Offshore Tax Havens and the Rule Of Global Crime

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Deneault, Alain

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ISBN:9781595586483
Editorial: New Press
Fecha de la edición:2011
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Dimensiones: 0 cm x 0 cm
Nº Pág.:160
Idiomas:Español

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/ Hacienda Pública-Sistemas Fiscales

Nearly two thirds of the worlds biggest corporations have subsidiaries in
countries considered to be tax havens. According to some estimates, half
of the worlds wealth is held in offshore accounts, where it is largely
beyond the scrutiny or control of governments or laws.
OFFSHORE reveals how a vast network of unregulated financial centres -
from Luxembourg to the Cayman islands to the tiny Pacific haven of Nauru
- has evolved into an enormous nether realm of drug and arms trading
ungoverned by national laws.
Delving into the scandals, the financial structure and the history of this
hidden side of globalisation, sociologist Alain Deneault depicts something
larger and more ominous than simple 'tax havens' where financial elites
and corporations must reside to protect their earnings. Instead, OFFSHORE
describes a global base of operations from which massive criminal
enterprises and corrupt corporations operate freely and with impunity,
menacing developing nations and advanced democracies alike.
Published at a time when the world is fed up with financial shenanigans,
OFFSHORE is a fascinating and timely new book that presents a startling
revisionist account of how the global economy actually functions today.