International Corporate Structuring of Slovak Companies Using Tax Havens
Michal Istok, Maria Kanderova, Peter Kristofik, Kamil Scerba
Klíčová slova
tax havens, offshore, midshore and onshore jurisdiction, international corporate structuring, Slovak
companies
Abstrakt:
Recently a trend has come about of transferring the registered offices of parent companies or
their subsidiaries to jurisdictions often marked as tax havens worldwide. This trend can also
be seen in Slovakia. Our main aim is to examine the possible links between criteria such as the
NACE sector, the jurisdiction category, the size of share capital invested, ownership interests
and the number of years from the start of business (company formation) to the year of transferring
the registered office to the tax haven, and to justify the tendencies in behaviour from
the subsidiaries point of view. The formulation of assumptions is based on the statements of
corporate service providers (CSPs), which directly, partially or fully, help companies set up or
restructure their international corporate structures by using tax haven jurisdictions. This survey
is based on the available database of Slovak companies obtained from the databases of Bisnode
Slovakia, ltd. We analysed the available data on 3,483 Slovak companies between 2005-2015 by
using both graphical methods and statistical induction methods (mainly Fisher’s exact test of independence)
of randomly selected data from the entire database. Our results confirm that there
is a statistically significant relationship between the jurisdiction category and three parameters:
the NACE sector, ownership interests and the share capital. On the other hand, the relationship
between the jurisdiction category and the period of transferring of registered office to tax havens
has not been statistically confirmed.
Celý článek ke stažení:
 International Corporate Structuring of Slovak Companies Using Tax Havens [PDF soubor] [Velikost souboru: 877.17 KB]
 10.7441/joc.2019.01.02
Istok, M., Kanderova, M., Kristofik, P., Scerba, K. (2019). International Corporate Structuring of
Slovak Companies Using Tax Havens. Journal of Competitiveness, 11(1), 22-40. https://doi.org/10.7441/joc.2019.01.02
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