UK territories blamed for bulk of global tax dodging

Pedro Gonçalves
clock • 4 min read

The Tax Justice Network has placed the British Virgin Islands, Bermuda and Cayman at the top of a list that the tax campaigners call "the 10 most corrosive tax havens in the world". British territories and dependencies made up four of the top 10 countries on the Corporate Tax Haven Index.  Crown dependency Jersey was seventh on the list behind the Netherlands, Switzerland and Luxembourg. Singapore, the Bahamas and Hong Kong are also in the top 10. Britain ranked 13th and the Isle of Man 17th. The index compares how aggressively 64 jurisdictions use tax cuts, loopholes and secrecy t...

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