact on the climate crisis, for Africa the focus must be …
Resource Plunder and the Poisoned Paradises in Tax Havens. https://taxjustice.net/2021/03/24/ capital- … ource-plunder-and-the-poisoned-paradises- in-tax-havens/ Accessed 17 October 2023. 52 Acronyms AAAP Africa …
Oxfam Australia · 16 November 2023 English
The world faces twin crises of climate breakdown and runaway inequality. The richest people, corporations and countries are destroying the world with their huge carbon emissions. Meanwhile, people living in …
rates than cleaners or secretaries. Networks of tax havens are used to avoid paying tax, especially by the … and ambitious global tax collaboration, stop tax havens and tax the wealthy and corporations through …
