Tax havens are a popular option for wealthy people eager to slip their earnings past the authorities. They are countries that impose minimal taxes, have stringent banking secrecy, and allow people to set up companies there anonymously.
The EU will shortly publish a tax haven blacklist, part of a strategy to deal with the issue of global tax avoidance and evasion. The charity Oxfam has its doubts though, and has published a list of its own.
The European Union has named and shamed 17 countries on a new tax haven blacklist. But the bloc's effort to crack down on tax avoidance has come under fire, with no EU member states included on the list.
The Paradise Papers have once again highlighted how the world's wealthy elite skirt paying taxes, whether legally or illegally. DW takes a look at some of the the biggest tax-related data leaks in recent history.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version