{"id":90,"date":"2006-08-01T22:27:40","date_gmt":"2006-08-01T20:27:40","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/2006\/08\/01\/the-us-senate-report-on-tax-havens\/"},"modified":"2006-08-01T22:27:40","modified_gmt":"2006-08-01T20:27:40","slug":"the-us-senate-report-on-tax-havens","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2006\/08\/01\/the-us-senate-report-on-tax-havens\/","title":{"rendered":"The US Senate Report on Tax Havens"},"content":{"rendered":"<p>The United States Senate Permanent Subcommittee on Investigations Committee on Homeland Security and Governmental Affairs published its report entitled <a href=\"http:\/\/hsgac.senate.gov\/index.cfm?Fuseaction=Hearings.Detail&HearingID=3\">Tax Haven Abuses: The Enablers, The Tools and Secrecy<\/a> on 1 August.<\/p>\n<p>This is an important report. It will require a lot of analysis. <\/p>\n<p>But I've got one, I admit, very personal reason to welcome it. The very first line of the report reads as follows:<\/p>\n<blockquote>\n<p>Offshore tax havens and secrecy jurisdictions today hold trillions of dollars in assets.<\/p>\n<\/blockquote>\n<p>It the refers to footnote 1. Footnote 1 says:<\/p>\n<blockquote>\n<p>See, e.g., &ldquo;The Price of Offshore,&rdquo; Tax Justice Network briefing paper (3\/05)(estimating that offshore<br \/>assets of high net worth individuals now total $11.5 trillion)<\/p>\n<\/blockquote>\n<p><a href=\"http:\/\/www.taxjustice.net\/cms\/upload\/pdf\/Price_of_Offshore.pdf\">'The Price of Offshore'<\/a> was a report 'Prepared by Tax Research for the Tax Justice Network\/UK'. It was in effect a collaboration between myself and John Christensen. <\/p>\n<p>As a campaigner you sometimes wonder whether you're whistling in the dark. And just occasionally, like this, someone gives you a hint that it's worthwhile. <\/p>\n<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States Senate Permanent Subcommittee on Investigations Committee on Homeland Security and Governmental Affairs published its report entitled Tax Haven Abuses: The Enablers, The<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2006\/08\/01\/the-us-senate-report-on-tax-havens\/\"><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":[10,11],"tags":[],"class_list":["post-90","post","type-post","status-publish","format-standard","hentry","category-tax-avoidance","category-tax-justice-network"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/90","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=90"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/90\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=90"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=90"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=90"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}