The US is already the only major economy that is refusing to partake in OECD information sharing agreements. Both the US under President Trump and post-Brexit UK under Prime Minister May have strong tax haven inclinations and are poised to undermine the current wave of cooperation intended to prevent international personal tax abuse. Richard Murphy's Dirty Secrets: How Tax Havens Destroy the Economy establishes that tax havens are ubiquitous, that they must be regulated, and puts forward a vision of what the world could look like without them.
Dirty Secrets is 40% off until April 10 (midnight UTC).
Tax havens harm the economy. Not just any economy: every economy. That’s the argument I make in my new book ‘Dirty Secrets’.