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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
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Paper Title:	Economic consequences of tax havens on global tax Revenues
Authors Name:	Rakesh Kumar Rai
Unique Id:	IJSDR2103127
Published In:	Volume 6 Issue 3, March-2021
Abstract:	Tax havens, characterized by low tax rates and strict financial secrecy, significantly impact global tax revenues. They facilitate profit shifting, causing annual global losses of $500-600 billion, with developing countries losing $200 billion. This exacerbates inequality, distorts economic decisions, and hinders development. Addressing these challenges requires international cooperation to enhance transparency and fairness in global taxation.
Keywords:	Tax Havens, Profit Shifting, Global Tax Revenues, International Cooperation.
Cite Article:	"Economic consequences of tax havens on global tax Revenues", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.6, Issue 3, page no.769 - 772, March-2021, Available :http://www.ijsdr.org/papers/IJSDR2103127.pdf
Downloads:	000346996
Publication Details:	Published Paper ID: IJSDR2103127 Registration ID:212020 Published In: Volume 6 Issue 3, March-2021 DOI (Digital Object Identifier): Page No: 769 - 772 Publisher: IJSDR \| www.ijsdr.org ISSN Number: 2455-2631

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