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Tax sheltering is not just the domain of exotic Caribbean isles. Major world powers, including the United Kingdom, play a critical and previously undisclosed role in global tax avoidance. CORPNET

These five countries are conduits for the world’s biggest tax havens

Javier Garcia-Bernardo, University of Amsterdam; Eelke Heemskerk, University of Amsterdam; Frank Takes, Leiden University, and Jan Fichtner, University of Amsterdam

The Netherlands, Switzerland, the United Kingdom, Singapore and Ireland are among the rich countries that funnel major corporate money into secret offshore tax shelters, according to a new study.

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