The scale of the offshore problem is graphically shown by an article in the Washington Post.
If you don’t see it before, now you’ll see why this is an issue that has not just got to be solved, it has to be eliminated.
-
Pages
Categories
- Accounting
- Africa
- Amnesty
- Apple
- Barclays
- Blogging
- Bonds
- Bonds
- Capital Gains Tax
- Cayman
- CBI
- Code of Conduct
- Corporation Tax
- Corruption
- CSR
- Delicious
- Deloittes
- Dennis Howlett
- Development
- Domicile
- Economics
- Ernst & Young
- Ethics
- EU STD
- Europe
- Flat tax
- Guernsey
- IFRS 8
- IFS
- IMF
- Inheritance Tax
- Ireland
- Isle of Man
- Jersey
- KPMG
- Liechtenstein
- Making Poverty Reality
- Microsoft
- Netherlands
- Nottingham University
- Pensions
- Practice management
- Private equity
- PWC
- Regulation
- Richard Murphy
- Small business
- Sovereign Wealth Funds
- Switzerland
- Tax avoidance
- Tax compliance
- Tax evasion
- Tax gap
- Tax Havens
- Tax Justice Network
- Tax management
- Tax planning
- Tax Research TV
- Transfer Pricing
- Trusts
- Uncategorized
- VAT
Archives
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
One Comment
The Washington Post article was authored by Tom Cardamone, Managing Director of the Global Financial Integrity Programme (www.gfip.org) at the Center for International Policy. GFIP was set up by Raymond Baker, a senior advisor to the Tax Justice Network. The Washington Post article states that Americans’ holdings in foreign tax havens had risen by 68% from 2003 to 2006. This suggests, anecdotally, that TJN’s 2005 figure of $255bn annually in lost taxes from wealthy individuals would be significantly larger if it were updated today.
Post a Comment