Questions You Should be Asking the World Around You
So, which country is the biggest perpetrator of institutionalized corruption?
Last September, at a law firm overlooking San Francisco Bay, Andrew Penney, a managing director at Rothschild & Co., gave a talk on how the world’s wealthy elite can avoid paying taxes.
His message was clear: You can help your clients move their fortunes to the United States, free of taxes and hidden from their governments.
Some are calling it the new Switzerland.
w w w . bloomberg . com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states
The US has overtaken Singapore, Luxembourg and the Cayman Islands as an attractive haven for super-rich individuals and businesses looking to shelter assets behind a veil of secrecy, according to a study by the Tax Justice Network (TJN).
The US is ranked third, behind Switzerland and Hong Kong, in the financial secrecy index, produced every two years by TJN.
w w w . theguardian . com/politics/2015/nov/02/united-states-overtakes-caymans-singapore-tax-haven-financial-secrecy-index
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