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Breaking Bad : What Does the First Major Tax Haven Leak Tell Us?

Cockfield, Arthur J. - 2016

While there is now significant literature in law, politics, economics, and other disciplines that examines tax havens, there is little information on what tax haven intermediaries — so-called offshore service providers such as trust, finance and other financial service providers — actually...

Persistent link: https://www.econbiz.de/10012983702

Offshore Financial Centers in the Caribbean : An Overview

Brei, Michael - 2014

This paper investigates offshore financial centers in the Caribbean from the perspective of offshore economies, onshore economies, and international investors. Using multilateral data on the international positions of banks, we analyze the flow of funds that has been transferred from the major...

Persistent link: https://www.econbiz.de/10013059270

Multinational firms in tax havens : corporate motives, regulatory countermeasures, and recent statistics

Olbert, Marcel; Spengel, Christoph; Weck, Stefan - 2023 - This version: 27 July 2023

We investigate multinational firms' activities in tax havens and regulatory efforts to curb these activities in three steps. First, we discuss the evolution of information exchange and disclosure regimes among tax authorities, with a focus on the recent Countryby-Country (CbC) reporting regimes,...

Persistent link: https://www.econbiz.de/10014367377

Unintended Consequences : How U.S. Tax Law Encourages Investment in Offshore Tax Havens

Miller, David S. - 2011

The Internal Revenue Code is riddled with features that allow U.S. taxpayers to reduce their federal tax liability by operating through tax haven companies. Some of these provisions are historic anomalies. Others are better understood as inadvertent loopholes than considered legislative grace....

Persistent link: https://www.econbiz.de/10014190764

The Offshore Tax Enforcement Dragnet

Oei, Shu-Yi - 2018

Taxpayers who hide assets abroad to evade taxes present a serious enforcement challenge for the United States. In response, the United States has developed a family of initiatives that punish and rehabilitate non-compliant taxpayers, raise revenues, and require widespread reporting of offshore...

Persistent link: https://www.econbiz.de/10012934338

The United States as the Ultimate Tax Haven : Testimony Before the House Ways and Means Subcommittee on Oversight

Hemel, Daniel J. - 2022

[This testimony was delivered on December 8, 2021, to the House Committee on Ways and Means, Subcommittee on Oversight, as part of a hearing on "The Pandora Papers and Hidden Wealth."]The US is the world’s leading investment destination for offshore wealth. Our laws enable foreigners—through...

Persistent link: https://www.econbiz.de/10013307096

Where in the World Does Partnership Income Go? Evidence of a Growing Use of Tax Havens

Love, Michael - 2022

Partnerships are the fastest growing class of business entity in the United States and represent over one third of reported business income, but due to their legal complexity and opaque nature economists have not yet been able to identify where a sizeable portion of this income goes. In this...

Persistent link: https://www.econbiz.de/10013307820

The Complementarity Between Tax Avoidance and Manager Diversion : Evidence from Tax Haven Firms

Atwood, T. J. - 2017

We investigate whether tax avoidance and manager diversion are complementary when the costs of diversion are low by … a theory of tax avoidance within an agency framework (the D&D theory) based on the assumption that tax avoidance and … manager diversion and tax avoidance are complementary for tax haven firms based in countries with weak investor protections …

Persistent link: https://www.econbiz.de/10012943029

Abuse, Shell Entities and Right of Establishment : A Plea for Refocusing Current Proposals and Achieving Deeper Coordination within the Internal Market

Nogueira, João Félix Pinto; Pistone, Pasquale; … - 2022

This article aims at identifying the most relevant shortcomings of any initiative of fighting against abuse of the right of establishment on the basis of a priori set substance indicators. It does so by reference to the Unshell Directive proposal against the broader background of the need to...

Persistent link: https://www.econbiz.de/10014082416

Taxes and benefits: two distinct options to cheat on the state?

Halla, Martin; Schneider, Friedrich - 2005

Persistent link: https://www.econbiz.de/10003049353