Switzerland: A Component of European Tax Havens
Switzerland: A Component of European Tax Havens
Author(s): Anișoara BăbălăuSubject(s): Law, Constitution, Jurisprudence, EU-Legislation
Published by: Editura Fundaţiei România de Mâine
Keywords: tax haven; Switzerland; low taxes; high bank secrecy; tax expenditures;
Summary/Abstract: Tax haven is a State (or part thereof) which granted numerous tax breaks, such as no tax or very low tax rates for limited categories of goods and services, plus a high level of bank secrecy and the abolition of restrictions on intra-EU foreign exchange. In multiplied tax havens that can bring difficulties government. Amongst European tax havens include Switzerland, which has a low level of taxation and provides investors and multinational companies can significantly reduce tax expenditures.
Journal: Journal of Law and Public Administration
- Issue Year: IV/2018
- Issue No: 8
- Page Range: 120-123
- Page Count: 4
- Language: English