Zoekopdracht: subjects: "Economic Development and Trade"
|Titel||Money on the move : the crumbling tax base of developing countries|
|Onderwerp||Economic Development and Trade|
|Trefwoorden||economic development, finance, enterprises|
|Samenvatting||Recent studies show that developing countries find it very difficult to raise sufficient income from taxes. They conclude that more practical research and analysis are needed to rectify the lack of knowledge about this important area, and its implications. Developing countries lower their taxes to attract foreign investment. Rich individuals and multinationals use tax havens to evade taxes. One solution is to impose higher sanctions on companies found guilty of tax fraud, tax evasion or illegal forms of transfer pricing. One author claims that in demanding certain tax reforms, the rich countries are kicking away the development ladder for poor countries by requiring them to do what they themselves never did when they were developing.|
|Rechten||© 2007 IDP. This article has been licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unported license.|