碩士 / 國立暨南國際大學 / 管理學院經營管理碩士學位學程碩士在職專班 / 102 / This paper uses case study research to demonstrate how to operate an offshore company without breaking the law.
The first case: Directors of a company thought an offshore company established in a tax haven would be guaranteed tax exemption, and domestic government has no jurisdiction over it. Therefore, they not merely concealed reinvestment, operating revenue, and dividends issued from distributable earnings but claimed that reinvested offshore company was personal investment and that operating revenue from offshore company was business transactions of triangular trade. Their appeals were dismissed, and they were suffered from paying taxes which had been evaded, fixed-term imprisonment, and business suspended. The second case: A company’s equities were transferred by its general manager to somewhere else while its chairman of the board failed to secure the equities timely. Thus the company lost corporate right of control over its subsidiary. This embezzlement scandal was finally exposed when creditors tried to transfer the equities. The third case: During SARS, Hung Kong and China were in urgent need of medical equipment. A chairman of a medical equipment manufacturer didn’t use existing offshore company to make profits for parent company but established his own offshore company instead to take orders from customers directly. The acquirer then found out that it was the chairman’s fault to cause uncollectible accounts receivable. The fourth case: A domestic dummy company was set up to use counterfeit sea waybills and offshore banking account as the means of defrauding payment from documentary collection.
These case studies reveal that to use offshore company legally and properly is the best policy to ensure a corporation’s interests and a country’s tax revenue and to avoid criminal responsibility resulted from breaking commercial account law.
| Identifer | oai:union.ndltd.org:TW/103NCNU1457001 |
| Date | January 2014 |
| Creators | A-Ling Yen, 顏阿玲 |
| Contributors | Lin Lin, 林霖 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 50 |
Page generated in 0.0055 seconds