offshore tax havens
Jersey gets a rebrand to spurn ‘tax haven’ label
Jersey Finance has launched a new communications strategy to counter the negative impact of cross-border financial centres’ malpractice on the general public, and to improve the image of its financial services industry in the local community and abroad.
Netherlands and UK are biggest channels for tax haven inflows
The Netherlands and the UK facilitate global tax avoidance by acting as conduits for 37% of corporate money heading to tax havens, research by academics at the University of Amsterdam shows.
French prosecutor pursues HSBC in €180bn tax fraud case
A French prosecutor has called for HSBC to stand trial for helping clients hide more than €180bn (£161.3bn, $199.8bn) in offshore tax havens from the country’s tax authorities, French news agency AFP has reported.
Samoa’s PM defends island’s role as offshore tax haven
The prime minister of Samoa, Tuilaepa Aiono Sailele Malielegaoi, has defended his country’s role as an offshore tax haven, claiming the ravages of climate change have left the Pacific island nation increasingly reliant on the revenue it brings.