Tax haven: Difference between revisions
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:By identifying these countries at EU level, member states can act together to put pressure for reform. The aim is not to name and shame countries, but to encourage positive change in their tax legislation and practices, through cooperation." | :By identifying these countries at EU level, member states can act together to put pressure for reform. The aim is not to name and shame countries, but to encourage positive change in their tax legislation and practices, through cooperation." | ||
:''European Council, February 2020'' | :''European Council, February 2020.'' | ||
== See also == | == See also == | ||
* [[Beneficial owner]] | * [[Beneficial owner]] | ||
* [[European Council]] | * [[European Council]] (EC) | ||
* [[European Union]] | * [[European Union]] (EU) | ||
* [[His Majesty's Revenue & Customs]] (HMRC) | * [[His Majesty's Revenue & Customs]] (HMRC) | ||
* [[Internal Revenue Service]] (IRS) | * [[Internal Revenue Service]] (IRS) | ||
| Line 31: | Line 31: | ||
* [[Paradise Papers]] | * [[Paradise Papers]] | ||
* [[Reshore]] | * [[Reshore]] | ||
* [[Safe harbour]] | |||
* [[Safe haven]] | |||
* [[Secrecy jurisdiction]] | * [[Secrecy jurisdiction]] | ||
* [[Shelter]] | * [[Shelter]] | ||
| Line 37: | Line 39: | ||
== | == Other resource == | ||
[https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/ EU list of non-cooperative jurisdictions] | *[https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/ EU list of non-cooperative jurisdictions] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 03:46, 27 December 2024
A tax haven is a low tax environment - usually a country - used to shelter income and gains from taxation, or to defer taxation.
- EU's 'non-cooperative' tax jurisdictions list
- "The EU list of non-cooperative jurisdictions for tax purposes is a tool to tackle:
- Tax fraud or evasion: illegal non-payment or under payment of tax
- Tax avoidance: use of legal means to minimise tax liability
- Money laundering: concealment of origins of illegally obtained money
- It lists non-EU countries that encourage abusive tax practices, which erode EU member states' corporate tax revenues.
- By identifying these countries at EU level, member states can act together to put pressure for reform. The aim is not to name and shame countries, but to encourage positive change in their tax legislation and practices, through cooperation."
- European Council, February 2020.
See also
- Beneficial owner
- European Council (EC)
- European Union (EU)
- His Majesty's Revenue & Customs (HMRC)
- Internal Revenue Service (IRS)
- Jurisdiction
- Nominee
- Offshore
- PANA inquiry
- Panama Papers
- Paradise Papers
- Reshore
- Safe harbour
- Safe haven
- Secrecy jurisdiction
- Shelter
- Tax
- Taxable person
