International Tax Law and Tax Avoidance: A Case Study on Tax Havens and the Option of Ethics in a Global Economy
M.A. Plazas Vega (ed.), Dal diritto financiario al diritto tributario; Studi in onore A. Amatucci, Volume 5, Temis, Bogotá, 2011, pp. 433-482
28 Pages Posted: 14 Apr 2012
Date Written: 2011
Within a close system of legal rules, it is almost impossible to combat the abuse of offshore business and tax haven-related transactions. This is first because international business lacks even the fundamental sources of law. Secondly, even if international business were fully covered by statutory law, the abusive forms of tax planning may result in eluding laws. The reason for this is that the taxpayers involved in tax avoidance do not fringe any particular legal provision, although they challenge the legal system as a whole. Paradoxically, such a challenge cannot be expressed in the language of law. This paper seeks therefore to explore the ethical implications for tax havens, while starting from a legal analysis.
Note: Downloadable document is in Serbian.
Keywords: tax planning, tax haven, exchange of tax information, civil ethics
JEL Classification: K34, M14
Suggested Citation: Suggested Citation