The existing 'international tax regime' derived from the international tax treaties network and from unilateral domestic legislation of the world's nations. Among several unintended byproducts, the current 'tax regime' enables situations of double non-taxation and tax evasion. The most...

Due to advances in technology like mobile applications and online platforms, millions of American workers now earn income through “gig” work, which allows them the flexibility to set their own hours and choose which jobs to take. To the surprise of many gig workers, the tax law considers...

The existing double taxation agreement between the United Kingdom of Great Britain and Northern Ireland and the Polish People's Republic (signed back in 1976 amidst a political and economic détente promoted by the relatively liberal and progressive – on a COMECON scale – communist...

Among government agencies, the IRS likely has the surest legal claim to the most information about the most Americans:their hobbies, religious affiliations, reading activities, travel, and medical information are all potentially tax relevant. Privacy scholars have studied the arrival of Big...

The paper highlights the interaction between the underground economy and corruption, focusing on the regional dimensions of the problem in south-eastern Europe. It discusses the theoretical approach to underground economic activities and focuses on the determinants of the Greek economy, the tax...

Innovations in finance and information technology have radically reduced transaction costs, thereby stimulating the globalization of goods, services and capital. Capital mobility, the growth of multinational corporations, high frequency trading, complex financial instruments, and global equity...

Offshore financial centres (OFCs) are alleged to be hotbeds of tax evasion. Their role in facilitating individual and corporate tax planning, which is entirely legal but politically controversial, has also come under the spotlight. However, OFCs play an important economic function. By mitigating...

This article will be a separated into a three-part series that will appear in the July, August and September editions of Taxes – The Tax Magazine. The article will address the new reporting and withholding regime imposed upon foreign financial institutions and nonfinancial foreign entities,...

The global economic recession can be successfully checked and reversed if this new and common economic system, solely operated by banks, is adopted and implemented by all nations. The availability of resources and capital flows, needed for economic recovery, is the self-priming character of this...