The Role of Tax Havens in Tax Avoidance by Multinationals

  • Małgorzata Kutera
Conference paper
Part of the Springer Proceedings in Business and Economics book series (SPBE)


Today, multinationals play a leading role in shaping the economic relations in the world. Their investment decisions lead to huge capital flows which have a direct impact on the budgets of many states. A key role in this process is played by the differences in tax systems, which allow the profits generated to be taxed at the minimum percentage rate (or none at all) depending on the location in which the business is actually run. This leads to intentional tax avoidance, which has now become one of major economic problems and significantly contributes to the increasing socio-economic inequality. The main purpose of this publication is to present the scale of tax avoidance by multinationals and how this impacts the capital flows in the global economy. This article is mainly based on an analysis of financial figures of the largest supranational enterprises and selected macroeconomic ratios.


Tax havens Tax avoidance Multinationals Tax abuses 


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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Institute of Economics, Finance and ManagementJagiellonian UniversityCracowPoland

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