Over the past 20 or 30 years, systems were introduced creating transparency so that you know who has money where, so that tax authorities can use this information to make sure that their citizens are not evading taxation. But while that can be effective in countries where the tax authority is operating independently of the government and politics, it’s not going to work in Russia or China or many other developing countries.
AuthorRonen Palan
Ronen Palan is a Professor of International Politics, City, University of London.
Professor's Palan's work lies at the intersection between international relations, political economy, political theory, sociology and human geography. He wrote a number of books and numerous articles, book chapters and encyclopaedia entries on the subject of Offshore and Tax havens, state theory and international political economic theory. His work has been translated to Chinese, simple and complex characters, Japanese, Korean, Spanish, French, Russian, Italian, Azeri and Czech.