Anyone who's looking for an in-depth and more than a little disturbing look into how the rich and powerful use offshore tax havens need look no further than a new report from the Center for Public Integrity's International Consortium of Investigative Journalists out today. The findings shed light on 120,000 offshore companies and trusts, almost 130,000 individuals, and pertain to nearly 170 different countries. Given the size of the trove, there's myriad ways for the data to be cut and nearly countless stories to tell, but few paint a rosy picture of international finance. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.