| Autor: |
Scarfone, Joseph, Kerr, Madison |
| Předmět: |
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| Zdroj: |
Liberated Arts; 2018, Vol. 4 Issue 1, p1-12, 12p |
| Abstrakt: |
Recent financial information leaks including the Panama Papers and the Paradise Papers received widespread international attention, highlighting the practice of tax avoidance and questions about its ethicality. These practices have been extensively examined by governments, independent groups, and the media who have called for action against the practice. This paper examines the Common Reporting Standard produced by the Organisation for Economic Co-operation and Development. More than 100 countries have signed in commitment to the standard with the aim of reducing tax evasion and avoidance worldwide. This paper recognizes that standardization is an important step in combating tax avoidance, but the incomplete cooperation by the United States, inability to enforce compliance, dependency on cooperation with independent financial institutions, and remaining loopholes require that the reporting standards continue to be refined. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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