Tag: Tax Justice Network
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Tax haven ranking: UK protects itself while keeping world defenceless to British tax havens
Global findings British tax havens EU More highlights The UK’s network of British tax havens remains the biggest threat to countries working to stop multinational corporations from cheating on tax, a global ranking of the most harmful corporate tax havens shows.1 Meanwhile, the UK has strengthened its own defences against global corporate tax abuse, while spending…
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Demystifying Offshore Finance: Understanding The Financial Secrecy Index
In the realm of international finance, the concept of financial secrecy often raises eyebrows and sparks curiosity. Understanding the dynamics of offshore finance requires delving into various metrics and indices, one of the most prominent being the Financial Secrecy Index (FSI). In this article, we aim to demystify the Financial Secrecy Index, its significance, and…
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U.S. offshore banking industry strikes back at FATCA IGAs
Diego S., a wealthy Latin American media executive, travels frequently on business between his home city in South America and New York City. He usually prefers to take a flight with a Miami stopover rather than one of the two daily NYC bound non-stops. The Miami stop is not about visiting relatives or even shopping,…