Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Beneficial ownership --- Stock ownership --- Disclosure of information --- Law and legislation.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

"This authoritative book provides a structural, global view of evolving judicial and doctrinal trends in the understanding of beneficial ownership in international taxation. Despite attempts by the OECD to clarify the concept, it remains ambiguous to tax authorities, courts and scholars alike, which has detrimental effects on the functioning of tax treaties. Błażej Kuźniacki presents a route towards an international autonomous meaning of beneficial ownership in international taxation, while also offering a comprehensive explanation of the divergent understandings and tax policy arguments underpinning its continuing ambiguity. Key Features: - Guidance towards solving definitional disputes between taxpayers and tax authorities - Discussion of ground-breaking judgments in cases on beneficial ownership from various jurisdictions across the world - Comprehensive reflection of tax law in action, particularly in respect of outbound investments that trigger transborder payments of dividends, interest and royalties - Clear demarcation between appropriate and inappropriate usage of beneficial ownership by authorities and courts when addressing the issue of abuse of tax treaties and EU Directives Beneficial Ownership in International Taxation will be a crucial resource for lawyers specialising in international taxation, tax practitioners and accountants, along with officials at tax authorities and judges hearing cases in this area. It will also be useful for policy makers working on cross-border taxation, and scholars and students researching international tax law"--

International business enterprises --- Conflict of laws --- Double taxation. --- Beneficial ownership. --- Taxation --- Law and legislation. --- Taxation.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Beneficial ownership --- Shell companies --- Financial institutions --- Money laundering --- Terrorism --- Private companies --- Government policy --- Prevention. --- Finance --- Corrupt practices --- United States.

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Publication of the so-called 'Panama Papers' focused public interest on how certain politicians, celebrities, and other elites may have used elaborate corporate structures and offshore tax havens to conceal their beneficial ownership of companies and obscure their personal assets. Rather than taking the Panama Papers as an indication of the need for more and stricter disclosure and reporting rules, this paper advocates an alternative approach. We need to start by acknowledging that many companies are currently experiencing "disclosure and reporting fatigue", in which the constant demand for 'more' and 'better' transparency and reporting is having the unintended effect of promoting indifference or evasiveness. The practice of disclosure and reporting is widely perceived as an obligation to be fulfilled and not as an opportunity to add value to a firm. This is confirmed by the findings of an empirical study conducted by the authors of this paper that examines how disclosure rules operate in practice across various jurisdictions. The key takeaway of the study is that-even in jurisdictions that have a robust disclosure regime-the majority of firms engage in 'grudging' or 'boilerplate' compliance, in which ownership and control structures are not adequately revealed in an accessible way and, perhaps more importantly, the impact of these ownership and control structures on the governance of a company is obscured. In this paper the authors advocate an approach based on the current communication strategy of a minority of firms in their sample-firms that engage in what the authors characterize as 'open communication.' These firms present information on control structures-and their effect on governance-in a direct, accessible, and highly personalized manner. Such firms seem to recognize the commercial and other strategic benefits to be gained from open communication. The paper explores the implications of such an approach for both business and regulators.

Accountability --- Beneficial Ownership --- Corporate Governance --- Corporate Governance and Corruption --- Corporate Law --- Corruption & anticorruption Law --- Disclosure --- Governance --- Law and Development --- National Governance --- Private Sector Development --- Transparency

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

"This book explores the concept of beneficial ownership in equity law, and in the domestic tax laws of the United Kingdom, Canada and the United States; as well as its varied and increasing uses in international tax law. By analysing the evolution of beneficiary rights in equity and the use of beneficial ownership wording in tax law, the book draws a roadmap for dealing with beneficial ownership in tax law and international tax law. This approach highlights those common misconceptions that can be avoided by understanding the origins of the concept and its engagement with equity, as well as the differences with tax law. However, the book does not limit itself to dealing with theoretical discussion, but also offers an instructive and detailed practical case study. Offering both academic commentary and a practitioner focus, the book will be of the utmost interest to practitioners and scholars from common and civil law countries dealing with tax and estate law, particularly given beneficial ownership's increasing relevance"--

Double taxation --- מיסוי כפול --- Double taxation conventions --- Gifts --- Income tax --- Inheritance and transfer tax --- Tax treaties --- Taxation --- International business enterprises - Taxation - Law and legislation --- Double taxation - Treaties --- International business enterprises --- Double imposition --- Law and legislation. --- Traités. --- Treaties. --- Beneficial ownership --- Entreprises multinationales --- Impôts --- Droit --- Propriété bénéficiaire --- Law and legislation