We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Presented - Essay Example

Comments (0)
Summary
It is worth noting that G8 or the Group of eight industrialized countries will hold their summit on the shores of Lough Erne in Northern Ireland with the host Prime Minister David Cameron setting the agenda of the meeting that will include trade, transparency and taxes. Of…
Download full paper
GRAB THE BEST PAPER
Presented
Read TextPreview

Extract of sample
Presented

Download file to see previous pages... These territories are considered “black hole” of finance because of its notoriety of hiding money to escape from taxes.
UK Prime Minister David Cameron acknowledged that tax evasion cost governments billions if not trillion of tax revenues. These revenues which could have been used to finance a lot of things from human development to stimulating the economy had been foregone due to tax evasion. For example, the trillions of dollars being channeled in UKs offshore territories could have netted hundreds of millions of dollars had they been legally taxed. They could have been used to finance education in poor countries to break the cycle of poverty, or to inject funds in social services in countries where malnutrition is acute to save lives. It could also be used to finance a budding business to create value, jobs and further revenue for the government. If tax evasion becomes very pervasive, government will lost its source of revenue to fund the performance its many roles and in effect, will become ineffective. Thus, human development will stagnate because positive interventions will not materialize due to the lack of funds. The poor will remain poor or even become poorer and the rich will remain rich and even richer. Tax evasion can be done legally by several means. One of the legal tax avoidance that is often resorted to through the shifting of profits to jurisdictions that do not levy corporate tax which UKs offshore territories are notorious.
Taxation serves as an equalizer to take money from those who have it to fund human development. UKs offshore territories defeat this purpose by serving as tax haven for the mega rich which would have been taxed had they been more transparent in their transactions. These explain why it is such an issue when UK Prime Minister David Cameron announced that they will be tackling tax evasion and transparency in the next G8 summit because his country is guilty of providing tax havens both to corporations ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Historical Developments in the United States that Presented New Opportunities for Women in Society
1. Introduction The rising status of women in the United States as reflected in our history started from the industrial revolution the period 1750 to 1850. During this time a lot of changes occurred. The industrial revolution brought prosperity to the economy, technology advancement and freedom to slaves and at the same time gave way for the end of the isolation of women in the United States.
8 Pages(2000 words)Essay
Analyzing the Gender Roles Presented in TV Serials
“There are six main characters and each of them has their own traits. Almost all the characters have traits which would make them look funny, it is a sitcom and the characters must appear funny to be able to convince the audience.” (Television and Gender Roles) Dominant social values are more often than not presented on TV serials these days, traditions gender stereotypes are presented in almost every show, these shows reinforce the gender stereotypes making matters much worse than they actually are.
4 Pages(1000 words)Essay
Frankfurt Thesis presented on Bullshit, Why is this of Particular Importance to Public Affairs
This kind of behavior is practiced by all age groups in the world including the young, youth and the old. This behavior is irrespective of sex since men or women do practice it. Bullshit is always accompanied with lies where someone does something but he denies that he was not involved in it, this is mostly done by people who want to evade punishment for the wrong they did.
3 Pages(750 words)Essay
Overview of the Issue Presented in the News Article
The article published by The Economist on 10th November’ 2012 is about poverty and its affects upon the poor in the United States of America (US). In accordance with the news article, it can be stated that the poor in the US are required to be provided with additional care as well as help. The article brings out two incidents.
7 Pages(1750 words)Essay
'In your opinion, what are the key corporate governance issues presented in this case and why'
Such dealings include the manner in which their finance suppliers assure the corporations of gaining desired returns in their investment. This type of governance brings together and relates several participants in an effort to determine the best performance and direction of the corporations.
4 Pages(1000 words)Essay
The Idea That Lesbians Are Not Considered Women As Presented By Hale
Various claims as highlighted in the essay try to prove that lesbians in reality are not women. One of these reasons is that lesbians are not real women, as to be real, argues hale, one has to have the characteristics of a woman (Hale 47). He argues that many people agree that heterosexuals are in fact not real women.
5 Pages(1250 words)Essay
Masculinity in sport presented by contemporary media
o reinforce the element of maleness in sport, which has increasingly seen major transformations with the advent of other ‘creative’ and ‘feminine’ sports into the male domain, with a view to reinforce ‘true manliness’ into the social and cultural spheres. This
32 Pages(8000 words)Essay
Conflict in my polish teachers tie How is conflict between social position and identity presented
Carla Carter was a part time caterer at a school that earned her 3.89 pounds per hour.1 She was a mother to a daughter named Jade. She spoke Polish in her childhood when her mother used to sing her songs. When she turned six and started going to school her father
3 Pages(750 words)Essay
Depicting God Through the two literatures presented
The depiction of God has completely lacked consistency, and the person seeking God is also by far divided on what they feel about God. This feeling emanates from the fact that; while there is a drastic change in the way God has been presented in the two sonnets,
5 Pages(1250 words)Essay
Virginia and New Jersey plans presented at the Constitutional Convention
There would be two houses in the legislative branch. States with larger populations would have more representatives than the smaller states. These would include the Upper House and the Lower House. The Lower House would be
3 Pages(750 words)Essay
Let us find you another Essay on topic Presented for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us