 FINANCING TERRORISM: FROM OFFSHORE COMPANIES TO THE CHARITY PARADOXIrina Ionescu
SEA - Practical Application of Science, 2015, issue 8, 93-99 Abstract: The world is currently living to its edges, menaced at each corner by environmental changes, terrorist attacks, civil wars or biological weapons let loose. With the emerging of the Islamic State and other terrorist cells the entire world under the peaceful globalization sphere questions its security. The paper aims to focus on detailing the most modern ways of financing terrorism, including through tax haven offshore companies, and the charity paradox. Charity institutions, several banks and even Non-Profit Organizations go hand in hand with a full range of felonies, from money laundering to narcotic traffic, humans trafficking, organized crime, arms dealing and terrorist attacks. The paper aims to offer pertinent solutions to tax havens and light legislation in order to prevent terrorist groups and cells from becoming an extensively rich and potent menace to global and state security. Keywords: International terrorism; Terrorism funding; Tax havens; Offshore companies; Charity (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2015:i:8:p:93-99 Access Statistics for this article SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.