Events
Seminar: Offshore Companies: Between Tax Optimization and Illegality 鈥� Bostjan Turk
About the Event:
Business operations involving offshore companies have reached a significant global scale. It is estimated that the total financial assets held by individuals and companies in tax havens amount to approximately USD 13.25 trillion, representing roughly 12 percent of global GDP. However, the legal status of such assets is sometimes uncertain. A major challenge arises from the conflict between demands for transparency – and the associated registers of beneficial owners, which the international community legitimately advocates – and the individual right to privacy and data confidentiality, which is grounded in international legal instruments (such as data protection legislation). The clash between these two rights presents a significant legal challenge, necessitating the implementation of new mechanisms, such as limited transparency, based on the demonstration of a legitimate legal interest. This seminar will discuss the criteria distinguishing lawful from unlawful business activities involving offshore companies under national and international law, paying particular attention to the distinction between lawful tax optimisation and unlawful conduct.
About the Speaker:
is Director of the Institute for Civil and Business Law, Ljubljana. He is also a visiting professor at several European universities, with his teaching and research focussing on cross-cutting issues of law of obligations and corporate law.
Lunch will be provided.
Please email globe@warwick.ac.uk if you have any dietary or access requirements.
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