scholarly journals THE LINK BETWEEN ACCOUNTING AND FISCAL EVASION

2008 ◽  
pp. 44
Author(s):  
Silvia Lăzărescu (Marinescu)
Keyword(s):  
Tax Evasion ◽  
Swot Analysis ◽  
Underground Economy ◽  
Competitive Environment ◽  
Fair Play ◽  
The Real ◽  
Creative Accounting ◽  
Tax Systems ◽  
Fiscal Manipulation

In the literature, controversies have arisen concerning the link between accounting and fiscal evasion, which are the object of debates among specialists from different specialized organizations from many countries. Under the term of “creative accounting”, the American and European tax systems have made up an ensemble of accounting mechanisms and also of fiscal manipulation which increased the interest and involvement of the states in the mitigation of such fraud risks and fiscal subterfuges whose percentage in the countries’ GDP varies from 8 to 80%. Starting from the SWOT analysis of tax evasion in the real and underground economy, the specialists of the liberal trades are called to join the fight against fiscal fraud and share their professionalism in creating a real competitive environment characterized by fair play.

Assessing the Cum-Ex Trade

2020 ◽  
pp. 177-192
Author(s):  
Richard S Collier
Keyword(s):  
Tax Evasion ◽  
Tax Avoidance ◽  
The State ◽  
Financial Loss ◽  
The Real ◽  
The Media ◽  
Tax Systems

This chapter examines how the cum-ex transaction has been assessed to date before arguing that those assessments reflect a limited understanding of the real complexity and wider causes and implications of schemes such as the cum-ex trade. The reaction to cum-ex in the media and in political circles has focused on the scale of financial loss to the state and on the culpability of the individuals involved. This response to cum-ex involves relatively little focus on the nature of the transaction itself or how it came about. However, this chapter raises wider questions as to what transactions like cum-ex tell us about the nature of banks and inter-bank market activities, and what they reveal about tax systems. The chapter also explains what is meant by talking of bank ‘misconduct’, and considers the problematic distinction between tax avoidance and tax evasion.

Does Financial Fair Play Matter? The Real Effects of UEFA Regulation for European Football Clubs

2019 ◽  
Author(s):  
Ariela Caglio ◽  
Sébastien Laffitte ◽  
Donato Masciandaro ◽  
Gianmarco I.P. Ottaviano
Keyword(s):  
Fair Play ◽  
The Real ◽  
Real Effects ◽  
Financial Fair Play ◽  
Football Clubs ◽  
European Football

scholarly journals Challenges For Tourism: A Changing Paradigm

2012 ◽  
Vol 11 (13) ◽  
pp. 1483
Author(s):  
Maria Cordente-Rodriguez ◽  
Juan-Antonio Mondejar-Jimenez ◽  
Agueda Esteba Talayan
Keyword(s):  
Economic Situation ◽  
Competitive Environment ◽  
Value For Money ◽  
Tourist Destination ◽  
Market Strategy ◽  
The Real ◽  
Tourism Product ◽  
The Future ◽  
Tourism Activity ◽  
The Town

The present environment is characterized for the uncertainty and crisis, and the existence of threats and dangers in the society and in the tourist sector for the survival of companies in the market. In addition, apart from changes in the economic situation, changes in demand occur in terms of new wants and needs, obliging suppliers to adapt to them in order to survive in times of a highly competitive environment and a difficult economic situation, when the key is not just attracting visitors, but also satisfying them in order to gain their loyalty. So the real threat is the lack of response to changing situations. The Spanish tourist sector is pressured by various threats such as the need to improve the competitiveness of destinations and products, make the industry more professional, encourage new forms of marketing and promotion, or change the sales model. Therefore, businesses must adapt to these changes and respond to them, strengthen the confidence of customers, who seek to obtain the optimum value for money. The objective of this paper is to evaluate the tourism activity in the town of Cuenca in the period 2005 to 2009, focusing the analysis on how supply changed to adapt to the requirements of demand. The aim being to evaluate their and correct errors, and design the actions of the future. That is to say, create an appropriate market strategy to promote the tourism product and ensure the idea of a consolidated tourist destination.

scholarly journals IF IT IS THE TOPIC OF THE RESEARCH OF THE INFORMAL ECONOMY

2018 ◽  
Author(s):  
Ionel BOSTAN
Keyword(s):  
Informal Economy ◽  
Tax Evasion ◽  
Publishing House ◽  
Underground Economy ◽  
Measurement Issues ◽  
Journalistic Field

21 years ago I published the book Informal Economic Environments, published at the BIT Publishing House (Iasi, RO), which addressed what we considered then to be the underground economy. At that moment it was appreciated that the approach was harsh, given that "recognized personalities in the economic or journalistic field have approached such problems only in a sequential manner" (V. Codreanu, in the Preface). The same precursor notes that "Approaching the mechanisms of the underground economy and understanding their functioning is not intended to ensure its removal (perhaps, at most, its limitation), but will certainly make it easier to obtain more realistic assessments and knowledge of several aspects of it". With the sources of documentation at that time, we dealt with issues such as the identification elements of the informal economy, an overview of it, the measurement issues and the magnitude (in Romania and worldwide). When I approached the Fraud and Tax Evasion, I made a presentation of it, while also presenting the existing motivations and the extent.

Complexity, Corruption, and Tax Evasion

2020 ◽  
pp. 160-178
Author(s):  
Vito Tanzi
Keyword(s):  
Income Inequality ◽  
Tax Evasion ◽  
Anglo Saxon ◽  
Contributing Factors ◽  
The Past ◽  
Tax Laws ◽  
Tax Returns ◽  
Tax Systems ◽  
Determining Factor ◽  
Laws And Regulations

This chapter explores the various links that exist between growing complexity, corruption, and tax evasion. Over the past three decades corruption and tax evasion seem to have increased in many countries. The growing complexity of tax systems that now require thousands of pages of laws and regulations has clearly been a determining factor. Tax laws have become increasingly difficult to interpret and to comply with. This has created an important asymmetry between clever and rich individuals who have the means to hire tax experts to prepare their tax returns and the rest. This asymmetry has also convinced many taxpayers, especially in Anglo-Saxon countries, that their taxes are higher than they actually are. The complexity and its impact on the taxpayers is likely to have been a contributing factors to the growing income inequality that has characterized recent years.

Developing Strategies For Competitive Advantage

2011 ◽  
pp. 32-60
Author(s):  
Tamio Shimizu ◽  
Marley Monteiro de Carvalho ◽  
Fernando Jose Barbin
Keyword(s):  
Competitive Advantage ◽  
Competitive Strategy ◽  
Emerging Technologies ◽  
The Other ◽  
Competitive Environment ◽  
Strategic Groups ◽  
Industry Analysis ◽  
Competitive Strategies ◽  
The Real ◽  
Developing Strategies

As in any game, the success of competitive strategies depends on knowing the rules as well as the other players. Nevertheless, in the real competitive environment, the rules are not always clear and can change very quickly, demanding quick responses and making it increasingly difficult to map the moves of the main players. Strong monitoring channels must be maintained to follow changes in the competitive environment and to discern new trends. Changes in the environment can result from emerging technologies or changes in society’s behavior, and thus in clients’ demands. They can also be the result of competitors’ moves in the market. Thus developing a good competitive strategy depends on mapping the environment and constantly monitoring it to be able to capitalize quickly on opportunities or neutralize threats. The focus of this chapter is on mapping the environment. It will show the main aspects of the model for industry analysis and explain the process of forming strategic groups and pressure maps.

scholarly journals Study On Budget Revenue Collection, Shadow Economy and Tax Losses Caused By It

2017 ◽  
Vol 27 (2) ◽  
pp. 1-18 ◽  
Author(s):  
Claudia Florina Radu ◽  
Florin Cornel Dumiter ◽  
Lavinia Dudas ◽  
Stefania Master Jimon
Keyword(s):  
Tax Evasion ◽  
Shadow Economy ◽  
Tax Avoidance ◽  
Underground Economy ◽  
Tax Burden ◽  
Revenue Collection ◽  
The Law ◽  
Necessary Evil ◽  
Budget Revenue

Abstract Tax avoidance is a phenomenon faced by all countries, to a lesser or greater extent, and we can say that it has begun to manifest itself since the introduction of taxes. It is known that generally taxes are not pleasing to taxpayers, especially when their level is high. However, it is important for individuals, as a whole, not to evade from their tax obligations. In this context taxes can be regarded as a necessary evil to ensure the resources needed for state functioning. But often some taxpayers are looking for ways to avoid taxes, engaging either in tax evasion to the shelter of the law or in fraudulent evasion. In this paper we present some of the aspects that motivate individuals to pay taxes. Also we analyze the situation of budgetary revenues in Alba County and also the evolution of the main income of consolidated general budget in Romania. In the end of the paper we intend to draw a parallel between shadow economy, tax burden and tax losses due to shadow economy for a sample of 32 countries. In this way we can see where underground economy and tax losses have the highest values and where are required measures to mitigate them.

Tax evasion and the size of the underground economy

1994 ◽  
Vol 54 (3) ◽  
pp. 391-402 ◽  
Author(s):  
Young H. Jung ◽  
Arthur Snow ◽  
Gregory A. Trandel
Keyword(s):  
Tax Evasion ◽  
Underground Economy

Introduction to the Special Issue on Tax Evasion and the Underground Economy

2012 ◽  
Vol 42 (2) ◽  
pp. 131-132
Author(s):  
Michael Pickhardt ◽  
Aloys Prinz ◽  
Benno Torgler
Keyword(s):  
Tax Evasion ◽  
Underground Economy ◽  
Special Issue

scholarly journals Corruption, complexity and tax evasion

2018 ◽  
Vol 13 (6) ◽  
pp. 36-53
Keyword(s):  
Tax Evasion ◽  
Tax Avoidance ◽  
Past Century ◽  
Government Programs ◽  
The Past ◽  
Tax Complexity ◽  
Tax Systems ◽  
The Many ◽  
Tax Changes ◽  
Global Financial System

Tax evasion is facilitated by corruption, and corruption is facilitated by tax complexity. This article argues and presents evidence that tax systems have become far more complex than they need to be. The growth of public sector operations over the past century was accompanied by higher and more complex taxes, higher public spending, many new government programs, and an increasing involvement by governments in the functioning of the countries’ economies and in the activities of citizens. It has created a great deal of complexity in public sectors, and a fertile field for corruption, tax evasion or tax avoidance, and abuses in some government programs. The more governments relied on tax systems to pursue an increasing number of social and economic objectives, the more complex the tax systems became and the greater were the opportunities created for some taxpayers to get around the system. Complexity also encourages the growing army of lobbyists to push for small tax changes advantageous to their clients, causing tax systems to become increasingly more complex. In addition, it increases the costs of administering tax systems and of complying with the many tax obligations. To what extent tax systems have become fertile for corruption and tax evasion is likely to depend on cultural characteristics of countries among other factors. Globalization has opened new doors and new opportunities for individuals and corporations who operate, or can operate, globally to exploit the new tax-avoiding possibilities created by globalization and a global financial system. Nevertheless, complexity is not inevitable. It could, however, be reduced, as the experience of some countries has shown

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