Measuring the United Kingdom's ‘offshore game'

For many years the Tax Justice Network (TJN) has set out to research the effects of the offshore financial industry on the world’s economic activity. The TJN’s view is that the secrecy and tax avoidance services offered by what are commonly termed ‘tax havens’ are damaging to the global economy. Secret financial flows create opportunities for money-laundering, undermine democracy, weaken the nation state and distort economic activity.