Offshore tax havens are still linked to the subject of money laundering despite the constant battle the industry has in dispelling this association. More can be done in breaking this link
I was listening to a news programme on BBC Radio 4 a few weeks ago, when along came a feature on international money laundering. It covered all the usual angles and interviewed a number of experts about the size, scope and impact of money laundering around the world. All good stuff and nothing there that anyone could disagree with: money laundering is big, it is a problem and, naturally enough, something should be done about it. But then, with a weary inevitability, came the predictable mention of 'offshore tax havens". Although never explained in full, this phrase was used as lazy shor...
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