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America is becoming the largest tax haven on the planet

America is becoming the largest tax haven on the planet

“Right now, the best place to hide and clean up money is in the United States,” said Janet Yellen, Secretary of the U.S. Treasury.

This Monday, May 16th, theNGO Tax Justice Network His was released Annual ranking From “Countries that are most complicit in helping individuals hide their wealth behind the law”, And this United States Appear to be The right line is heaven.

The World’s Best Suppliers of Financial Secrets:

1 US \ ud83c \ uddfa \ ud83c \ uddf8
2 Switzerland \ ud83c \ udde8 \ ud83c \ udded
3 Singapore \ ud83c \ uddf8 \ ud83c \ uddec
4 Hong Kong \ ud83c \ udded \ ud83c \ uddf0
5 Luxembourg \ ud83c \ uddf1 \ ud83c \ uddfa
6 Japan \ ud83c \ uddef \ ud83c \ uddf5
7 Germany \ ud83c \ udde9 \ ud83c \ uddea
8 UAE \ ud83c \ udde6 \ ud83c \ uddea
9 BVI \ ud83c \ uddfb \ ud83c \ uddec
10 Guernsey \ ud83c \ uddec \ ud83c \ uddec

Financial secrecy helps tax evaders, corrupt politicians and oligarchs avoid the law # FSI2022

– Tax Justice Network (axTaxJusticeNet) May 17, 2022

Study Global wealth, hidden by opaque arrangements, reveals almost an amount $ 10 trillion.

America in bad shape

Got to Washington The worst rating ever given By NGO, it is ahead of countries like Switzerland, Luxembourg, Cayman Islands or Singapore.

The country attracts many companies, but not manyRussian oligarchyNoted Vancardia.

Already in 2021, the 2021 Pandora Papers scandalWarned about the active role of the American states Tax fraud.

But today the United States is clearly imposing itself as too big Financial paradise In this world.

From 2020, theFinancial opacity Would have increased more than the country 30%

Delivery level: Champion among champions

Status of DelawareKnown as a particularly popular tax haven in the eastern United States.

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Its jurisdiction allows Reduce tax burdensWhen not guaranteed, without paying corporate taxesAnonymity Whoever wants to.

Her Attractive tax policy Today there are more registered businesses than there are in Deleware.

Transparency is difficult to implement

If the US government shows up Know Its shortcomings at the tax level, seem to complicate the placement of highly regulated policies.

According to a new code released today, the United States is the world’s largest provider of financial secrecy. AxTaxJusticeNet.

The United States now has twice as much financial secrecy as Switzerland in second place. # FSI2022

– Transparency International US (transparencyUSA) May 17, 2022

Tax Justice Network Indicates that the main problem in the United States is still: “His denial Information exchange With the tax authorities of other countries “.