عنوان

Tax havens :

0801447356 (cloth)

0801476127 (paper)

9780801447358 (cloth)

9780801476129 (paper)

dltt

Tax havens :

[Book]

how globalization really works /

Ronen Palan, Richard Murphy, and Christian Chavagneux

Ithaca, N.Y. :

Cornell University Press,

2010

x, 270 p. :

ill. ;

24 cm

Cornell paperbacks

Cornell studies in money

Includes bibliographical references and index

Introduction -- What is a tax haven? -- Tax havens : vital statistics -- The instruments of tax havens -- Origins of the tax havens -- The British Empire strikes back -- Tax havens and the developed world -- Issues in development -- Signs of discontent -- Institutional attacks on tax havens -- Tax havens in the twenty-first century -- Conclusion -- Glossary

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"In Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system--their history, inner workings, impact, extent, and enforcement."--P. [iv] of cover

From the Cayman Islands and the Isle of Man to the Principality of Liechtenstein and the state of Delaware, tax havens offer lower tax rates, less stringent regulations and enforcement, and promises of strict secrecy to individuals and corporations alike. In recent years government regulators, hoping to remedy economic crisis by diverting capital from hidden channels back into taxable view, have undertaken sustained and serious efforts to force tax havens into compliance. In Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system--their history, inner workings, impact, extent, and enforcement. They make clear that while, individually, tax havens may appear insignificant, together they have a major impact on the global economy. Holding up to $13 trillion of personal wealth--the equivalent of the annual U.S. Gross National Product--and serving as the legal home of two million corporate entities and half of all international lending banks, tax havens also skew the distribution of globalization's costs and benefits to the detriment of developing economies. -- Publisher description

How globalization really works

Globalization

International finance

Tax evasion

Tax havens

Palan, Ronen,1957-

Chavagneux, Christian

Murphy, Richard,1958-

20121129011346.0

[Book]

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