1 result for tag: Worldwide


The Global Governmental Crusade Against Cross-Border Tax Effectiveness

Business owners and individual taxpayers are constantly in a natural tug-of-war with governments and their tax authorities. It is well understood that the world's oldest profession isn't the one they reference in movies and school textbooks but more likely is tax evasion. While tax evasion is illegal, wrong, and in some countries is even a capital crime, tax avoidance is universally legal, moral, ethical, and prudent. Of course, the difference between avoidance and evasion is frequently in the eye of the beholder. A revenue officer far too frequently sees evil whereas the taxpayer sees smart structuring. While there are ...