Offshore Asset Protection Trusts: Tax Planning or Tax Fraud?

2001 ◽  
Vol 5 (1) ◽  
pp. 9-15 ◽  
Author(s):  
Harvey M. Silets ◽  
Michael C. Drew
Keyword(s):  
Tax Planning ◽  
Asset Protection ◽  
Tax Fraud

scholarly journals Criteria for Defining Tax Evasion as Tax Terrorism

2017 ◽  
Vol 30 (1) ◽  
pp. 102-112 ◽  
Author(s):  
Māris Jurušs
Keyword(s):  
European Union ◽  
Tax Evasion ◽  
Tax Planning ◽  
The European Union ◽  
Political Consequences ◽  
Tax Revenues ◽  
Tax Fraud ◽  
Illegal Activities ◽  
National Governments ◽  
The Eu

Abstract 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.

Abu Dhabi Foundations Regime: strategic location in the Middle East for legacy planning towards emerging high growth markets

2019 ◽  
Vol 25 (6) ◽  
pp. 594-598
Author(s):  
Yann Mrazek
Keyword(s):  
Middle East ◽  
Succession Planning ◽  
High Growth ◽  
Cost Effective ◽  
Tax Planning ◽  
Global Market ◽  
Abu Dhabi ◽  
Asset Protection ◽  
Strategic Location ◽  
Generational Continuity

Abstract Most Middle East entrepreneurial families are familiar with foreign offshore trusts and foundations, and have been using these tools to ensure wealth preservation and inter-generational continuity for several generations. In that context, the new foundation regime was introduced in 2017 in the Abu Dhabi Global Market, a Middle East common law familiar jurisdiction, meeting all the requirements for a simple-to-understand, cost-effective, and sustainable vehicle dedicated to wealth management and preservation, family succession planning, tax planning, asset protection, corporate structuring, and for public interest foundations (excluding charities). The purpose of this article is to present to the reader the context, mechanisms, and interests to use Abu Dhabi Global Market private foundations.

Peran kepemilikan institusional, perencanaan pajak dan dewan komisaris asing terhadap nilai perusahaan

2019 ◽  
Vol 8 (2) ◽  
Author(s):  
Anita Ade Rahma ◽  
Lisa Nabawi ◽  
Ronni Andri Wijaya
Keyword(s):  
Significant Influence ◽  
Firm Value ◽  
Stock Exchange ◽  
Investment Decisions ◽  
Total Sample ◽  
Tax Planning ◽  
Purposive Sampling ◽  
Institutional Leadership ◽  
Company Value

The purpose of this study is to analyze the role of institutional leadership, tax planning and foreign board of commissioners on firm value. The population in this study were 615 companies listed on the Indonesia Stock Exchange in 2015-2017. The sample was chosen using purposive sampling to get a total sample of 325 companies with a total of 975 observations of company data. The results of this study indicate that institutional leadership and tax planning have no role in increasing company value. While the foreign board of commissioners showed a significant influence on the value of the company. This proves that there is a need for diversity in the structure of the board that can trigger an increase in the value of the company. In addition, the presence of a foreign board is needed for the progress of the companyKeywords: Investment decisions; funding decisions; dividend policy; company value

Optimal Government Responses to Tax Planning

2009 ◽  
Author(s):  
Philip A. Curry ◽  
Claire A. Hill ◽  
Francesco Parisi
Keyword(s):  
Tax Planning

Financial Constraints and the Incentive for Tax Planning

2012 ◽  
Author(s):  
Alexander S. Edwards ◽  
Casey Schwab ◽  
Terry J. Shevlin
Keyword(s):  
Financial Constraints ◽  
Tax Planning
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