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Corporate Social Responsibility, Taxation and Aggressive Tax Planning

(25.11.2013). C(2012) 8806 final. Commission recommendation of 6.12.2012 on aggressive tax planning (Brussels, 6.12.2012). C(2013) 2236 final. Commission decision of 23.4.2013 on setting up a Commission Expert Group to be known as the Platform for Tax Good Governance, Aggressive Tax Planning and Double Taxation. C(2013) 2236 final (Brussels, 23.4.2013). Fuller, Lon L.: The Morality of Law. Yale University Press, New Haven 1964. GRI G3.1. Sustainability Reporting Guidelines. GRI G4 Part 1

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Good Tax Governance: A Matter of Moral Responsibility and Transparency

Tax Justice Network, ActionAid, ChristianAid and SOMO, have published critical reports on aggressive tax planning structures (see, e . g ., James 2012 , ActionAid 2012 , Christian Aid 2013 , SOMO 2015 ). Even consumers have shown interest in the amount of taxes paid by corporations (see, e . g ., Bergin 2012 , Kleinbard 2013 ). It can therefore be said that multinational enterprises are currently in the eye of the storm. Their tax planning practices are claimed to be too aggressive and this has led to a public outcry. Politicians have shared this public

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Responsible Investment: Taxes and Paradoxes

accepting that how we understand a company may be decisive in how we see its responsibility to pay taxes ( Avi-Yonah 2006 ). As a topical theme, the aggressive tax planning of corporate taxpayers, especially of multinational enterprises, and the assessment of its impact on society has been of interest to researchers for some years (see e . g ., Shafer and Simmons 2008 ; Sikka 2010 ; Preuss 2012 ; Finér and Ylönen 2017 ). Some studies have been very critical of tax planning by corporations (see, e . g ., Ylönen and Laine 2015 ), while others have emphasized the

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Hypercompetition & Fiscal Attractiveness


Hypercompetition is at the very center of modern economies. As a consequence, both states and enterprises have been heavily engaged in an amoral power game (Colonomos, 2005) based exclusively on strength where tax systems have a prominent role. An obscure fiscal war takes place firstly between states seeking to increase their attractiveness. On the other hand, firms fight against states to optimize their revenues. Therefore, the aim of this paper is to discuss the components and the implications of the competition between states expressed through the establishment of tax havens and the launch of merciless fiscal policies. At the same time, enterprises try to shape the existing laws in a manner that favors their interests, using also aggressive fiscal strategies.

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Criteria for Defining Tax Evasion as Tax Terrorism


There are significant losses in tax revenues across the European Union (EU). National governments lose billions of euros in the revenues from non-paid taxes and other illegal activities. The fight against aggressive tax planning, tax fraud and illegal activities is on the agenda of the EU, OECD and all the national governments. However, due to the size of tax losses it should not be treated just as tax evasion, but rather as tax terrorism! Therefore, the author has set criteria when tax evasion should be named as “tax terrorism” as well as designed the principles for tackling tax terrorism and other ways of non-payment of taxes. The tax evasion could be treated as “tax terrorism” in case of international evasion from taxes by organized groups of persons for criminal purposes as well as when it creates significant losses in government revenues. The term “tax terrorism” would have impact to communication and cause response of society and politics, therefore it would have more social and political consequences.

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Ireland and the changing global foreign direct investment landscape

References Banking Commission. (1938). Commission of Inquiry into Banking, Currency and Credit . Dublin: The Stationery Office. Barry, F. (2002). The Celtic tiger era: Delayed convergence or regional boom? ESRI Quarterly Economic Commentary, Summer , 36–42. Barry, F. (2016, December 16). Shannon connections: Aggressive tax planning by US MNCs in the pre-Kennedy era. Presentation to Central Bank of Ireland Economic History Workshop. Barry, F. (2017). The Irish single-currency debate of the 1990s in retrospect. Journal of the

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Gaar As Tax Treaty Override – Slovak Perspective

international relations? Netherlands Yearbook of International Law, 11, 65-95. Cloer, A., Hagemann, T. (2016). Constitutionality of Treaty Override. European taxation, 56(7). Cotrut, M. (ed.) (2015). International Tax Structures in the BEPS Era: An Analysis of Anti-Abuse Measures. Amsterdam: IBFD. European Commission. (2012). Commission Recommendation of 6.12.2012 on aggressive tax planning, C (2012) 8806 final, Brussels 6.12.2012. European Commission. (2016). Commission Recommendation of 28.1.2016 on the

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Tax Planning in Partner-owned Close Corporations

1 Aggressive tax planning and tax policy Over the past years, the scholarly discussion on tax law has focused largely on aggressive tax planning ( Dourado 2015 ; Panayi 2015 ). “Aggressive tax planning” is not a legal term; it refers primarily to transactions whereby companies take advantage of discrepancies—arbitrage—between tax laws of different countries, thereby achieving a more favorable taxation than the comparable taxpayers who have no access to such tax-planning opportunities. Aggressive tax planning, then, is not a matter of evading the law, but

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Changes in Tax Legislation and Social Responsibility of Taxpayers and Legislative Institutions

. Economic and Business Review for Central and South- Eastern Europe, 6 (4): 325-336. Knuutinen, R. (2014). Corporate social responsibility, taxation and aggressive tax planning. Nordic Tax Journal, 1, 36-75. DOI: 10.1515/ntaxj-2014-0003 Laffer B. A., Winegarden, W. H. & Childs, J. (2011). The Economic Burden Caused by Tax Code Complexity. United Kingdom: Laffer Institute. Lanis, R. & Richardson, G. (2011). The effect of board of director composition on corporate tax aggressiveness

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Acceptable levels of tax risk as a metric of corporate tax responsibility: theory, and a survey of practice

University Law Review , 2014, 94, 337–365; Knuutinen, Reijo, “Corporate Social Responsibility, Taxation and Aggressive Tax Planning”, Nordic Tax Journal , 2014, 1, 36–75; HJI Panayi, Christiana, “Is Aggressive Tax Planning Socially Irresponsible?”, Intertax 2015, 10, 544–558; Ylönen, Matti and Matias Laine, “For logistical reasons only? A case study of tax planning and corporate social responsibility reporting”, Critical Perspectives on Accounting 2015, 33, 5-23; Holland, Kevin, Sarah Lindop and Fatimah Zainudin, “Tax Avoidance: A Threat to Corporate Legitimacy? An

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