| Edition |
First St. Martin's Griffin edition. |
| Description |
264 pages ; 24 cm |
| Bibliography |
Includes bibliographical references (pages [233]-257) and index. |
| Contents |
Acknowledgments -- Prologue: Offshore awakening -- Chapter 1: Welcome to nowhere: introduction to offshore -- Chapter 2: Technically abroad: the Vestey Brothers, the American Beef Trust, and the rise of multinational corporations -- Chapter 3: The opposite of offshore: John Maynard Keynes and the struggle against financial capital -- Chapter 4: The great escape: how Wall Street regained its powers by going offshore to London -- Chapter 5: Construction of a spiderweb: how Britain built a new overseas empire -- Chapter 6: The fall of America: how the United States learned to stop worrying and love the offshore world -- Chapter 7: The drain: how tax havens harm poor countries -- Chapter 8: Resistance: in combat with the ideological warriors of offshore -- Chapter 9: The life offshore: the human side of secrecy jurisdictions -- Chapter 10: Ratchet: how secrecy jurisdictions helped cause the latest financial crisis -- Conclusion: Reclaiming our culture -- Notes -- Index. |
| Summary |
Overview: Published to rave reviews on both sides of the Atlantic, Treasure Islands is an expose of how the corporate world uses tax havens to shirk paying its share of taxes. This costs the United States alone 100 billion dollars in lost revenue each year. While the United States experiences a recession and European countries face bankruptcy, Nicholas Shaxson, a former correspondent for the Financial Times and The Economist, argues that the problem can be traced back to the pervasive practice of offshoring financing in order to minimize taxable revenue. Journeying from Moscow to London to Switzerland to Delaware, he dives deep into a vast and secret playground where bankers and multinational corporations operate side by side with nefarious tax evaders, organized criminals, and the world's wealthiest citizens. This is a fast-paced narrative that at last explains how bankers, traders, and other financial wizards are using the system to deepen our economic divide. |
| Subject |
Tax evasion -- United States.
|
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Tax havens.
|
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Banks and banking, Foreign.
|
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Banks and banking, Foreign. (OCoLC)fst00827084
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Tax evasion. (OCoLC)fst01143749
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Tax havens. (OCoLC)fst01143780
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United States. (OCoLC)fst01204155
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| ISBN |
9780230341722 (trade paperback) |
|
0230341721 (trade paperback) |
|
