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The Hidden Wealth of Nations: The Scourge of Tax Havens (Record no. 783)

000 -LEADER
fixed length control field 01568nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Zucman, G.
245 ## - TITLE STATEMENT
Title The Hidden Wealth of Nations: The Scourge of Tax Havens
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Chicago
Name of publisher University of Chicago
Year of publication 2015
300 ## - PHYSICAL DESCRIPTION
Number of Pages 7p.
520 ## - SUMMARY, ETC.
Summary, etc In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%—there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Tax Havens, Corruption, Illicit Wealth
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/201512AmericanProspect.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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