It seems not everyone is convinced by Nick Shaxson's new book, 'Treasure Islands'.
Anthony Travers of Cayman Finance is one of them.
I guess his argument would be more credible if he didn't resort to words like 'imbecile' or suggest that every criticism of Cayman is the politics of envy. But he's allowed his opinion, and having published favourable comment I thought I should be balanced and give him a shout too.
Update: Nick Shaxson has answered the accusation here.
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“This is not a book about a few crooks, spivs and celebrity tax exiles and Caribbean Islands. It is about one of the central features of the global economy today. The offshore system has become so pervasive that it is now all around us.”
This book should be required reading for everyone. Life will take on a new meaning and the world will finally wake-up to the abominations on our doorstep that are the Isle of Man, Jersey and Guernsey (and others)
If you never read another book read this!
Highly recommended. No wonder the first edition has sold out!
Tut tut. Don’t you comprehend that the DTA with Faroe Islands and Greenland is God’s honest proof that the Caymans is now a tax complaint transparent jurisdiction.