Tax havens and the terrorism
In everyday language the term "tax haven" means economic and geographical area that offers a wide range of tax benefits where so called offshore companies are registered and carry on financial activities related to money laundering. Basically, an offshore company could operate under conditions of favorable tax only if it is recorded in a "tax haven." Using those companies situated in "tax havens", today, billons of US dollars are “recycled” in complicated financial operations supported by well-organized mechanisms and then, after “the black money” having origin in organized crime activities are reinserted in the legal economy and very often used to finance the terrorism
Volume (Year): 20 (2013)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www2.cmu-edu.eu|
When requesting a correction, please mention this item's handle: RePEc:cmc:annals:v:20:y:2013:i:2:p:275-280. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Georgiana Buzu)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.