Saturday, January 19, 2013

Cayman Islands to Life Veil of Financial Secrecy

I found this quite pleasantly surprising: the Cayman Islands are about to start disclosing companies and their directors who have hidden wealth there from other countries. Up until now, secret banking, including investment banking and incorporation, were about the Cayman's only real industry. I'm guessing that Great Britain finally decided to go after all that's owed there in taxes, so turned up the pressure on the Cayman's, a British Territory.

economics, economy, tax, taxes, tax evasion, Cayman Islands

Read the full article on Class Warfare Exists.

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