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The Legal Regime of Fiscal Paradises - Products of Globalization

Author

Listed:
  • Oana Răvaș

    (University of Petroşani, Romania)

Abstract

The term " tax haven" is vaguely defined and includes any country that perceives zero taxes or reduced taxes on all or just some income categories, a certain level of banking o commercial secret, requirements minima from the central bank and no restrictions on it foreign exchange. Tax havens, also called offshore financial centers, provide a Fund base such as offshore or other forms of investment managed investment portfolios.

Suggested Citation

  • Oana Răvaș, 2018. "The Legal Regime of Fiscal Paradises - Products of Globalization," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 18(2), pages 161-168.
    • Handle: RePEc:pet:annals:v:18:y:2018:i:2:p:161-168
    as

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    References listed on IDEAS

    as
    1. Bucovetsky, Sam & Haufler, Andreas, 2008. "Tax competition when firms choose their organizational form: Should tax loopholes for multinationals be closed," Journal of International Economics, Elsevier, vol. 74(1), pages 188-201, January.
    2. Johannesen, Niels, 2014. "Tax evasion and Swiss bank deposits," Journal of Public Economics, Elsevier, vol. 111(C), pages 46-62.
    3. Hampton, Mark P. & Christensen, John, 2002. "Offshore Pariahs? Small Island Economies, Tax Havens, and the Re-configuration of Global Finance," World Development, Elsevier, vol. 30(9), pages 1657-1673, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    tax haven. economy; offshore; business; currecncy; banking secrecy; money laundry;
    All these keywords.

    JEL classification:

    • K1 - Law and Economics - - Basic Areas of Law
    • K2 - Law and Economics - - Regulation and Business Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law

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