Nikolaev, A.V., Petchenko M.A. Offshore financial centers and maritime activities.

Abstract: As the authors note, in spite of the presence of anti-offshore measures in the modern international law, it is quite clear that international offshore business is a reality of modern international economy, which is an evidence of competetiveness of national economies and tax systems in the sphere of lowering the tax burden and attracting investments. It is likely that in the future the offshore finance centers shall be developing, rather than decreasing…