Avoidance and evasion of taxes in a new global context

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Ivane Javakhishvili Tbilisi State University Press
Over the past decades, the global use of tax havens increased in a way that international tax avoidance and tax evasion turns out to be one of the biggest concerns of most OECD Member countries. Countries lose a lot of money, which they desperately need to spend on education, health systems, or infrastructure. Furthermore, the citizens feel unequally treated and lose confidence into the political and legal systems of their countries. Taking this into consideration the global movement of avoiding or evading taxes affects the basis of modern democracies by eroding their middle class societies.
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The 4th International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2019, pp. 438-445