Selected update
Updated: 08/2015 Parameter update history
| Effectiveness: | 0%
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|---|---|
| Progression: | 0%
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| Media report a problem but nothing is being done |
Provision of offshore services is an unregulated business activity. Advisory services regarding diversion of public money and corporate tax avoidance by shifting of profit and other sources to tax havens is not subject to any legal rules.
Compared to current state
Updated: 01/2016 Parameter update history
| Effectiveness: | 0%
|
|---|---|
| Progression: | |
| The solution is being discussed in the public |
Provision of offshore services is an unregulated business activity. Advisory services regarding diversion of public money and corporate tax avoidance by shifting of profit and other sources to tax havens is not subject to any legal rules. However, following the EU latest proposals on fighting corporate tax avoidance a public expert discussion on how to limit provision of offshore services to companies benefiting from public funds is taking up.