Taking Away the Tax Effect of Tax Havens. Cross border taxation methods and REVERSE TAX CREDIT

  • All the main techniques used for capital fiight can be grouped into one area – abuse of cross-border regulation. 
  • Tax credit is already an approved method for dealing with revenues cross-border together with withholding taxes.
  • Reverse Tax Credit can use the tax credit principles to deal with costs cross-border and eliminate the “need” for tax havens. 
  • Reverse Tax Credit can be enacted unilaterally by any country, and will automatically leverage the playing fields between companies, large or small, multinational or not.  
Written by: 
Frian Aarsnes
Publication date: 
May 2017