INTERNATIONAL TAX PLANNING IN A WORLD OF GLOBAL TRANSPARENCY
Journal: International Scientific Journal "Internauka" (Vol.1, No. 54)Publication Date: 2018-08-15
Authors : Baskova Anastasiia;
Page : 24-27
Keywords : international tax planning; international taxation; international exchange of information; transparency; tax avoidance; BEPS plan; deoffshorization;
Abstract
On 15 July 2014, the OECD published the Standard for Automatic Exchange of Financial Account Information in Tax Matters, also known as the Common Reporting Standard or CRS. Since then 102 jurisdictions have committed to commence exchange of information on non-residents bank accounts in 2017 or 2018. Unfortunately, Ukraine is not in the list of the countries participating in the exchange. With exchanges under the CRS, having now commenced amongst almost 50 jurisdictions there has been a major shift in international tax transparency and the ability of jurisdictions to tackle offshore tax evasion. This article studies the influence of the automatic exchange of financial information on the global tax transparency and international tax planning trends.
Other Latest Articles
- TO STUDY THE TRAINING MODULES OF INSERVICE TEACHER TRAINING PROGRAMME UNDER SARVA SHIKSHA ABHIYAN IN HIMACHAL PRADESH
- To study the library management in point view of human resource and their work description in libraries
- ADVANTAGES OF USING BIOTESTING METHODS ON PROTOZOA TO DETERMINE THE TOXICITY OF BIOLOGICAL OBJECTS
- AADHUNIKTA BODH AUR NAYI HINDI KAHANI
- Repackaging of bibliographic database on entomology enhance access: A case study of Indian Science Abstract database
Last modified: 2018-09-06 19:17:36