search query: @indexterm TAX LAW / total: 154
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| Author: | Kuiper, W. G. |
| Title: | Some International Tax Implications of the Madeira Free Zone Legislation |
| Journal: | European Taxation
1993 : VOL. 33:3, p.95-98 |
| Index terms: | TAX LAW PORTUGAL TAX HAVENS |
| Language: | eng |
| Abstract: | Madeira has tax exemptions and financial incentives available under the Madeira Free Zone Legislation within the framework of portuguese legislation. The purpose of this article is to examine whether Portuguese tax treaties can be applied to companies set up in Madeira if they are engaged in offshore activities and used as a vehicle to channel passive investment income. The author discusses how to benefit from tax structures by routing investment income from eastern Europe through for example Hungary, Cyprus or Madeira and concludes that one should be careful in making use of the device in order to prevent anti-avoidance measures. |
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