@article{saxunova2018global,
  title = {Global Efforts of Tax Authorities and Tax Evasion Challenge},
  author = {Darina Saxunova and Rita Szarkova},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEERBE/2018/511388/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2018,
  pages = 14,
  doi = 10.5171/2018.511388,
  abstract = {The global economy has become more and more integrated, and the multinational corporations are increasing their share on the global trade. The global multinationals can benefit the most from the way how the tax systems are set up and thereby, they can minimalize the tax base leading to paying lower or none taxes. Tax evasions represent a global challenge for the tax authorities seeking the way to combat them. The European Union has announced that the value added tax leak is around 50 billion euros lately. Tax havens existing worldwide offer tax planning opportunities enabling multinational groups of the companies to reduce their average worldwide tax rate. The objective of the submitted paper is to identify existing trends in the area of tax evasions and tax fraud, moreover, to focus on strategies and forms of combatting tax evasions. The strategies to detect potential tax evasion are highlighted to demonstrate governments’ efforts worldwide to minimize negative consequences of tax frauds. After analysing and comparing selected countries – Slovakia, the Czech Republic, Hungary and Bulgaria empirical results are presented covering 2 recent years 2014 and 2016. The data of this economic crime started to be collected only recently, data are limited, and they were obtained from the OECD database and from the research data of the auditing company PriceWatersCoopers, etc. The partial, illustrative empirical research using the information from databases of big auditing commpanies is proving the relevance of tax issues which solution should not be postponed.},
  keywords = {tax evasion, tax haven, tax fraud, controlled foreign company’s legislation, treaty shopping},
  note = Article ID: 511388
}