EU Tax Observatory 42d ago

The fourth lecture in our Offshore Talks series with Jason Sharman, author of "The Despot's Guide to Wealth Management" and the upcoming book "Small Places, Big Money". The book "Small Places, Big Money" responds to a paradox: Offshore Financial Centres are conventionally argued to have attracted huge amounts of non-residents' money by providing secrecy. Over 25 years of multilateral transparency reforms have greatly eroded this secrecy, however, and yet there is now at least as much money offshore as before; why is big money still in small places? The book examines various reasons why money is still offshore, ranging from money laundering, corruption, tax evasion and tax avoidance, to asset protection and institutional arbitrage. #TheOffshoreTalks #JasonSharman