The Offshore Trillions – Part 2

Posted on August 12 2012

There's a transcript here.

2

2 Responses

  1. Anthony Zappia says:
    August 13 2012 at 12:17 am

    “we could imagine having 0.5 percent annual withholding tax on this wealth that would be easy for the banks to implement.”
    Yes, it would be easy but can we trust them to do it? Do banks in tax havens have to divulge/report the amount of assets in their deposit?

    • Richard Murphy says:
      August 13 2012 at 10:01 am

      Switzerland did not have to sign a tax deal with the UK

      It’s an appalling deal but it’s signed it

      These places aren’t islands – literally in some cases and metaphorically always