Banking Secrecy

Financial Integrity Meets Human Rights

Raymond Baker | Posted 05.25.2011

Raymond Baker

It is estimated that $1 trillion in illicit money leaves developing countries every year. This outflow reduces tax collection, cripples foreign aid, undermines free trade and worsens poverty for billions of people.

A Tax Lawyer Explains Tax Havens

Hale "Bonddad" Stewart | Posted 05.25.2011

Hale

The banking secrecy issue is incredibly important to the G-20 nations. What they need is a way to obtain compliance with their domestic anti-avoidance laws -- laws meant to prevent tax evasion.