Cayman Islands
Business
Tax Havens: Why the G-7 Effort to End Them is Unlikely to Succeed
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Tax havens are characterized by applying a tax regime that is especially favorable to non-resident citizens and companies.
Business
Greeks Hide €200 B in Switzerland
Greeks hold deposits of 200 billion euros in Switzerland, while Greece emerges as the “big loser” of tax evasion.
The Austrian newspaper Der Standard dedicated an article to tax evasion in Greece, referring to the large deposits of rich Greeks...
Economy
Vulture Funds Cashing in on Greek Debt
Wherever chaos appears, vultures follow; an unavoidable consequence which Greece has to deal with. Greeks rush to withdraw savings, while some "clever" and rich companies around the world make deals with Greeks.
Kenneth Dart is an American tax exile who...