Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Thursday, July 27, 2017
The Most Popular Ways to Funnel Cash to Tax Havens
The road to the world's biggest tax havens goes through Britain and the Netherlands. The countries are the two most popular routes companies use to funnel cash away from the tax man, according to a study from the University of Amsterdam. Together with Switzerland, Singapore and Ireland, they account for 47 percent of transfers to what the researchers called "sink" offshore financial centers.
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