What are the assets of the Cayman Islands?

As you might of guessed, this is trick question.

Currently I am reading “Seven Ways To Change The World: How To Fix The Most Pressing Problems We Face” by Gordon Brown. In the chapter on tax havens, he reveals that the the territory’s foreign assets are valued at an astonishing 1,500 times the size of its domestic economy.

These is because corporations are locating their assets in the Caribbean in order to evade taxation in the countries where they actually provide their products and services, earn their revenues, and make their profits. .


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