[lbo-talk] £13 trillion ($21tn) of wealth offshore – as much as the American and Japanese GDPs put together

[Nicholas Roberts]

 £13tn hoard hidden from taxman by global elite

• Study estimates staggering size of offshore economy
• Private banks help wealthiest to move cash into havens

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.

http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy

http://www.taxjustice.net/cms/front_content.php?idcat=148

http://www.amazon.com/Treasure-Islands-Uncovering-Offshore-Banking/dp/0230105017/ref=sr_1_1?ie=UTF8&qid=1299621250&sr=8-1

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Nicholas Roberts
US 510-684-8264
http://Permaculture.TV