Sunday, July 22, 2012

£13TRILLION: hoard hidden from taxman by global elite

http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy
A global super-rich elite has exploited gaps in cross-border tax rules to hide an extraordinary £13 trillion ($21tn) of wealth offshore – as much as the American and Japanese GDPs put together – according to research commissioned by the campaign group Tax Justice Network.

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