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- Title
TAX-HAVEN COMPANIES.
- Authors
Oana, Mihăilă Carmen; Mihaela, Teacă
- Abstract
Tax haven companies have extremely different configurations and sizes. Some are incorporated as mutual associations, others as joint-stock companies. A captive company performs the functions of a traditional insurance company (submission, documentation, legal positions, trading, investment, damage settlement, etc) but some of them are actually transferred to foreign experts or advisers. The most important advantage of such companies is the anonymity and the secrecy that come along.
- Subjects
INSURANCE companies; MUTUAL holding companies; FINANCIAL institutions; TAX havens; TAX exemption; INVESTMENTS; COMPETITIVE advantage in business; BUSINESS size; FOREIGN executives
- Publication
Annals of the University of Oradea, Economic Science Series, 2008, Vol 17, Issue 2, p772
- ISSN
1222-569X
- Publication type
Article