91. Dealing with the Offshore Economy
- Author:
- Alan Riley
- Publication Date:
- 04-2019
- Content Type:
- Working Paper
- Institution:
- Atlantic Council
- Abstract:
- Given that offshore tax havens are largely located in small, independent states or self-governing territories, it could be assumed that they have little connection to OECD states and major financial centers such as London and New York. This is not the case. The so-called tax havens are in fact part of a much larger network of financial and corporate services that depends on lawyers, accountants, and bankers located in major Western cities. Only one part of the havens’ business actually involves providing lower tax rates to individual foreign account holders
- Topic:
- International Affairs and Global Political Economy
- Political Geography:
- Global Focus