The Resource Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges

Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges

Label
Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges
Title
Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges
Creator
Subject
Language
eng
Summary
At the core of the international effort to combat corruption is the 'home country' anti-corruption legislation that penalises companies in their home state for engaging in corruption extraterritorially. This article examines the application of Australia's foreign bribery legislation to the Chinese tax context. The legal test for Australia's extraterritorial bribery legislation rests heavily upon a finding that an extra-legal advantage gained, or benefit provided, is 'illegitimate'. While the assumption that formal law is aligned with legitimacy is reasonable in many contexts and practical in the application of the law, a focus on legality does not align well with legitimacy in China. In China, vague laws are created by the central government in order to facilitate flexible and localised implementation. In a system where formal legal institutions are underdeveloped, informal rules are significant in guiding the actions of local officials. Australia ought to consider the nature of the relationships between China's central and local governments prior to implementing its extraterritorial jurisdiction
Citation source
In: eJournal of Tax Research. - Sydney. - Vol. 15 (2017), no. 2 ; p. 312-332
http://library.link/vocab/creatorName
  • Sharkey, N.C
  • Fraser, J
Geographic coverage
Asia
Language note
English
http://library.link/vocab/subjectName
  • corruption
  • bribery
  • tax system
Label
Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges
Instantiates
Publication
Label
Applying foreign anti-corruption law in the Chinese tax context : conceptual difficulties and challenges
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
Processing Feedback ...