@article{saxunova2018technology,
  title = {Technology Progress:  A Threat or Opportunity to Tax Havens?},
  author = {Darina Saxunova and Rita Szalai (Szarkova)},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEERBE/2018/958843/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2018,
  pages = 23,
  doi = 10.5171/2018.958843,
  abstract = {The scientific paper studies phenomena as tax frauds and tax havens. Companies together with tax advisors produce schemes and mechanisms enabling tax saving or hiding taxes. Certain schemes make use of legislation leaks not to pay the taxes in a legitimate way, but there are numerous complicated tax schemes that are not complying to the tax legislation, but they are proposed very well to seem that they correspond to the legal norms in effects. Tax evasion and tax fraud is illegal and deliberate misrepresentation of obligation to pay taxes. It is obvious that it leads to income reduction which lawfully belongs to the state budget and to the country citizens. Entrepreneurs seeking the way to avoid taxes or reduce tax burden legitimately, consider a tax haven with its services to be one of the instruments for this purpose. The goal of this scientific paper is to analyse, determine and examine characteristics of “tax havens”. The research object of this paper are tax haven jurisdictions in the last decade and their distinctive characteristics. Nowadays, technology tools can be used by tax authorities to detect tax crimes. These technology solutions are becoming more effective in detecting or preventing tax fraud or tax evasions and therefore the Tax Force on Other Crimes encourages national tax authorities to publicise their importance and effectiveness of being used. The Slovak and Czech enterprises and their initiative and activities in tax havens are investigated and critically analyzed in the period from 2008 to 2017. Methods of critical comparison and analysis were applied while processing the collected information. The result concluded emphasize a slow decrease in the activity of Slovak and Czech economic entities in tax havens during the last few years. Finally, the actions approved by the OECD to improve the situation in tax collection and to make tax system fairer are concluded in the scientific paper.},
  keywords = {tax evasion, tax haven, sharing economy, digitalization},
  note = Article ID: 958843
}