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Tax Havens
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Artikel-Nr:
9781921902215
Veröffentl:
2013
Erscheinungsdatum:
01.01.2013
Seiten:
424
Autor:
Anthony van Fossen
Gewicht:
416 g
Format:
200x131x24 mm
Sprache:
Englisch
Beschreibung:
Anthony van Fossen is a social science professor at Griffith University in Australia and a contributor to South Pacific Futures: Oceania Toward 2050, the first comprehensive survey of expert views of the region's future.
In recent years, many countries in Oceania have developed tax havens, profiting by providing offshore havens from metropolitan taxation and regulation and this account surveys the timely, important, and controversial topic of Pacific Islands' tax havens, which currently hold hundreds of billions of dollars. Exploring the range of financial mechanisms used--including offshore companies and banks, maritime flags of convenience, and laundering--this book also delineates the international regulatory attempts that have been made with limited success. Arguing that at the core of these large financial transactions is Pacific Islands sovereignty within the international community and its rights to maintain its own tax and regulatory systems without outside interference, this discussion is an essential resource of economic research.