IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxivy2014i2p13-17.html
   My bibliography  Save this article

International Tax Evasion in the Current Geopolitical Context

Author

Listed:
  • Constantin Sergiu-Bogdan

    (Bucharest University of Economic Studies, Faculty of Accounting and Management Information Systems)

Abstract

Tax evasion means the avoidance of declaring and paying the tax obligations. Through the manifestation of this phenomenon, the state incomes are reduced, the governments not being capable of complying with their tasks. As the economic globalization progresses, tax evasion becomes international thanks to the tax havens which usually are small states that provide various tax facilities to those who want to carry out their activity through their agency, especially through offshore companies. It is not illegal to carry out the activity through an offshore company from a tax haven, this representing more a means, an instrument through which international tax evasion takes place. Money from world countries are drained through tax havens, affecting the budget returns. The European Commission coordinates the efforts to combat international tax evasion by international cooperation, improvement of information exchange between EU countries, G20 and tax havens, using FATCA deed under OECD supervision.

Suggested Citation

  • Constantin Sergiu-Bogdan, 2014. "International Tax Evasion in the Current Geopolitical Context," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 13-17, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:13-17
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    international tax evasion; tax haven; EU; G20; OECD;
    All these keywords.

    JEL classification:

    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:13-17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.