15 Of The World’s Most Significant Tax Havens
April 21, 2009
As long as there have been taxes, there have been tax avoiders. And as long as there have been tax avoiders, there have been tax havens. Broadly speaking, any country that is known for helping individuals or businesses avoid taxes can be described as a tax haven. Some are very forthcoming and proudly advertise the tax advantages of living there, while others are more discreet. In either case, tax havens have a long and enduring legacy in civil society (with an estimated $11.5 trillion currently stashed in offshore accounts) and each one offers something different to aspiring tax dodgers.
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