How Mauritius hopes to shake its reputation as a tax haven
By Dana Sanchez From AFK Insider Mauritius plans to launch a trading platform that hedges African currencies against the U.S. dollar — part of a bid to shake its reputation as little more than a tax haven and expand its…
Report IDs world’s top tax havens
By Alanna Petroff From CNN Bermuda, the Cayman Islands and the British Virgin Islands are three of the most notorious tax havens in the world, according to a new report. Bermuda, the Cayman Islands and the British Virgin Islands are…
Why US companies can earn $51 billion in the Cayman Islands even though its GDP is only $3 billion
By Tim Fernholz @timfernholz From Quartz The foreign subsidiaries of US corporations made $94 billion in Bermuda in 2010, the latest year we have data for. That’s incredible work, since only $6 billion of goods and services were produced on…
Pfizer, other companies accused of dodging taxes
By Lee Howard From The Day Top American companies including pharmaceutical giant Pfizer Inc. are saving at least $550 billion in taxes by holding profits in overseas tax havens, according to a report Monday by the advocacy group Citizens for…
