Presentation of different aspects of tax evasion and tax planning

1. DIFFERENT ASPECTS OF TAX
EVASION AND TAX
PLANNING
Financial English (PEN5))
Perttu Pohjola

2. AGENDA
 Introduction
 Definitions
 Aspects
 What can be done
 Summary

3. INTRODUCTION
 Panama papers
 Mossack Fonseca
 11 million documents
 More than 214000 offshore companies

4. DEFINITIONS
Tax avoidance / tax planning
Tax evasion
Tax havens

5. ASPECTS
 Easy to judge both
 We all are doing it
 Moral point of view
 Wellfare society
 Finnish Pension trusts
 Developing countries
 Developing Aid

6. WHAT CAN BE DONE?
 Transparency
 Coordination
 Exchange of information between authorities
 International agreements
 Impossible?
 Best options:
 Promote information exchange
 Improve transparency

7. SUMMARY
The difference between tax evasion and
tax planning
We all are doing it
Many aspects
Can it be banned?

8.  QUESTION, COMMENTS, REMARKS?

9. THANK YOU!