LEADER 04415nam 2200781 a 450 001 9910453531503321 005 20200520144314.0 010 $a0-8014-6855-8 010 $a0-8014-6856-6 010 $a1-322-50543-8 024 7 $a10.7591/9780801468568 035 $a(CKB)2550000001192970 035 $a(EBL)3138436 035 $a(SSID)ssj0000853012 035 $a(PQKBManifestationID)11453293 035 $a(PQKBTitleCode)TC0000853012 035 $a(PQKBWorkID)10853687 035 $a(PQKB)10783595 035 $a(MiAaPQ)EBC3138436 035 $a(OCoLC)1016581669 035 $a(MdBmJHUP)muse58259 035 $a(DE-B1597)503372 035 $a(DE-B1597)9780801468568 035 $a(Au-PeEL)EBL3138436 035 $a(CaPaEBR)ebr10663132 035 $a(CaONFJC)MIL681825 035 $a(OCoLC)834622244 035 $a(EXLCZ)992550000001192970 100 $a20090629d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aTax havens$b[electronic resource] $ehow globalization really works /$fRonen Palan, Richard Murphy, and Christian Chavagneux 210 $aIthaca, N.Y. $cCornell University Press$d2010 215 $a1 online resource (281 p.) 225 0 $aCornell Studies in Money 225 0$aCornell studies in money 225 0$aCornell paperbacks 300 $aDescription based upon print version of record. 311 $a0-8014-7612-7 311 $a0-8014-4735-6 320 $aIncludes bibliographical references and index. 327 $aWhat is a tax haven? -- Tax havens : vital statistics -- The instruments of tax havens -- Origins of the tax havens -- The British Empire strikes back -- Tax havens and the developed world -- Issues in development -- Signs of discontent -- Institutional attacks on tax havens -- Tax havens in the twenty-first century. 330 $aFrom the Cayman Islands and the Isle of Man to the Principality of Liechtenstein and the state of Delaware, tax havens offer lower tax rates, less stringent regulations and enforcement, and promises of strict secrecy to individuals and corporations alike. In recent years government regulators, hoping to remedy economic crisis by diverting capital from hidden channels back into taxable view, have undertaken sustained and serious efforts to force tax havens into compliance.In Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system-their history, inner workings, impact, extent, and enforcement. They make clear that while, individually, tax havens may appear insignificant, together they have a major impact on the global economy. Holding up to $13 trillion of personal wealth-the equivalent of the annual U.S. Gross National Product-and serving as the legal home of two million corporate entities and half of all international lending banks, tax havens also skew the distribution of globalization's costs and benefits to the detriment of developing economies.The first comprehensive account of these entities, this book challenges much of the conventional wisdom about tax havens. The authors reveal that, rather than operating at the margins of the world economy, tax havens are integral to it. More than simple conduits for tax avoidance and evasion, tax havens actually belong to the broad world of finance, to the business of managing the monetary resources of individuals, organizations, and countries. They have become among the most powerful instruments of globalization, one of the principal causes of global financial instability, and one of the large political issues of our times. 410 0$aCornell paperbacks. 410 0$aCornell studies in money. 606 $aTax havens 606 $aTax evasion 606 $aInternational finance 606 $aGlobalization 608 $aElectronic books. 615 0$aTax havens. 615 0$aTax evasion. 615 0$aInternational finance. 615 0$aGlobalization. 676 $a336.2/06 700 $aPalan$b Ronen$f1957-$0148076 701 $aMurphy$b Richard$f1958-$01038318 701 $aChavagneux$b Christian$01038319 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910453531503321 996 $aTax havens$92459833 997 $aUNINA