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Old 07-22-2015, 03:35 PM  
wehateporn
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Tax havens: Super-rich 'hiding' at least $21tn


A global super-rich elite had at least $21 trillion (£13tn) hidden in secret tax havens by the end of 2010, according to a major study.

The figure is equivalent to the size of the US and Japanese economies combined.

The Price of Offshore Revisited was written by James Henry, a former chief economist at the consultancy McKinsey, for the Tax Justice Network.

Continued Tax havens: Super-rich 'hiding' at least $21tn - BBC News

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