Tax and the proceeds of crime: a new approach to tainted finance?

Abstract

Purpose

The purpose of this paper is to investigate latter‐day statutory initiatives imposing taxes on earnings tainted by crime.

Design/methodology/approach

Case‐law analysis of taxation in the context of criminal activity.

Findings

The taxation of tainted finance holds some promise for attacking criminal resources though it is not a new strategy.

Research limitations/implications

The findings are preliminary and limited chiefly to Canadian and UK law.

Originality/value

The paper considers the tax dimension of contemporary debates on criminal finance.

Citation

Gallant, M. (2013), "Tax and the proceeds of crime: a new approach to tainted finance?", Journal of Money Laundering Control, Vol. 16 No. 2, pp. 119-125. https://doi.org/10.1108/13685201311318476