What tax havens do

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There’s been a lot of pro-tax haven comment on this blog over the last day or two. It was sparked by a letter in the FT, reproduced here, from a solicitor who has made his fortune defending tax havens and all the usual culprits from offshore have been out to add their comments all over the blog. 

Rather than reply individually to the comments made I thought I would, in the run up to the G20, summarise what tax havens / secrecy jurisdictions really do. This will be a series, starting with the next blog.

I’d encourage those who differ to comment. They might also wish to suggest the positive attributes of tax havens, with reasoned argument to support their case, please.

I will then of course happily refute what they say with evidence.


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