Modern Trends in Minimisation of Offshore Jurisdiction: OECD, G20 and Russia
Russian Economic Developments. 2014, #1, pp.46-48
3 Pages Posted: 19 Feb 2014
Date Written: January 17, 2014
For many years, off-shore zones were a reliable mechanism of tax optimization. According to experts’ estimates, Russia is the world’s leader as regards the number of newly registered off-shore companies1. For the purpose of effective prevention of erosion of the tax base, Russia should join not only the OECD standards, but also that international organization, as well.
Keywords: offshore jurisdiction, offshore taxation, OECD
JEL Classification: M14, F0
Suggested Citation: Suggested Citation