The Use of Hybrid Financial Instruments in Cross-Border Transactions

Autori

• AA.VV.

Parametri

• 218 pagine
• 8 ore di lettura

• Business & Management
• Commercio
• Saggistica

Maggiori informazioni sul libro

Paperback edition with 218 pages. Copyright 1990 by Klynveld Peat Marwick Goerdelere (KPMG). International Tax Ctr., World Trade Center Netherlands. From the preface; Cross-border financing is assuming even greater importance as the world market becomes truly global. In recent years, factors such as the relaxation of exchange controls, the increased sophistication of communications and the impending creation of regional markets such as the single European market have all lent impetus to the tendency for businesses to expand their operations outside their national borders. As the business environment becomes increasingly international, so the need to structure investments with a view to minimization of taxation becomes ever more pressing. It would be a over simplification to see this process simply in the light of “tax avoidance”. The fact of the matter is that as a result of widely differing tax systems and rates in various countries around the world, careful tax planning for cross-border investments is necessary simply to avoid economic double taxation.

Lingua: Inglese

Pubblicato: 1990

(In brossura)