It is common to summarize the impact of tax havens as a shift of tax revenues from high to low-tax jurisdictions. This chapter discusses the economic impact of tax havens that goes beyond a zero-sum transfer of the tax base, what we label real effects. We review the literature and focus on...

Steuerflucht: ein brisantes, aktuelles und sehr emotionales Thema. Die adrette Schweiz als "Schurkenstaat" und wohlfeile Komplizin globaler Steuerhinterzieher? Im Bann der süßen Versuchung Geld? Bewusst provozierend nehmen die renommierten Schweizer Wirtschaftsjournalisten in Kauf, dass ihr...

In recent years tax authorities worldwide have implemented voluntary disclosure schemes to recover tax on offshore investments. Such Schemes are characterized by the acquisition of non-audit information on offshore holdings, and a subsequent opportunity for affected taxpayers to make a voluntary...