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Treasure islands : uncovering the damage of offshore banking and tax havens / Nicholas Shaxson.

Shaxson, Nicholas. (Author).
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Available copies

  • 1 copy at Island Libraries. (Show)
  • 1 copy at University of Prince Edward Island. (Show)
  • 1 copy at Robertson Library.

Current holds

0 current holds with 1 total copy.

Library Call Number Location Status Due Date
Robertson Library HV6344.U6S53 2011 STACKS Available -
Subject: Tax evasion > United States.
Tax havens.
Banks and banking, Foreign.

Record details

  • ISBN: 9780230105010
  • ISBN: 0230105017
  • Physical Description: 264 p. ; 25 cm.
  • Edition: 1st edition.
  • Publisher: New York City : Palgrave Macmillan, 2011.

Content descriptions

Bibliography, etc. Note: Includes bibliographical references and index.
Formatted Contents Note: An offshore awakening -- Welcome to Nowhere : an introduction to offshore -- Technically abroad: the Vestey brothers, the American Beef Trust, and the rise of multinational corporations -- The opposite of offshore : John Maynard Keynes and the struggle against financial capital -- The great escape : how Wall Street regained its powers by going offshore to London -- Construction of a spiderweb : how Britain built a new overseas empire -- The fall of America : how the United States learned to stop worrying and love the offshore world -- The drain : how tax havens harm poor countries -- Resistance : in combat with the ideological warriors of offshore -- The life offshore : the human side of secrecy jurisdictions -- Ratchet : how secrecy jurisdictions helped cause the latest financial crisis -- Reclaiming our culture.
Summary: "We are witnessing the greatest shift of wealth from poor to rich in history. In the United States alone, the wealthiest avoid paying an astonishing $53 billion in taxes each year. Nicholas Shaxson, in league with the Tax Justice Network, dives deep into the secret world of tax havens and takes us to hot spots from Switzerland to Panama to Delaware in a riveting narrative of how society loses through illegal tax evasion. With jaw-dropping stories and vivid explanations, Shaxson highlights the biggest players in the game, and shows how: - More than 12,750 foreign corporations get out of paying taxes each year by claiming to have offices in the same five-story building in the Cayman Islands. - One thousand children die every day as a result of illegal, trade related tax evasion. - Although billions are poured annually into Africa, corrupt officials there stow twice as much away in tax havens, making Africa a net creditor to the rest of the world. -- Provided by publisher.

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