USE OF TAX HAVENS BY CZECH COMPANIES IN CONDITIONS OF GLOBALIZATION

Nowadays, in the context of the ever-changing globalization of the world, the question of international tax relations becomes important. It is absolutely natural that business entities want to optimize their tax liability and seek ways to achieve it. In today's globalized world, with an easy way of remote communication, more and more business entities are considering optimizing their tax obligations using tax havens that are more tax-friendly and more accommodating than their home countries. Tax havens are carried away by movable subjects from domestic tax jurisdictions, and the state is therefore losing considerable sums that would otherwise become revenue to the state budget. In view of the increasing indebtedness of states, they are trying, together with international organizations, to fight against tax havens and to attract leaking entrepreneurs back or to increase their ability to remain through different tax advantages on the one hand or different legal constraints on the other. The article deals with an overview of measures that are acquired worldwide and also in the Czech Republic to combat the growing phenomenon of tax havens. An analysis of the development of the number and characteristics of Czech companies controlled from tax havens was made. It further analyses the motives of companies for relocation into tax havens.