Tax Havens

We assess the business provisions of the 2017 Tax Cuts and Jobs Act, the biggest corporate tax cut in US history. We draw five lessons. First, corporate tax revenue fell …

incentive for firms to report all their profits in tax havens, the reform introduced a tax on Global Intangible …

Guyana bursts into the IMF’s 2024 top ten of countries by GDP per capita (PPP). Most are tax havens or oil states (as is Guyana). Singapore, Switzerland, and the USA are the only real economies out of …

Commissioned by the G20, this report presents a proposal for an internationally coordinated standard ensuring an effective taxation of ultra-high-net-worth individuals. In the baseline proposal, individuals with more than $1 …

equivalent of 10% of world GDP in financial wealth in tax havens globally, the bulk of which was undeclared to …

In May 2022, the African Ministers of Finance, Planning, and Economic Development adopted a resolution calling on the UN to start negotiations towards an international convention on tax matters under …

burdens or jurisdictions known for harbouring tax havens. Tracing, freezing, confiscating, and returning …

In summary, even if the stated intent behind Georgia’s tax code amendments is to boost foreign direct investment, the associated risks and negative perceptions far outweigh the potential benefits, and …

amendment incentivizes the relocation of assets from tax havens into Georgia. An analysis of the foreign direct … that incentivize the relocation of assets from tax havens to Georgia lack credible mechanisms for monitoring … evasion (Sharman, 2010). Offshore centers and tax havens have historically been evaluated through various … like Oxfam, began targeting offshore finance and tax havens. Through strategies like ‘naming and shaming’ … eliminate the advantages of hiding profits within tax havens and to discourage countries from acting as tax …

important reason is that we have our own European tax havens – such as the UK, the Netherlands, Malta, Luxembourg … evidence that at least five EU Member States are tax havens in everything but name, damaging other Members … Netherlands, Cyprus and Malta EU tax havens. We are already listing tax havens outside the European Union; … consistent and credible that we also label the tax havens inside the European Union. Therefore, let's … planning or schemes that straightaway make them tax havens on a race to the bottom when it comes to corporate …

Since 2016, the global edition of the Sustainable Development Report (SDR) has provided the most up-to-date data to track and rank the performance of all UN member states on the …

waste, illicit trade, unfair tax competition, tax havens and, more generally, poor implementation of … indicators related to unfair tax competition, tax havens, and the profit shifting of multinationals, …

zero taxes and the super-rich hide billions in tax havens? This system is broken. Our societies are in …

left at risk of becoming an offshore island for tax havens. We have a fraud epidemic already in the UK …

The objective of this desktop study is to enhance the overall implementation of the international standards in the region and gain a better understanding of their technical assistance needs. This …

those subject to sanctions or identified as tax havens/offshore centers.51 Tax consequences Countries …