Avoiding fiscality by offshore operations
The reduction of the financial resources, as an effect of the international economic and financial crisis and the generalized economic contraction, caused a series of debates regarding offshore transactions developed in locations recognized as fiscal paradises. There are opinions according to which fiscal paradises stand in difficulty in matters of accepting their function among the so called privileged countries. This standpoint is argued considering that lately they are confronting an unequal competition with the governments affected by the migration of the financial fluxes towards the states which hold an attractive financial system. The financial capital which flows through these types of operations and locations reaches impressive numbers which affect the global financial balance.
The process of monitoring the ones who avoid to pay taxes by resorting to this mode of fiscal expression is difficult, but it may become a easy action considering that countries regarded as fiscal paradises, such as Switzerland, Austria, Hong Kong or Singapore, have expressed their approval for relaxing the rules referring to banking confidentiality. These states gave in to the international communities’ pressure and accepted the global standards regarding the transparency of the banking operations. Things are working out, however only partially considering that countries which accept these types of operations are still concerned to protect the investors’ identity.
1. Merrill Lynch.
2. Companiile offshore sunt firme înregistrate în state sau jurisdicţii unde sistemul fiscal nu prevede perceperea de impozite sau impozitele sunt foarte scăzute. Aceste socitatăţi nu desfăşoară activităţi pe teritoriul unde sunt înregistrate fiind considerate paradisuri fiscale, iar din punct de vedere juridic sunt considerate societăţi străine.
3. The Independent(aprilie 2009)
4. comisarul european pentru impozitare si uniune vamala, Laszlo Kovacs
5. Idem.
6. The Independent.
7. Grecia, de exemplu, ar putea colecta mai mulţi bani la buget dacă ar reuşi să reducă o parte din economia subterană, care a reprezentat în anul 2007 circa 25% din Produsul Intern Brut, potrivit lui Friedrich Schneider, profesor la Universitatea Johannes Kepler din Linz, Austria.
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