What determines tax havens? – A historical investigation of tax haven factors

Hartfield, A., Liu, C. ORCID: 0000-0003-3770-4821 and Sheikh, M.H., 2024. What determines tax havens? – A historical investigation of tax haven factors. Economic Issues. ISSN 1363-7029 (Forthcoming)

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Abstract

This paper analyses the determining factors of tax haven status by investigating the factors from a historical perspective. Initially, we use tax variables, governance variables and a communication indicator to check if these factors can distinguish tax haven countries from non-tax havens based on two data sets in 2006 and 2018. We applied the principal component analysis combined with Welch's t-test and logit model analysis. We find that collectively, the historical tax haven factors are outdated for 2018 data. Individually, historical tax haven criteria are not significant in explaining tax haven status, and alternative criteria and variables, such as the financial secrecy score, are required.

Item Type:	Journal article
Publication Title:	Economic Issues
Creators:	Hartfield, A., Liu, C. and Sheikh, M.H.
Publisher:	Economic Issues Education Trust
Date:	8 June 2024
ISSN:	1363-7029
Identifiers:	Number Type 2215237 Other
Divisions:	Schools > Nottingham Business School
Record created by:	Laura Ward
Date Added:	16 Sep 2024 08:53
Last Modified:	16 Sep 2024 08:53
URI:	https://irep.ntu.ac.uk/id/eprint/52215

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