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An overview of externalities

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Economics at university

Tax havens and multinational firms’ tax avoidance

What is a tax haven? And how do multinational firms use tax havens to reduce their effective tax rates? If tax havens are so harmful, how might they be eliminated? Chris Jones finds out

The Cayman Islands rank high on the Tax Haven Index

tax, public debt, intellectual property, profit, multinational firms

In this article we will briefly define what a tax haven looks like, how a simple tax avoidance scheme works and how policymakers are trying to get to grips with the use of tax havens by multinational firms in the digital age.

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Previous

An overview of externalities

Next

Economics at university

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