The UK government when seeking an assessment of the problems tax havens cause asked the Oxford Centre for Business Taxation to do the work. They got a biased, inaccurate and ill-informed report for their money, with the authors failing to disclose their considerable conflicts of interest – not least that they are funded by some of the companies who are amongst the heaviest users of such places.
The US have done a similar job. It was published in July. Entitled ‚ÄòTax Havens: International Tax Avoidance and Evasion’ by Jane G. Gravelle, Senior Specialist in Economic Policy, you can read a review of this by the Tax Justice Network here.
Amazing what a little objectivity adds to the findings in a report. Oxford dismissed the issue. Not so the US.
Now why was that I wonder? Nothing to do with those conflicts of interest, surely?