Document Type
Case Study
Publication Date
2024
Keywords
HavenTech, offshore entities, tax efficiency, whistleblowing, compliance
Case Overview
Subject Material
This case study explores the intricate journey of HavenTech, a Canadian technology titan, through its ambitious endeavors to optimize tax liabilities via offshore entities, amidst expanding global markets. The narrative unfolds as HavenTech, in its quest for fiscal efficiency, engages a Panama-based firm specializing in international tax planning, laying the groundwork for a sophisticated restructuring aimed at minimizing its global tax burden. This strategic move involves creating offshore subsidiaries, operational restructuring for tax efficiency, and meticulous intellectual property management, all while navigating the complexities of compliance and international tax laws. The story takes a pivotal turn with Alex, a senior accountant at HavenTech, who stumbles upon this web of tax evasion strategies, leading him to grapple with the moral implications of whistleblowing versus corporate loyalty. Alex's journey delves into the Canadian Offshore Tax Informant Program (OTIP), highlighting the challenges whistleblowers face, from the ethical dilemmas and professional isolation to the inadequacies of financial incentives and legal protections.
Target Audience
This case study is tailored for a diverse audience, ranging from business and finance students to professionals in accounting, legal, and corporate sectors, as well as policymakers and researchers interested in corporate ethics, tax law, and whistleblower protections. It offers valuable insights into the complexities of international tax planning, the ethical considerations in whistleblowing, and the systemic challenges within whistleblower programs. Additionally, it serves as a compelling resource for those studying corporate governance and fiscal strategy, offering a comprehensive overview of the tactic’s companies may employ to navigate tax obligations and the profound personal and professional consequences for individuals who dare to expose such practices. Through Alex's narrative, readers gain a nuanced understanding of the intricacies involved in balancing corporate growth with ethical considerations and the critical role of legal frameworks in shaping corporate behavior and whistleblower experiences.
Faculty
Pilon School of Business (PILON)
Program
Honours Bachelor of Business Administration Accounting
Copyright
© Akashdeep Singh
Terms of Use
Terms of Use for Works posted in SOURCE.
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Original Publication Citation
Singh, A. (2024). Unraveling HavenTech: A case study on corporate tax evasion and whistleblowing [Unpublished Case Study]. Pilon School of Business. Sheridan College.
SOURCE Citation
Singh, Akashdeep, "Unraveling HavenTech: A Case Study on Corporate Tax Evasion and Whistleblowing" (2024). Honours Bachelor of Business Administration. 2.
https://source.sheridancollege.ca/swpilon-case-studies-business-admin/2