Editor's note

A new study has uncovered all the world’s corporate tax havens and, for the first time, revealed the intermediary countries that help companies funnel their money into these places.

The report shows that offshore finance is not the sole domain of far-flung islands states, such as the Cayman Islands and Bermuda. The Netherlands and the United Kingdom also play a crucial – and heretofore obscure – role. Javier Garcia-Bernardo, Jan Fichtner, Frank Takes and Eelke Heemskerk explain how these “conduit” countries foster tax-avoidance.

Catesby Holmes

Global Commissioning Editor

Top story

Tax sheltering is not just the domain of exotic Caribbean isles. Major world powers, including the United Kingdom, play a critical and previously undisclosed role in global tax avoidance. CORPNET

These five countries are conduits for the world's biggest tax havens

Javier Garcia-Bernardo, University of Amsterdam; Eelke Heemskerk, University of Amsterdam; Frank Takes, Leiden University; Jan Fichtner, University of Amsterdam

The Netherlands, Switzerland, the United Kingdom, Singapore and Ireland are among the rich countries that funnel major corporate money into secret offshore tax shelters, according to a new study.

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Environment + Energy

Health + Medicine

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