Abstract:

The phenomena as tax frauds and tax havens are frequent research objects. The variability of entrepreneurial ideas processed into distinctive schemes and mechanisms is always surprising and tax manipulators or fraudsters are always one step ahead of the tax authorities in creativity that results in tax frauds in numerous forms. Fraudsters frequently consider a tax haven with its services to be one of a most important instrument to avoid taxing or to decrease tax burden. The objective of this scientific paper is to identify and analyze characteristics of countries that can be considered as tax havens and what legislation and business environment can increase the investors´ interest in these countries. The object of the research of the submitted study are locations of tax haven jurisdictions in the last decade and their key features. The research effort is aimed at focusing particularly on the European Union´s lists of tax havens. The situation in Slovak and Czech enterprises and their initiative and activities in tax havens are critically analyzed in the period from 2008 to 2017. The comparison and analysis, as methods, were applied while processing the collected information. The results present how the situation in tax haven has been developing in selected countries (Slovak and Czech economic entities versus US economic entities) over one decade.