Cristiana Bulbuc (Joseph Hage Aaronson) considers when tax planning spills into unacceptable practices.
The difference between tax avoidance and tax evasion has been well documented; therefore this article will not deal with such matters. However for the sake of completeness tax evasion typically involves structures that are unlawful from a tax and private law perspective normally involving an element of dishonesty whereby taxpayers illegally manipulate or escape their tax liabilities that arise under a country’s law. Tax planning tax avoidance and aggressive tax planning on the other hand are a bit trickier to define. It is a reality usually ignored by the mainstream media that many taxpayers these days are not confined to operating simply within a single domestic tax system. Cross border activities are a norm. Consequently it is also a norm to structure one’s tax affairs across more...
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Home >Articles > Where is the dividing line between acceptable and unacceptable tax planning for corporates?
Where is the dividing line between acceptable and unacceptable tax planning for corporates?
Cristiana Bulbuc (Joseph Hage Aaronson) considers when tax planning spills into unacceptable practices.
The difference between tax avoidance and tax evasion has been well documented; therefore this article will not deal with such matters. However for the sake of completeness tax evasion typically involves structures that are unlawful from a tax and private law perspective normally involving an element of dishonesty whereby taxpayers illegally manipulate or escape their tax liabilities that arise under a country’s law. Tax planning tax avoidance and aggressive tax planning on the other hand are a bit trickier to define. It is a reality usually ignored by the mainstream media that many taxpayers these days are not confined to operating simply within a single domestic tax system. Cross border activities are a norm. Consequently it is also a norm to structure one’s tax affairs across more...
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