THE USE OF OFFSHORE JURISDICTIONS IN INTERNATIONAL FINANCIAL FITTINGS
Journal Title: Challenges of the Knowledge Society - Year 2012, Vol 2, Issue 0
Abstract
Essential legal and financial Structures, sometimes complex, had until recently been small and medium entrepreneurs away from the use of offshore jurisdictions, but the constraints of increasingly heavy taxation of excessive in certain States, you push even those with limited resources to use in these jurisdictions to protect revenue. The purpose of this research is to analyze the offshore jurisdictions in order to determine the possibilities of use of their disadvantages in order to improve measures to combat tax evasion, as well as for the use of their advantages in order to reduce illegal migration and regular employment of capital through the analysis of specific cases of the use of offshore jurisdictions – Case Frabklin Jurado, The Bank of Commerce and Credit InternationalAmerican Express Bank International. Scientific novelty and originality of the investigation consists of: -the identification on the basis of international practice, some offshore jurisdictions specific items in order to reflect their fiscal policies (trade and investment, etc.) -analysis of cases of the use of offshore jurisdictions in international financial fittings (such as the Bank of Credit and Commerce International; Franklin Jurado; American Express Bank International), -identification of the impact paradisurilor tax and offshore financial centres of the world economy – revealing secret financial transactions carried out within the framework of ofssore, research instruments jurisdictions and management techniques of cadrulacestor tax jurisdictions. It is interesting to be seen through the prism of analysis of economic-fiscal financiare if a competition is beneficial or not for the welfare of States and to what extent this competition will have a say in future developments and tax paradisurilor finanaciare offshore centres. In conclusion, I appreciate that in order to survive successfully in the global economy of the future, offshore Jurisdictions should promote a healthy tax, competing on the basis of a transparent legislation and to eliminate the possibility of the existence of financial crime, in line with the requirements concerning cooperation in the field of international economic relations.
Authors and Affiliations
DANIELA RADU
Keywords
Related Articles
- EP ID EP132789
- DOI -
- Views 118
- Downloads 0
UNDERGRADUATE STUDENTS' ATTITUDES TOWARD FACEBOOK USE
Together the Internet and the Web have profoundly affected our life for the past decades. Today, we can use the Web for communication, education, business, entertainment and searching information. In recent years, the us...
PROTECTION OF THREATENED WITNESSES
First, I wish to make a presentation of historically institution and subsequently parallels between past and current regulators to expose whether the legislature has reached desire - namely ensuring effective protection...
GENERAL ASPECTS ON COMPETITION AND THE FIGHT AGAINST UNFAIR COMPETITION
In its first part, this paper analizes the different aspects regarding the introduction of the first rules in the area of competition, both at European and national level. Further, the paper presents the purpose of compe...
SPECIAL ISSUES REGARDING THE MEDIATION PROCESS IN THE COMMERCIAL FIELD
The purpose of the research subject to this paper is to find proper solutions for the increase of the volume and efficiency in the field of commercial mediation. Starting from practical remarks, after an analysis of the...
LANDMARKS IN THE EVOLUTION OF THE SOCIAL RESPONSIBILITY OF ORGANIZATIONS IN THE TWENTIETH CENTURY
The social responsibility of organizations concept has become the subject of considerable researches, debates and commentaries especially in the second half of the last century. According to ethical principles organizati...