Double Irish with a Dutch Sandwich

Posted: April 29, 2013 in Capitalism, International, The People's History
Tags: , , , ,

“Where do multinationals pay taxes and how much?” Gaining insight from international tax experts, Backlight director Marije Meerman (‘Quants’ & ‘Money & Speed’), takes a look at tax havens, the people who live there and the routes along which tax is avoided globally.

English: Map of tax havens, using the 2007 pro...

English: Map of tax havens, using the 2007 proposed “Stop Tax Haven Abuse Act”, US Congress, list of tax havens (Photo credit: Wikipedia)

Those routes go by resounding names like ‘Cayman Special’, ‘Double Irish’, and ‘Dutch Sandwich’. A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalized capitalism?

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