Tax Havens / Bank Secrecy

by Global Financial Integrity

The phrase ‘tax haven’ often conjures up images of a balmy palm tree-studded island nation with an ‘anything goes’ attitude to accepting financial deposits and a distinct distaste for foreign authorities—“sunny places for shady people,” as author Nicholas Shaxson calls them. But these classical tax havens now have a lot of company—despite recent progress, there are still plenty of places all over the world where one can stash their money without scrutiny.

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http://www.gfintegrity.org/issue/tax-havens-bank-secrecy/