CNN, Opinion

How tax havens stole your money

Few tourists would perhaps even notice the stone dragon stranded between buses in the middle of the road that marks the boundary of the City of London, the British capital’s financial district and one of global capitalism’s most dynamic engines.

London_Skyline

Yet to step into the City is to enter what has been described by Nicholas Shaxson, author of “Treasure Islands: Tax Havens and the Men Who Stole the World,” as “an offshore island inside Britain.”

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Al Jazeera

UK sights set on world’s tax havens

The United Kingdom sits at the centre of the world’s most far-reaching network of tax havens, even as David Cameron, the British prime minister, sets his sights on “galvanising international action on tax evasion” at this week’s G8 summit.

Click on the image to see Al Jazeera's infographic on the UK's tax haven network

Click on the image to see Al Jazeera’s infographic on the UK’s tax haven network

Cameron, drawing on populist anger at corporate tax avoidance, hopes to emerge from the Northern Ireland meeting of the leaders of the world’s largest economies with an agreement that would open up the ownership of hundreds of thousands of offshore companies to scrutiny for the first time.

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