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Treasure Islands: Tax Havens and the Men who Stole the World - Softcover

 
9780099541721: Treasure Islands: Tax Havens and the Men who Stole the World
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* Billionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist.

* In 2006 the world's three biggest banana companies did nearly £400 million worth of business in Britain but paid just £128,000 in tax between them.

* In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system.

Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them.

They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn.

In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you.

'A gripping read... An account illuminated by anecdotes that are often more James Bond than Eurobond. Shaxson shows us that the global financial machine is broken and that very few of us have noticed' New Statesman

'Excellent...breathtaking and terrifying' Irish Times

'Perhaps the most important book published in the UK so far this year' George Monbiot

"synopsis" may belong to another edition of this title.

Review:
`This book is a must-read for anyone who wants to understand the world we live in' --Irish Times

Not just a crucial exposé of the corrupt systems endemic in the global economy, but also a rousing call to do something about them --Sunday Telegraph
Book Description:
This is the ugliest chapter in global economic affairs since slavery - and secretive offshore tax havens are at the heart of the trouble.

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  • PublisherVintage
  • Publication date2012
  • ISBN 10 0099541726
  • ISBN 13 9780099541721
  • BindingPaperback
  • Number of pages384
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Book Description Paperback. Condition: new. Paperback. This is the ugliest chapter in global economic affairs since slavery - and secretive offshore tax havens are at the heart of the trouble.WITH NEW AND UPDATED MATERIALBillionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist.In 2006 the world's three biggest banana companies did nearly e400 million worth of business in Britain but paid just e128,000 in tax between them.In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system.Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them. They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn.In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you. Billionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist. Tax havens are the most important single reason why poor people and poor countries stay poor. The author shows how this happened, and what this means for you. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780099541721

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