Secrecy jurisdiction: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create page. Sources: Richard Murphy http://www.taxresearch.org.uk/Blog/2013/11/07/what-is-a-secrecy-jurisdiction/, European Parliament http://www.europarl.europa.eu/cmsdata/134370/Draft_Recomendation_B8_660_2017.pdf) |
imported>Doug Williamson (Add category.) |
||
| Line 27: | Line 27: | ||
* [[Tax haven]] | * [[Tax haven]] | ||
* [[Taxable person]] | * [[Taxable person]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Ethics_and_corporate_governance]] | |||
Revision as of 08:02, 11 April 2018
Tax avoidance and tax evasion.
The term 'secrecy jurisdiction' is often used interchangeably with 'tax haven'.
However, some commentators distinguish secrecy jurisdictions from tax havens along the following lines:
- Secrecy jurisdictions create regulation that they know is primarily of benefit and use to those not resident in their jurisdiction.
- Secrecy jurisdictions create a deliberate, and legally backed, veil of secrecy that ensures that those from outside it, and making use of its regulation, cannot be identified to be doing so.
- Source: Richard Murphy, Tax Research UK website
