Controlled Foreign Companies (CFC) and Tax Avoidance: International and Comparative Perspectives with Specific Reference to Polish Tax and Constitutio

Opis

The lion's share of global investments are likely being conducted for tax avoidance purposes through controlled foreign companies (CFC) established in tax havens or low tax jurisdictions.

Avoiding tax via CFCs causes several problems, in particular it:

leads to the unfair and unbalanced taxation of income;

may widen the gap between the poorest and the richest, which then further adversely affects sustainable development;

erodes a state's tax base, which undermines the integrity of the tax system; and it

can harm fair competition among enterprises.

Given the negative consequences of tax avoidance via CFCs, the author has worked hard to improve provisions specifically designed to prevent tax avoidance via CFCs – the CFC rules.

As a result of in-depth international and comparative research and analysis, I this book the author sets out proposals amending the CFC rules in a way that would increase a state's ability to effectively prevent tax avoidance schemes, while at the sam