Part 1 - AL-Tax

Contents13 Money Laundering: Every Financial Transaction Leaves aPaper Trail 311Greg N. Gregoriou, Gino Vita, and Paul U. Ali13.1 Introduction 31313.2 The authorities are on the lookout 31513.3 Directions 31613.4 Techniques 31713.5 Eyes wide open 31913.6 Tightly closed eyes 32013.7 The ‘John Doe’ method 32013.8 Conclusion: Big Brother is watching 321References 32214 Tax Effects in the Valuation of Multinational Corporations:The Brazilian Experience 323César Augusto Tibúrcio Silva, Jorge Katsumi Niyama,José Antônio de França, and Leonardo Vieira14.1 Introduction 32514.2 Discounted cash flow 32714.3 Juros sobre capital próprio 32914.4 Tax benefits for rural activities (agribusiness) 33214.5 Tax credits from commodities imports and royaltypayments 33414.6 Conclusion 336Notes 336References 33615 The Economic Impacts of Trade Agreements and Tax Reforms inBrazil: Some Implications for Accounting Research 339Alexandre B. Cunha, Alexsandro Broedel Lopes, andArilton Teixeira15.1 Introduction 34115.2 The economy 34315.2.1 Preferences 34415.2.2 Technologies 34415.2.3 Government consumption and taxes 345xi