Virtual Trip To World Most Comfortable Place for Capital (Tax Havens)

Written by : NGDlover
Notegolddiamond - With the improvement in rules, systems and open application of every country, the black capitalists, the corruptor, the criminals and even the terrorists , will be more difficult to act and move their fund freely. But that's also the reason why the money from every activities that violate the law is controlled from some place in the world which strictly upholding the secrecy in every aspect of their economic rules.

The estimated number of management and financial institutions in these areas is including international banks  about 400 offices, about two-thirds of hedge funds at international level, and approximately 2 millions of the world's top companies, with accumulated assets at least 10 trillion U.S. dollars.

Mr. Crab " Well well well...Tom my friend, dont buried your money in your backyard ! Instead , you have to put it your money to the bank. Then you should go to some great country to make account, and transfer your money into it. After that, look for some business around the world and place your money there. I guarantee, you can make a lot of clean money by that way.....I can help you to put it on the banks, so you can go abroad soon. The rest of your cases here, let your lawyer do the best for you...."
 Mr.Tom " Thanks Mr.Crab. However, You should help me now....."
Mr.Crab singing "....money...money.... I love money..."

Here I invite you to make a virtual trip to the 15 World Most Comfortable for Capital in the world (tax havens region), based from a report entitled "Financial Secrecy Index" made by Tax Justice Network (TJN), an independent organization dedicated to high-level research, analysis and advocacy in the field of tax and regulation, presented for you by notegolddiamond.blogspot.com,. Update 2009.

Netherlands, Opacity 58, Finance Secrecy (Tax Haven) Rank 15

 photo : travellerspoint.com

Bahrain, Opacity 92,  Finance Secrecy (Tax Haven) Rank 14

 

Guernsey, Opacity 79, Finance Secrecy (Tax Haven) Rank 13

photo: theoghhotel.com 

Austria, Opacity 91, Finance Secrecy (Tax Haven) Rank 12

Jersey, Opacity 87, Finance Secrecy (Tax Haven) Rank 11

Hong Kong, Opacity 62, Finance Secrecy (Tax Haven) Rank 10  
 

Belgium, Opacity 73, Finance Secrecy (Tax Haven) Rank 9   

virtualtourist.com  

Singapore, Opacity 79, Finance Secrecy (Tax Haven) Rank 8

 

Photo : thuypham2007 

Bermuda, Opacity 92, Finance Secrecy (Tax Haven) Rank 7
 

Ireland, Opacity 62, Finance Secrecy (Tax Haven) Rank 6

London, Opacity 42, Finance Secrecy (Tax Haven) Rank 5
 

photo:nela444

Cayman Islands, Opacity 92, Finance Secrecy (Tax Haven) Rank 4

Switzerland, Opacity 100, Finance Secrecy (Tax Haven) Rank 3 

 Photo : gladysong
 
 Luxembourg, Opacity 87, Finance Secrecy (Tax Haven)  Rank 2

 

Delaware (USA), Opacity 92, Finance Secrecy (Tax Haven)  Rank 1

 

Key :

1. Allow near total or absolute anonymity to those who own and run companies. It is almost impossible to tell where these companies do actually trade, and where they should have tax liability or be subject to regulation

2. Contribution of the financial services sector to the overall economy. Such influence can undermine democratic decision making processes, can facilitate corruption, in the case of financial services can create a strong orientation towards the needs of those outsides the territory who would not normally be the prime concern of its government, and can be (but we stress, is not always) conducive to a criminogenic environment.

3. A high proportion of people working in financial services in the overall economic activity of a country is likely to indicate the existence of considerable political influence by the financial services industry on the government

http://www.financialsecrecyindex.com/2009results.html

SOME NOTE FROM G-20 MEETING

Agreed urged an effort to standardize rules for accounting, rules for hedge funds which is not easily does, and rules regarding Tax Heaven.

Agreed that banking confidentiality issues should be terminated and no more tolerance for the state or territory which protect the tax avoidance and other white-collar crime.

Agreed to exclude and isolate the tax haven countries from each international institutions, especially in finance and banking.

[Virtual Trip To World Most Comfortable Place for Capital (Tax Havens)]

Source : http://www.taxjustice.net/, kompas, visibiznews. 
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