Tax Havens – NBC Institute

ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

Question

In the words of Benjamin Franklin, “the only things that are certain are death and taxes”. However, in some countries, taxes are not necessarily certain.

Required:
i. Explain briefly the term “Tax Havens”. (4 Marks)
ii. State THREE factors in considering whether a jurisdiction is a Tax Haven. (3 Marks)
iii. State FIVE countries that are Tax Havens. (5 Marks)

Answer

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Tags: International Taxation, Tax Havens, Tax Jurisdiction
Level: Level 3

Topic: International taxation

ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

Question

Tax haven is a state, country, or territory where certain taxes are levied at a low rate or not at all. This has created problems for other countries as their products and services are no longer competitive in international markets. However, various international organizations, governments, and other stakeholders are still handicapped in mitigating or totally eliminating this malaise that is threatening the competitive global market.

You have been invited by a manufacturing outfit to help explain certain issues regarding tax haven in practice.

Required:
a. From the perspective of the Organisation for Economic Co-operation and Development (OECD), explain THREE key factors in deciding whether a jurisdiction is a tax haven or not. (6 Marks)
b. How can a country use its tax jurisdiction to address the issue of competition from a tax haven? (5 Marks)
c. Explain the advantages of and provide the criticisms against tax haven. (9 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: International tax, OECD, Tax Havens
Level: Level 3

Topic: International taxation

ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

Question

In the words of Benjamin Franklin, “the only things that are certain are death and taxes”. However, in some countries, taxes are not necessarily certain.

Answer

Find Related Questions by Tags, levels, etc.

Tags: International Taxation, Tax Havens, Tax Jurisdiction
Level: Level 3

Topic: International taxation

ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

Question

You have been invited by a manufacturing outfit to help explain certain issues regarding tax haven in practice.

Answer

Find Related Questions by Tags, levels, etc.

Tags: International tax, OECD, Tax Havens
Level: Level 3

Topic: International taxation

Question Tag: Tax Havens

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ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

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ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

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ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

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ATAX – May 2017 – L3 – Q4b – International Taxation

Explain the term “Tax Havens”, factors for considering them, and list five countries that are tax havens.

You're reporting an error for "ATAX – May 2017 – L3 – Q4b – International Taxation"

ATAX – Nov 2020 – Q5 – International Taxation

Explain issues regarding tax havens, including key factors and competitive strategies.

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