Mobile people, mobile capital and tax neutrality: Sustaining a market for Offshore Finance Centres

Accounting Forum

Volumn 29, Issue 3 SPEC. ISS., 2005, Pages 289-310

  Rawlings, Gregory ^a  

^a AUSTRALIAN NATIONAL UNIVERSITY   (Australia)

Author keywords

Global political economy; Harmful tax competition; Offshore financial centres; Tax havens

Indexed keywords

EID: 20144385007     PISSN: 01559982     EISSN: 14676303     Source Type: Journal    
DOI: 10.1016/j.accfor.2005.03.005     Document Type: Article

References (50)

1. J.P. Abbott Mahathir, Malaysia and the Labuan international offshore financial centre: treasure island, pet project or ghost town? M.P. Hampton J.P. Abbott Offshore finance centres and tax havens: the rise of global capital 1999 Macmillan Basingstoke
2. Allsopp, R. (2004a, 22 January). Praise from the Square Mile. The Guernsey Press and Star, p. 7.
3. Allsopp, R. (2004b, 3 February 2004). Finance not the reason for jobless rise. The Guernsey Press and Star (available on http://www.thisisguernsey.com/).
4. British Broadcasting Corporation (BBC). (2003, 3 November). More finance jobs to go. London.
5. J. Braithwaite, Y. Pittelkow, and R. Williams Tax compliance by the very wealthy: red flags of risk V. Braithwaite Taxing democracy: understanding tax avoidance and evasion 2003 Ashgate Burlington
6. J. Christensen, and M.P. Hampton A legislature for hire: the capture of the state in Jersey's offshore finance centre M.P. Hampton J.P. Abbott Offshore finance centres and tax havens: the rise of global capital 1999 Macmillan Basingstoke
7. C.B. Cloyd, L.F. Mills, and C.D. Weaver Firm valuation effects of the expatriation of U.S. corporations to tax haven countries The Journal of the American Taxation Association 25 Suppl. 2003 87 109
8. M.F. Cuéllar The tenuous relationship between the fight against money laundering and the disruption of criminal finance The Journal of Criminal Law & Criminology 93 2-3 2003 311 466
9. C. Doggart Tax havens and their uses: research report 2002 ed. 2002 The Economist Intelligence Unit London
10. J. Duursma Fragmentation and the international relations of micro-states: self-determination and statehood 1996 Cambridge University Press Cambridge
11. L. Eden, and R.T. Kudrle Tax havens: renegade states in the international tax regime? Law and Policy 27 1 2005 100 127
12. Errico, L. & Musalem, A. (1999). Offshore banking: an analysis of micro and macro prudential issues, IMF working paper WP/99/5. Washington, DC: The International Monetary Fund (IMF).
13. European Commission (EC). (2001). Commission adopts new proposal on taxation of cross-border savings income IP/01/1026. Brussels: EC.
14. European Commission (EC). (2003). Taxation: commission welcomes adoption of package to curb harmful tax competition. Brussels: EC (available on http://europa.eu.int/pol/tax/index_en.htm).
15. C. Geertz The interpretation of cultures: selected essays 1973 Basic Books New York
16. G.P. Gilligan Whither or wither the European Union savings tax directive? A case study in the political economy of taxation Journal of Financial Crime 11 1 2003 56 72
17. M.P. Hampton The offshore interface: tax havens in the global economy: the rise of global capital 1996 MacMillan Press and St. Martin's Press Houndmills and New York
18. M. Hampton, and J. Christensen Offshore pariahs? Small island economies, tax havens and the re-configuration of global finance World Development 30 9 2002 1657 1673
19. International Monetary Fund (IMF). (2002, August). Andorra: assessment of the supervision and regulation of the financial sector. Washington, DC: International Monetary Fund (IMF).
20. International Monetary Fund (IMF). (2003a, August). Vanuatu assessment of the supervision and regulation of the financial sector, Vol. I: Review of financial sector regulation and supervision. Washington, DC: International Monetary Fund (IMF).
21. International Monetary Fund (IMF). (2003b, October). Guernsey: assessment of the supervision and regulation of the financial sector, Vol. 1: Review of Financial Sector Regulation and Supervision. Washington, DC: International Monetary Fund (IMF).
22. International Monetary Fund (IMF). (2003c, October). Mauritius: financial system stability assessment, including reports on the observance of standards and codes on the following topics: banking supervision, payment systems, monetary and financial policy and anti-money laundering. Washington, DC: International Monetary Fund (IMF).
23. International Monetary Fund (IMF). (2004). Review of financial sector regulation: Samoa. Washington, DC: International Monetary Fund (IMF).
24. M.K. Lewis International banking and offshore finance: London and the major centres M.P. Hampton J.P. Abbott Offshore finance centres and tax havens: the rise of global capital 1999 Macmillan Basingstoke
25. Lomas, U. (2003). Europe's low-tax territories watch and wait (available on http://www.tax-news.com/asp/story/story_print.asp?/storyname=10586).
26. G.E. Marcus The fiduciary role in American family dynasties and their institutional legacy: from the law of trusts to trust in the establishment G.E. Marcus Elites: ethnographic issues 1983 University of New Mexico Press Albuquerque
27. B. Maurer Repressed futures: financial derivatives theological unconscious Economy and Society 31 1 2002 15 36
28. Monetary Authority of Singapore (MAS). (2004). Monetary authority of Singapore annual report 2003/2004. Singapore: Monetary Authority of Singapore.
29. Merrill Lynch, Gap Gemini Ernst & Young. (2002). World wealth report 2002. New York: Merrill Lynch, Gap Gemini Ernst & Young.
30. Oliphant, M. (2004, 1 December 2004). Jobless total 'not a worry', The Guernsey Press and Star (available on http://www.thisisguernsey.com/).
31. Organisation for Economic Cooperation and Development (OECD). (1998). Harmful tax competition: an emerging global issue. Paris: OECD Forum on Harmful Tax Practices.
32. Organisation for Economic Cooperation and Development (OECD). (2000). Towards global tax co-operation: report of the 2000 ministerial council meeting and recommendations by the committee on fiscal affairs: progress in identifying and eliminating harmful tax practices. Paris: OECD Forum on Harmful Tax Practices.
33. Organisation for Economic Cooperation and Development (OECD). (2002). List of unco-operative tax havens (as of 18 April 2002). Paris: OECD Forum on Harmful Tax Practices.
34. Organisation for Economic Cooperation and Development (OECD). (2003). Vanuatu makes commitment and is removed from OECD list of unco-operative tax havens. Paris: OECD Forum on Harmful Tax Practices (available on http://www.oecd.org/document/41/0,2340,en_2649_33745_2512553_1_1_1_37427,00. html).
35. Organisation for Economic Cooperation and Development (OECD). (2004). The OECD's project on harmful tax practices: the 2004 progress report. Paris: OECD Forum on Harmful Tax Practices.
36. R. Palan The offshore world: sovereign markets, virtual places, and nomad millionaires 2003 Cornell University Press Ithaca
37. PriceWaterhouseCoopers (Luxembourg). (2003). European council adopts the savings directive. Luxembourg: Price Waterhouse Coopers (available on http://www.pwcglobal.com/lu/eng/ins-sol/issues/bn_eusavings_june03.html).
38. G. Rawlings Laws, liquidity and eurobonds: the making of the Vanuatu tax haven The Journal of Pacific History 39 3 2004 325 341
39. Riley, B. (2003, 28 November). Resilience in adversity: finance industry - individual customers are still welcomed but there is drive towards corporate areas. Financial Times.
40. S. Roberts Confidence men: offshore finance and citizenship M.P. Hampton J.P. Abbott Offshore finance centres and tax havens: the rise of global capital 1999 Macmillan Basingstoke
41. P. Sikka The role of offshore financial centres in globalization Accounting Forum 27 4 2003 365 399
42. States of Guernsey. (1987). The Financial Services Commission (Bailiwick of Guernsey) Law 1987. St Peter Port, States of Guernsey.
43. States of Guernsey. (2002). Agreement between the Government of the States of Guernsey and the Government of the United States of America for the exchange of information relating to taxes. St. Peter Port, States of Guernsey.
44. States of Guernsey. (2003). 2003 Guernsey Facts and Figures. St. Peter Port, States Advisory and Finance Committee, Policy and Research Unit, States of Guernsey.
45. M.A. Sullivan U.S. multinationals move more profits to tax havens Tax Notes International 33 2004 February 16 589 593
46. J. Tallberg Paths to compliance: enforcement, management, and the European Union International Organization 56 2002 609 643
47. The Guernsey Press and Star. (2004, 22 January). City's view is encouraging. The Guernsey Press and Star, p. 16.
48. United States of America. (2001, 24 October). Uniting and strengthening American by providing appropriate tools required to intercept and obstruct terrorism (USA PATRIOT ACT) Act of 2001. H.R. 3162. Washington, DC: The Senate and House of Representatives of the United States of America in Congress Assembled.
49. United States Department of the Treasury. (2001). Treasury secretary O'Neill statement on OECD Tax Havens. The Office of Public Affairs for Immediate Release May 10, 2001 PO-366. Washington, DC: US Department of the Treasury.
50. A. van Fossen Money laundering, global financial instability, and tax havens in the Pacific Islands The Contemporary Pacific: A Journal of Island Affairs 15 2 2003 237 275