tax haven

But there is at least one thing on which global leaders seem to agree: cracking down on tax havens and tax evasion would help.

So they do a bit of sabre-rattling but mostly let their companies use tax havens to suit their needs.

Financial regulation does not seem to be extending much beyond populist pseudo-measures on tax havens.

The agreement of a global package to deal with toxic debt and a consensus of dealing with the tax havens is good news for most people.

But in the United States alone, offshore tax havens are estimated to deprive the Treasury of $100 billion a year.

Mr. Sarkozy said he wanted Europe to set an example in regulating banks, hedge funds, tax havens and executives' pay.

"The US Congress is involved in a fairly extensive debate on healthcare, leaving less time to focus on tax havens, " he said.

Brown said the final deal included agreement on tighter regulation of hedge funds, tax havens and the banking system.

For Britain, which exercises at least nominal sovereignty over these tax havens , their survival matters.

"Name and shame" policies like those used in the fight against international tax havens would be one, albeit toothless, possibility.

JUDGED by appearances, Europe's tax havens seem to promise safety from economic tempests.

It has also been part of a wider international campaign to end the avoidance of taxes using offshore accounts and tax havens.

The position is reminiscent of his threat to walk away from the London summit in April unless the G20 agreed to a clampdown on tax havens.

The agreement to publish an OECD blacklist of tax havens within hours of the end of the summit was a last-minute bonus, officials said.

The relaxation and final abandonment of exchange controls in the 1970s led to the blossoming of "offshore" finance and a boom in tax havens.

This would make sense, as it is relatively simple and would surely shift much of the tax base to bigger economies from tax havens.

As European leaders focus on tax havens and hedge funds, it is hard to detect a sense of urgency in dealing with the wider crisis.

At the recent Group of Four European summit, she pushed ahead with a proposal to regulate hedge funds and tax havens.

As well as personal financial planning , tax havens provide services to companies , hedge funds, investment trusts and unit trusts .

Singling out tax havens as the culprits behind tax flight is out of date, for two reasons.

For those investors based in tax havens not protected by China DTAs, they have until the end of the year to restructure.

They lambast tax havens for sucking in the money of foreigners and multinational companies.

China's new law could also make life more complicated for investors based in tax havens that do not have double tax agreements with China.

The German and American governments are leading an attack on bank-secrecy laws in tax havens.

Tax havens worldwide have come under fire from regulators this year over their tax and secrecy laws.

Except for the tax havens, corporations of all natioanalities believe that their tax load is bigger than the competitors across the border.

But some experts say that despite the recent crackdown and increased scrutiny, tax havens will continue to exist.

and even these victories are often hard fought, as evidenced by the struggle to deal with tax havens.

That would help prevent the worst abuses of transfer pricing scams, in which tax havens play a handy role.

Tax havens have proliferated even as the politicians have occasionally railed against them.

The forum would also be charged with implementing a crackdown on tax havens that will be recommended Thursday when the G20 summit concludes.

During the summit itself the two leaders sparred over whether the G20 should publish a blacklist of tax havens.

I believe the secret bank accounts are now in Luxembourg, or have recently been transferred from Luxembourg to other tax havens.

They duly singled out hedge funds, credit rating agencies, tax havens and executive compensation for tighter regulation.

The reforms are aimed at closing loopholes for overseas tax havens and ending business tax incentives for creating jobs overseas.

Switzerland has been removed from the OECD's "grey list" of tax havens to become a country that fully implements global tax standards.

Mr Brown wants a crackdown on tax havens and a global deal to curb bankers' pay.

Intel spokesman Chuck Mulloy said yesterday his company is reviewing the president's speech on offshore tax havens.

If the multilateral clampdown on tax havens is a yardstick, the bonus bandwagon could gain further momentum.

Promoters of tax havens are now also marketing their wares to a broader audience.

using clever accounting tricks to book profits in tax havens while reducing their bills in the countries where they do business.

Transactions with tax havens and tax avoidance or evasion schemes involving tax havens are identified .

These reforms would make the international tax system more effective and fairer, and remove a major rationale for tax havens.

I note with consternation Europeans' obsession with regulating hedge funds and tax havens.

A crackdown on a few tax havens, just decided by the G20, is important.

New 'rules of the road' for Caribbean and other tax havens will be included in the communique, Mr. Froman said.

Officials also emphasize that tax havens must follow through on promises to cooperate.

They also mentioned a broad agreement on creating a blacklist of tax havens to force changes in banking secrecy.

The president also called for more transparency in bank accounts held by US citizens in tax havens such as the Cayman Islands.

The French list the G20 agreements to curb bank bonuses, strengthen bank capitalisation and squeeze tax havens as examples.

Barack Obama, the new US president, is an avowed enemy of tax havens.

The OECD is drawing up a fresh list of non-co-operative tax havens.

Most of the rich would rather stay put, moving only their assets to tax havens.

These benefits have persuaded some prosperous people to set up house in sunny tax havens.

A ten-point list of demands blasts tax havens and the influence of business over politics.

He is seeking a system of global financial regulation, including a clampdown on traders, speculation and tax havens.

Finally, multinational companies in China should make use of tax havens, tax avoidance was the appropriate treatment suggestions.

I had arrived expecting to write that Monaco was the past: tax havens, I'd read, were under threat.

Other tax havens will sleep a little less soundly.

If there are funds illegally hidden in Caribbean tax havens, they will amount to small change next to the debt mountain Iceland now faces.

The OECD is due to release a full report that is expected to contain a list of tax havens and possible retaliation measures.

The secretive systems that facilitate corruption, like tax havens in rich countries, such as Switzerland and Luxemburg, damage economies.

Under these rules companies with subsidiaries in tax havens are taxed more heavily, making the use of OFCs less attractive.

Please check our prices and the list of Tax Havens to setup a company.

It's true that tax havens have taken some stick lately.

The code was extended to EU members' dependencies, so it covered tax havens such as Jersey, Guernsey and Cayman.

The G-20 nations also agreed to impose sanctions on tax havens from March 2010.

C&W has international operations in 33 countries, many of which are offshore tax havens.

In 2000 the OECD blacklisted 35 tax havens.

This FDI, much of which was channelled through tax havens such as Luxembourg, was related to commodities and energy.

We resolutely oppose listing China's Hong Kong and Macau SARs as "tax havens" , which is an unfounded accusation.

Project companies are mostly shell companies incorporated in tax havens such as the Virgin Islands, Cayman Island and Hong Kong.

Mr. Sarkozy said that China is likely to oppose the blacklist of "tax havens" at the Summit because of Hong Kong and Macao.

Leaders of the G-20 Summit also pledged to clamp down on tax havens,

Existence of transactions involving tax havens;

Six Models of Tax Havens