{"id":19783,"date":"2013-03-24T15:20:17","date_gmt":"2013-03-24T15:20:17","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=19783"},"modified":"2013-03-24T15:33:26","modified_gmt":"2013-03-24T15:33:26","slug":"is-cyprus-a-secrecy-jurisdiction-you-bet-it-is","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/03\/24\/is-cyprus-a-secrecy-jurisdiction-you-bet-it-is\/","title":{"rendered":"Is Cyprus a secrecy jurisdiction? You bet it is"},"content":{"rendered":"<p>In 2009 and 2011 (and again, later this year) the\u00a0Tax Justice Network has\u00a0conducted\u00a0an in-depth analysis of the worlds's\u00a0secrecy jurisdictions, basing its work on over 200 variables, all in turn coming from <a href=\"http:\/\/www.secrecyjurisdictions.com\/researchanalysis\/notesmethodologyra\" target=\"_blank\">accredited sources<\/a>. The result is the <a href=\"http:\/\/www.financialsecrecyindex.com\/\" target=\"_blank\">Financial Secrecy Index<\/a> that combines an opacity measure with a weighting based on the\u00a0volume\u00a0of transactions a location manages to come to an overall ranking.<\/p>\n<p>One of the\u00a0locations\u00a0surveyed in\u00a0Cyprus.\u00a0The 2011 <a href=\"http:\/\/www.secrecyjurisdictions.com\/PDF\/Cyprus.pdf\" target=\"_blank\">report for Cyprus headlined as follows<\/a>: (Some say that link won't work so try this, in case:\u00a0http:\/\/www.secrecyjurisdictions.com\/PDF\/Cyprus.pdf )<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-19784\" alt=\"Screen shot 2013-03-24 at 15.11.20\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20.png\" width=\"577\" height=\"678\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20.png 577w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20-255x300.png 255w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20-191x225.png 191w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2013\/03\/Screen-shot-2013-03-24-at-15.11.20-112x132.png 112w\" sizes=\"auto, (max-width: 577px) 100vw, 577px\" \/><\/a><\/p>\n<p>Overall, <a href=\"http:\/\/www.financialsecrecyindex.com\/2011results.html\" target=\"_blank\">Cyprus took 20th place in the ranking<\/a>.<\/p>\n<p>So might I politely suggest to all those who are denying Cyprus was and is a tax haven \/\u00a0secrecy jurisdiction that they have simply got their rational\u00a0analysis wrong?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2009 and 2011 (and again, later this year) the\u00a0Tax Justice Network has\u00a0conducted\u00a0an in-depth analysis of the worlds&#8217;s\u00a0secrecy jurisdictions, basing its work on over 200<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/03\/24\/is-cyprus-a-secrecy-jurisdiction-you-bet-it-is\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,32],"tags":[],"class_list":["post-19783","post","type-post","status-publish","format-standard","hentry","category-secrecy-jurisdictions","category-tax-havens"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=19783"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/19783\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=19783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=19783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=19783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}