Stashing cash in the world’s tax havens

This infographic designed by ericphillips.net and hosted by online-accounting-degrees.net explores the world’s tax havens and shows how they work.

Global tax havens are currently home to an estimated $21 to $32 trillion. The gross domestic product of the US and European Union combined is roughly equal to $32 trillion.

Those who get away with stashing cash in havens win big, while those without the resources or know-how are stuck bearing the brunt of domestic tax burdens.

Image source: www.online-accounting-degrees.net