nam 22 uu 4500 10.17176/20160405-102902 DE-Verfassungsblog cr||||| 160404s2016||||xx#|||||o|||| ||| 0|eng|| 10.17176/20160405-102902 doi eng 342 23 Avi-Yonah, Reuven S. Author aut The Panama Papers: What Should Be Done? Avi-Yonah, Reuven S. Verfassungsblog 2016-04-04 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier If the U.S., the European Union, and Japan were to agree to impose a tax on income flows to tax havens, the tax-evasion problem would largely be solved without the need for cooperation from the havens. Using a 30 percent tax will do the trick. What prevents this obvious solution from happening is that the U.S. is willing to aid and abet tax evasion by Europeans, while the EU is willing to aid and abet tax evasion by Americans. This reflects the political power of the rich on both sides of the Atlantic. funded by the government CC BY-NC-ND 4.0 offshore banking Panama Papers tax evasion tax havens tax law Max Steinbeis Verfassungsblog gGmbH Verfassungsblog 2366-7044 https://staging.verfassungsblog.de/the-panama-papers-what-should-be-done/ raw object