All Posts Tagged With: "OECD"
The New Financial Imperialism
The Britannica Concise Encyclopedia defines imperialism as “the policy of extending a nation’s authority by territorial acquisition or by the establishment of economic and political hegemony over other nations. Because imperialism always involves the use of power, often in the form of military force, it is widely considered morally objectionable, and the term accordingly has [...]
20May2010 | Robert Stewart | 3 comments | ContinuedIn Praise of Tax Havens
According to stereotypes, tax havens are little islands in the Caribbean, and indeed that’s true of some of the world’s premiere offshore centers. But to be more accurate, a tax haven is any jurisdiction that satisfies two criteria: First, its tax laws are attractive to global investors and entrepreneurs, and second, it protects its fiscal sovereignty by choosing not to enforce the bad tax laws of other nations, at least when they are trying to tax economic activity outside their borders. This means, of course, that individuals and businesses from high-tax nations have the option of using those jurisdictions as havens against excessive taxation.
10Jun2009 | Daniel Mitchell | 5 comments | ContinuedHarmful Tax Practices?
David Laband teaches economics at the Forest Policy Center, School of Forestry and Wildlife Sciences, Auburn University. The Organization for Economic Cooperation and Development (OECD), a Paris-based group of 29 governments (including the U.S. government) is demonizing tax havens around the world. Consider this statement from a recent OECD report: “Harmful tax practices may exist [...]
1Oct2000 | David N. Laband | 3 comments | Continued-
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