Treasure Islands

Treasure Islands : Tax Havens and the Men who Stole the World

4.2 (1,063 ratings by Goodreads)
By (author) 

Free delivery worldwide

Available. Dispatched from the UK in 1 business day
When will my order arrive?

Description

WITH NEW AND UPDATED MATERIAL

Billionaire Warren Buffet, currently the third wealthiest man in the world, paid the lowest rate of tax among his office staff, including his receptionist.

In 2006 the world's three biggest banana companies did nearly GBP400 million worth of business in Britain but paid just GBP128,000 in tax between them.

In January 2009, US law enforcement fined Lloyds TSB $350 million after it admitted secretly channelling Iranian and Sudanese money into the US banking system.

Tax havens are the most important single reason why poor people and poor countries stay poor. They lie at the very heart of the global economy, with over half the world trade processed through them. They have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic downturn.

In Treasure Islands, Nicholas Shaxson shows how this happened, and what this means for you.
show more

Product details

  • Paperback | 384 pages
  • 129 x 198 x 24mm | 266g
  • VINTAGE
  • London, United Kingdom
  • English
  • 0099541726
  • 9780099541721
  • 94,888

Review Text

An utterly superb book
show more

Review quote

Not just a crucial expose of the corrupt systems endemic in the global economy, but also a rousing call to do something about them -- Holly Kyte * Sunday Telegraph * A fascinating, chilling book -- Paul Krugman Excellent... Shaxson comes as close as anyone ever has in getting the crux of the tax haven conundrum, which is to attempt to answer the question: why are they tolerated? - Evening Standard * Evening Standard * Shaxson combines meticulous research with amusing anecdotes, resulting in a very readable account of the murky world of offshore and a strong moral message that the system needs to be changed * Financial Times * An utterly superb book -- Jeffrey Sachs
show more

About Nicholas Shaxson

Nicholas Shaxson is the author of Poisoned Wells, the Dirty Politics of African Oil, and an experienced journalist who has written regularly for the Financial Times, The Economist, Vanity Fair and many others.
show more

Rating details

1,063 ratings
4.2 out of 5 stars
5 44% (465)
4 38% (404)
3 14% (154)
2 3% (27)
1 1% (13)
Book ratings by Goodreads
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Close X