Secrecy and Transparency

Holding offshore accounts is typically a matter of high-net worth individuals. News stories over the past years regarding the extent of tax avoidance revealed ... Nov 5, 2018 ... The paper provides an informative new look into the level of offshore tax avoidance before and after the Tax Cuts and Jobs Act (TCJA). While ... On July 12, 2011, U.S. Senator Carl Levin, a Michigan Democrat, proposed a revised version of an international tax reform bill referred to as the Stop Tax ... Caribbean institutional frameworks, that region being unique insomuch that it includes both some of the biggest offshore tax havens in the world (Damgaard et al ... One can overcome the custodial bias by studying investments or deposits held by tax havens rather than only considering wealth held by non-haven offshore (which ... Apr 13, 2021 ... The Offshore Leaks, Panama Papers, Bahamas Leaks, and Paradise Papers are included in this study. We analyze the leaks as separate exogenous ... Jun 14, 2023 ... Our paper tests the hypothesis that information capacity facilitates fiscal capacity – that the modern tax state is in part enabled by the ... Jul 14, 2024 ... ... offshore financial centers—started to automatically exchange bank information with foreign tax authorities. ... A tax haven offers foreign ... Oct 3, 2024 ... ... information has closed about 70% of the offshore tax gap. ... households held $8.4 billion (45.7 billion DKK) in offshore wealth in tax havens in ... Aug 1, 2006 ... ... offshore tax shelters would increase the total still further. Id ... informational tax returns with the IRS, and provide information ...