TAX HAVENS: BENEFIT OR LOSS FOR THE WORLD'S ECONOMY

The article reflects the suitability of using offshore zones. Relevance of this subject is defined by influence of offshore zones on the companies functioning within them, which redistribute financial resources, which is connected with inflow or capital outflow that makes indirect impact on economy of the certain countries and on world economy as a whole. Capital transfers in the offshore zone is a legitimate way to minimize the tax burden. Choice of an offshore zone due to business needs as offshore areas differ in the degree of political stability, for tax treatment, infrastructure, quality of banking services, the degree of legal protection of information on the activities of companies, in a variety of offshore, there all sorts of restrictions on certain activities.