OFFSHORE CENTERS - THE LIMIT BETWEEN LEGALITY AND ILLEGALITY
OFFSHORE CENTERS - THE LIMIT BETWEEN LEGALITY AND ILLEGALITY

Author(s): Diana-Gabriela Cojocaru
Subject(s): Politics / Political Sciences
Published by: Carol I National Defence University Publishing House
Keywords: tax haven,;offshore; organized crime; money laundering; and terrorism
Summary/Abstract: As a result of the globalization, the tax heavens attracted the interest of normal citizens, and also of the theoreticians and of the practitioners. The theoreticians believe the fact that tax havens have as the main core the transcendence, while the practitioners completely discharge and refuse the idea. In the workshop ,,The complex and dynamic nature of the security environment” I will present the reasons why the world’s biggest businessmen prefer to place their money in an offshore center, which is at the edge of legality and illegality. Author's purpose is to draw the limit between tax avoidance and the concealment of illicit money. Also, the author tries to present the threats that hide behind the tax havens, threats that affect the global and national economy. The fight against this phenomenon is part of a cycle of financial economical violation which is corruption.

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