KY3P and Tax arbitrage: Difference between pages

Revision as of 09:33, 8 April 2015

A form of cross-border tax avoidance, or tax planning, which takes advantage of differences in tax between different jurisdictions.

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-''Anti money laundering''.
+A form of cross-border tax avoidance, or tax planning, which takes advantage of differences in tax between different jurisdictions.
-'KY3P' refers to knowledge and understanding of third-party risk in relation to transactions, especially - but not only - financial transactions.
-The term derives from '''K'''now '''Y'''our '''3P''' (third party).
-The term KY3P derives from the principle of 'KYC' (Know Your Customer), KY3P being a broader concept than KYC.
-Third parties would include, for example, suppliers as well as customers.
 == See also ==
-* [[Know-your-customer]]
+* [[Arbitrage]]
-* [[Money laundering]]
+* [[Common Consolidated Corporate Tax Base]]
-* [[PEP]]
-* [[Third party]]
-=== Other resources ===
-[[Media:2015_03_Mar_-_Squeaky_clean.pdf| Squeaky Clean, The Treasurer, 2015]]
-[[Category:Accounting,_tax_and_regulation]]
-[[Category:Compliance_and_audit]]
-[[Category:Identify_and_assess_risks]]