Why do Tax Havens Still Exist?

Published: July 28, 2015, 1:30 a.m.

In 2009, UK Prime Minister Gordon Brown declared \u201cthe beginning of the end\u201d for off-shore tax havens. Since then, the EU, the G20, President Obama and others have lined up to criticise them. And yet they arre still with us. Tim Whewell asks why tax havens continue to exist, and whether tax havens are really to blame for tax avoidance in the first place.

(Photo: Island in the Seychelles. Credit: Shutterstock)