The Dutch occupational pension system has been successful in securing high asset accumulation to fund generous pension promises. However, for the second time in this decade the pension system has been affected by a financial crisis and many pension funds’ assets fell below levels needed to...

Questions have been raised regarding the role of low-tax offshore jurisdictions in the global financial crisis, based largely on evidence that many problematic asset-backed securities were issued from or listed in the Cayman Islands, Jersey, Ireland, and other ‘offshore' sites. However, there...

The article discusses the U.S. federal income tax characterization of equity-flavored debt instruments issued by banks in compliance with bank regulatory rules adopted after the financial crisis of the late 2000's.Banks and other financial institutions must issue financial instruments that...