Treasure Islands : Tax Havens and the Men who Stole the World

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  • Bread and Roses Award Nominee for Shortlist (2012)
Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Treasure Islands : Tax Havens and the Men who Stole the World

Regular price RM30.34 MYR
Unit price
per
ISBN: 9780099541721
Authors: Nicholas Shaxson
Publisher: Vintage
Date of Publication: 2012-01-05
Format: Paperback
Related Collections: Economics, Business, History, Politics
Goodreads rating: 4.19
(rated by 1776 readers)

Description

WITH NEW AND UPDATED MATERIALBillionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist.In 2006 the world's three biggest banana companies did nearly £400 million worth of business in Britain but paid just £128,000 in tax between them.In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system.Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them. They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn. In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you.
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Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.