Minimum Global Effective Corporate Tax Rate: The American Citizenship and Leadership Responsibility

Azam, Rifat

doi:10.2139/ssrn.2742126

Cited by 1 publication

(2 citation statements)

References 43 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…this resolution was to provide a legislative proposal introducing a mandatory disclosure requirement for intermediaries 4 concerning complex mechanisms and special services related to particular States included on the EU list of tax havens and non-cooperative jurisdictions 5 are designed for and being used by clients to facilitate tax evasion, tax fraud, money laundering or terrorist financing.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Mandatory Automatic Exchange of Information in the Field of Taxation in Relation to Reportable Cross-Border Arrangements. Analysis of the EU Directive 6804/18

Zambardino

2019

jcl

View full text Add to dashboard Cite

The necessity for a mandatory disclosure obligation for intermediaries who project cross-borderschemes for their clients, that involve routing assets to or through offshore entities, is very felt atinternational level, especially in consequence of the recent scandals that highlighted phenomenaof tax evasion/elusion - in particular, “Panama Papers” and “Paradise Papers”. These complexcross-border schemes facilitate tax evasion, tax fraud and money laundering, because each taxjurisdiction evaluates a part of the system within its borders.Considering this scenario, the EU Directive 6804/18 was introduced to provide a set of rulesrelated to the counter of tax avoidance/evasion phenomena and increasing levels of transparencywith regard to the exchange of information between the authorities of the Member States withinthe Union. From the moment of its enforcement, the Directive obliges intermediaries, proposingand commercializing transnational financial schemes to their clients, with the purpose tofacilitate tax avoidance, to report the establishment of such mechanisms to the tax authorities ofthe Member State to which they belong. In turn, the authorities of the aforementioned EUMember States will be compelled, as stated from the Directive, to exchange this information witheach other authorities, in order to increase control over the activities of consultants and taxplanners, regardless of the imminent possibility of a real risk.

show abstract

Section: Introductionmentioning

confidence: 99%

“…Last visited 05/06/2018. 4 According to the definition given by the OECD, there are two principal groups of tax intermediary: tax advisers and banks and other financial institutions. (iii)…”

Section: Introductionmentioning

confidence: 99%

Mandatory Automatic Exchange of Information in the Field of Taxation in Relation to Reportable Cross-Border Arrangements. Analysis of the EU Directive 6804/18

Zambardino

2019

jcl

View full text Add to dashboard Cite

show abstract

Minimum Global Effective Corporate Tax Rate: The American Citizenship and Leadership Responsibility

Cited by 1 publication

References 43 publications

Mandatory Automatic Exchange of Information in the Field of Taxation in Relation to Reportable Cross-Border Arrangements. Analysis of the EU Directive 6804/18

Mandatory Automatic Exchange of Information in the Field of Taxation in Relation to Reportable Cross-Border Arrangements. Analysis of the EU Directive 6804/18

Contact Info

Product

Resources

About