Tax haven: the cause of transfer pricing and money laundering

Abstract

Money laundering and transfer pricing are among the most serious transnational crimes that affect the outcome of the global economy, and tax havens are the reason for these behaviors. The authors study the relationship between tax havens, money laundering and transfer pricing. This study will introduce the basic concepts of the above problem. Then there are serious causes and realities of money laundering and transfer pricing to the economy. We explain why it's hard to get rid of tax havens forever. Finally, the study proposes some practical solutions for the state, businesses, banks,... to deal with money laundering and transfer pricing problems. The research paper is based on the collection, analysis and evaluation of data available.