UDC 339.942

OFFSHORE JURISDICTION STATE REGULATION: AN INTERNATIONAL LEGAL ASPECT

Koroluk Timur Denisovich
Tyumen State University
undergraduate student

Abstract
The paper contemplates the international - legal aspects of regulation of offshore companies. Author carefully analyzes offshore companies their concept, distinctive features and basic schemes of their use as a tool for tax evasion. Then, author provides international practice on combating the misuse of low-tax jurisdictions. Relevance of under review question is generated by raising presidential and governmental concern due to galloping pace of capital outflows from Russia and the state budget profits shortfall. In conclusion, some exact measures on Russian economy deoffshorisation are provided.

Keywords: combating tax evasion, deofshorisation, international cooperation, legal regulation, offshore jurisdictions


Category: 08.00.00 Economics

Article reference:
Offshore jurisdiction state regulation: an international legal aspect // Modern scientific researches and innovations. 2014. № 2 [Electronic journal]. URL: http://web.snauka.ru/en/issues/2014/02/31134

View this article in Russian

Sorry, this article is only available in Русский.



Artice view count: Please wait

All articles of author «Королюк Тимур Денисович»


© If you have found a violation of copyrights please notify us immediately by e-mail or feedback form.

Contact author (comments/reviews)

Write comment

You must authorise to write a comment.

Если Вы еще не зарегистрированы на сайте, то Вам необходимо зарегистрироваться:
  • Register