Perfect Tax Haven between Myth and Truth

Marius Eugen Radu ()

Knowledge Horizons - Economics, 2016, vol. 8, issue 1, 93-95

Abstract: The main difference between onshore and offshore financial centers have is that onshore fi nancial center is bound by law to ensure monitoring of offshore investors when the center does not have this requirement. Instead, the latter should be encouraged to monitor onshore investors through governments or international institutions. A very important issue for the OECD aims to fight money laundering through offshore jurisdictions is to promote a campaign stop, first, an unfair tax competition internationally.

Keywords: Tax haven; offshore area; tax; capital flows; tax evasion (search for similar items in EconPapers)
Date: 2016
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