THE IMPACT OF TAX HAVENS AND MAILBOX COMPANIES ON PUBLIC FINANCE

With globalization and technological development, capital has become more mobile. and therefore, tax evasion has become easier using tax havens. the last example of tax evasion by help of tax havens is po-box companies. generally, po-box companies are established in tax havens and help taxpayers to evade tax. po-box companies just have name and po-box but, taxpayer transfer their capital to po-box in tax havens and decrease their tax burden. for that reason, capital which is transferred to tax havens by po-box companies isn’t imposed tax and so countries in which capital transfers, tax revenue decreases. so, taxes levied on wage and other source of taxation increase and less public service can be provided. anti-evasion measures have been taken in turkey along with other countries in the world. but measures are sufficient neither in turkey nor other countries in the world.