{"id":35320,"date":"2018-06-19T00:27:50","date_gmt":"2018-06-18T22:27:50","guid":{"rendered":"https:\/\/www.w-t-w.org\/en\/?p=35320"},"modified":"2018-06-19T13:52:23","modified_gmt":"2018-06-19T11:52:23","slug":"the-worlds-largest-tax-haven-guess-who","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/the-worlds-largest-tax-haven-guess-who\/","title":{"rendered":"The World\u2019s Largest Tax Haven? Guess Who"},"content":{"rendered":"<div class=\"supertitle\">All the Money in the World \/<span class=\"title\"> <span class=\"byline\"><a href=\"https:\/\/www.the-american-interest.com\/v\/james-s-henry\/\">James S. Henry<\/a>*<\/span><\/span><\/div>\n<div id=\"excerpt\">\n<p>For decades, the United States has been one of the leading destination havens for wealthy individual offshore investors.<\/p>\n<p><em>Q: \u201cSo where else do you advise clients to set up their offshore companies and trusts?\u201d<\/em><\/p>\n<p>A: \u201cWe think Delaware is pretty good. They have over a million companies&nbsp;<em>and trusts there, and no beneficial ownership registration. No one can find you.\u201d<\/em><\/p>\n<p>\u2014Senior partner, leading Panama law firm, money laundering conference, 2008<\/p>\n<p><span class=\"dropcap1\">B<\/span>y now we (should) all know that global trade wars<em>, <\/em>as well as imperial wars, can be costly. But the high costs of <em>global<\/em> <em>tax competition, deregulation wars, and financial secrecy wars <\/em>have received much less attention. Unfortunately, at current course and speed, such wars may well proliferate. Furthermore, the United States, which has long prided itself on being one of the world\u2019s leading proponents of progressive taxation, multilateral cooperation, and stiff sanctions for white-collar financial crime, is now actually leading this race to the bottom&#8230;..<a href=\"https:\/\/www.the-american-interest.com\/2018\/06\/18\/the-worlds-largest-tax-haven-guess-who\/\" target=\"_blank\" rel=\"noopener\">The American Interest reports<\/a>:<\/p>\n<div id=\"attachment_35323\" style=\"width: 807px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.w-t-w.org\/en\/the-worlds-largest-tax-haven-guess-who\/the-worlds-largest-tax-haven-guess-who-2\/\" target=\"_blank\" rel=\"attachment noopener wp-att-35323\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-35323\" class=\"size-full wp-image-35323\" src=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who.jpg\" alt=\"\" width=\"797\" height=\"533\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who.jpg 797w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who-300x201.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who-768x514.jpg 768w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who-449x300.jpg 449w\" sizes=\"auto, (max-width: 797px) 100vw, 797px\" \/><\/a><p id=\"caption-attachment-35323\" class=\"wp-caption-text\">The Worlds Largest Tax Haven- Guess Who \/ James S. Henry<\/p><\/div>\n<\/div>\n<div class=\"body-text post-181328 post type-post status-publish format-standard has-post-thumbnail hentry category-features byline-james-s-henry lock-true supertitles-all-the-money-in-the-world\">PDF\/ <a href=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2018\/06\/The-Worlds-Largest-Tax-Haven-Guess-Who-.pdf\" target=\"_blank\" rel=\"noopener\">The Worlds Largest Tax Haven- Guess Who <\/a>\/ <span class=\"byline\"><a href=\"https:\/\/www.the-american-interest.com\/v\/james-s-henry\/\" target=\"_blank\" rel=\"noopener\">James S. Henry<\/a><br \/>\n<\/span><\/p>\n<div id=\"author-bio\">\n<p><b>*James S. Henry,<\/b> a contributing editor, is an investigative economist and lawyer who has written widely about corporate crime, tax havens, kleptocracy, and pirate banking. He is a senior fellow at the Columbia University\u2019s Center on Sustainable Investment, a Global Justice Fellow at Yale, a senior advisor at the Tax Justice Network, and a member of the New York Bar.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"5fCzNGjy1G\"><p><a href=\"https:\/\/www.w-t-w.org\/en\/women-networks-fight-against-corruption-and-moneylaundering\/\">Women Networks Fight Against Corruption and Money Laundering<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Women Networks Fight Against Corruption and Money Laundering&#8221; &#8212; W-T-W.org\" src=\"https:\/\/www.w-t-w.org\/en\/women-networks-fight-against-corruption-and-moneylaundering\/embed\/#?secret=i3yZ2nS0Yx#?secret=5fCzNGjy1G\" data-secret=\"5fCzNGjy1G\" width=\"584\" height=\"329\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>All the Money in the World \/ James S. Henry* For decades, the United States has been one of the leading destination havens for wealthy individual offshore investors. Q: \u201cSo where else do you advise clients to set up their &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/the-worlds-largest-tax-haven-guess-who\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-35320","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"All the Money in the World. 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Guess Who","link":"https:\/\/www.w-t-w.org\/en\/the-worlds-largest-tax-haven-guess-who\/"}],"_links":{"self":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/35320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/comments?post=35320"}],"version-history":[{"count":15,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/35320\/revisions"}],"predecessor-version":[{"id":35338,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/posts\/35320\/revisions\/35338"}],"wp:attachment":[{"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/media?parent=35320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/categories?post=35320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.w-t-w.org\/en\/wp-json\/wp\/v2\/tags?post=35320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}