Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens (Paperback)
 
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Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens (Paperback)

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Item #: 14120593
    Published to rave reviews on both sides of the Atlantic, Treasure Islands is an expose of how the corporate world uses tax havens to shirk paying its share of taxes. This costs the United States alone 100 billion dollars in lost r......more

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Published to rave reviews on both sides of the Atlantic, Treasure Islands is an expose of how the corporate world uses tax havens to shirk paying its share of taxes. This costs the United States alone 100 billion dollars in lost revenue each year. While the United States experiences a recession and European countries face bankruptcy, Nicholas Shaxson, a former correspondent for the Financial Times and The Economist, argues that the problem can be traced back to the pervasive practice of offshoring financing in order to minimize taxable revenue. Journeying from Moscow to London to Switzerland to Delaware, he dives deep into a vast and secret playground where bankers and multinational corporations operate side by side with nefarious tax evaders, organized criminals, and the world's wealthiest citizens. This is a fast-paced narrative that at last explains how bankers, traders, and other financial wizards are using the system to deepen our economic divide.

Nicholas Shaxson is a journalist who has written for the Financial Times, The Economist Group, African Energy, and the insider newsletter Africa Confidential. He is the author of the highly acclaimed Poisoned Wells: The Dirty Politics of African Oil and an associate fellow with the Royal Institute of International Affairs in London.

Author:
Shaxson, Nicholas
Genre:
BUSINESS & ECONOMICS / International / Taxation
Audience:
General/trade
Format:
Paperback
Pages:
264
Language:
English
Publisher:
Palgrave Macmillan
Publish Date:
09/04/2012
Copyright Year:
2012
ISBN:
9780230341722
Height:
9.25 in
Wdth:
6.25 in
Thickness:
0.75 in
Unit weight:
0.65 lb
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